Home Equity Line of Credit

Available to Members who own property in the State of Wyoming.
Loan to Value: Up to 100%
Draw Period: 60 months
Repayment Terms: Interest only for up to 120 months based on credit score, then borrower must pay loan off in full, or refinance.
Interest Rates: Variable rate tied to the prime rate published in the Wall Street Journal. Initial rate will be based on the borrower's credit score and loan to value.
Closing Fee: None
Early Payoff Penalty: None
Interest: Simple interest based on a 365 daily accrual.
Monthly Payment: Payments may be made in person, through the mail, auto deduction, payroll deduction, online banking or telephone banking.
To apply for a loan Click Here.
Please reference Important Terms for more information on loan qualifications and examples. All loans subject to final credit approval. Consult your tax advisor concerning the deductibility of interest. **APR - Annual Percentage Rate.
LTV - Loan to Value.
Rates are subject to change. Rates and maximum loan terms are dependent on credit qualifications. Rates listed are the lowest available. Home Equity or real estate secured loans are limited to properties located in the State of Wyoming. Your actual rate is based on previous credit performance. Lowest rate shown is for well-qualified borrowers and includes automatic payment discount.

President's Letter to Members

Revised: June 8^th, 2010

WyHy continues to put you, our owner and your interest's first! We are asking for both your help and request your support for your credit union!

As a WyHy owner, you have a right to know how governmental changes can affect your everyday routine. The Senate has recently passed an amendment to the financial reform bill that will have a significant impact on how you use your debit card. WyHy does not support this legislation, and we would like to explain why.

We do not believe the federal government should decide how much it should cost for stores to accept debit cards, especially if it will force financial institutions to raise the rates on these cards for customers. We also disagree with the amendment because it will give retailers the ability to set minimum and maximum payment amounts, and to discriminate between cards, charging more for one than another. We don't want you to be forced to carry cash, just to avoid being stranded at the register if you can't use your card. We don't want you to have to carry several cards, just to avoid paying more to use one versus another.

Please speak out against this amendment becoming law before it is too late. This is a simple process that should only take a couple of minutes to complete. Please click here to send a letter or email to your Member of Congress. This is time sensitive, make your voice heard.