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Saco Valley Credit Union
Mobile Banking App

Free - On the App Store


Saco Valley Credit Union
Mobile Banking App

Free - On the App Store

Call us today to get started 207-282-6169

Does Your Home Have Equity?

We care [about helping you get the most out of your home].

Call us today to get started 207-282-6169

Help From Your Home

If your home has equity, you may be able to use that for any reason, at any time!

  • Use for anything
  • Use when you want
  • Easy payment options
  • Lines from $5,000 to $100,000
  • Loans subject to credit approval
  • Questions? Call 207-282-6169 or text our mortgage lending team at 207-602-4313!

Start using your equity today!

Give us a call at 207-282-6169.

We cannot express the pleasure we have had in dealing with the Saco Valley Credit Union Home Mortgage Department. It has been the swiftest, most comforting, least complicated and by far the most relaxing experience we have ever had in dealing with both mortgages and home equity loans. It definitely rates 12 on a 10 star scale. I recommend everyone to join SVCU just for this feature alone. In fact, that's how and why we joined!

Jim & Michelle S., Lyman, ME

Frequently Asked Questions

Your line will remain open for 10 years, unless your wish to close it, sell your home, or if the Credit Union deems closure as necessary.
Your monthly payment is 1.5% of your outstanding balance the last time you took an advance. As you pay down your balance, the funds become available to borrow again!
The equity in your home is the difference between the home’s value and the outstanding balance of any mortgages you have on your property. The credit limit on your Home Equity Line is calculated by taking 85% (70% for condos) of the appraised value of your property and subtracting the balance owed on the existing mortgage(s). The amount of credit available is dependent upon your credit, your ability to repay, and the amount of equity in your home.

What It’s Like When Your Credit Union Cares

Financial Confidence

We are here to listen to your goals, needs, and struggles and then make recommendations for you that won’t break the bank!


Banking should be easy! With three branches and online and mobile apps, we try to make banking easy and convenient for you.


Sometimes life throws us a curve-ball and we need help. Saco Valley is your financial family. We want to help and will often have the tough conversations needed to help you get through a tough time.

*7 Month Certificate Special – 5.17% APY*

Earn more with a share certificate special for 7 months at a great APY (Annual Percentage Yield) of 5.17%!