Home Equity Loans

Platinum Equity Visa - A Home Equity Line of Credit

The Platinum Equity Visa is a home equity line-of-credit packaged in a convenient Visa card.  It’s the flexible solution for home improvement projects, taking a vacation, consolidating bills, paying education expenses and much more.

A Platinum Equity Visa from Beacon offers a revolving line of credit with a minimum credit limit of $5,000. The rate on a Platinum Equity is the Prime Rate plus 1.25%, as published on the first business day of each month in the Wall Street Journal. And interest paid on a home equity loan may be tax deductible!

Now is a great time to apply for a Platinum Equity:

  • No Closing Costs*
  • No Annual Fee
  • No ATM or Over-the-Counter fees
  • Accepted Worldwide
  • 25 Day Grace Period on Purchases
  • Online Account Access (check balance, make payments online
  • Maximum loan-to-value 80% (calculate your available equity)

Apply Online
Apply for a mortgage loan or home equity line-of-credit through this application.

Mortgage Application

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Disclaimer: Links to other websites found here are provided to assist in locating information. The existence of a link between this website and another does not constitute a product or program endorsement by Beacon Credit Union or any of its affiliates or employees. The credit union has no responsibility for content of the websites found at these links or beyond and does not attest to the accuracy or propriety of any information located there.

Beacon Credit Union - Proudly serving members of northcentral Indiana.

* Certain restrictions apply on closing costs and is subject to collateral review and credit approval. Programs, rates, terms and conditions are subject to change without notice. Maximum rate is 6% above the initial rate when account was opened and is not to exceed 21%. Minimum monthly payment will equal the greater of the amount of the accrued finance charges on the last day of the billing cycle or $20.00. The periodic rate is .3750% per month for cash advances and purchases. No transaction fee for cash advance/purchases. No grace period for cash advances. Minimum credit limit is $5,000. Maximum credit limit $100,000. Rate subject to change. Consult your tax advisor for tax-deductibility. Credit application required. Equal Housing Opportunity.