Put Your Home's Equity to Work
so you can get back to what's important to you
Need funds now for a large expense or want to have cash ready for a future project? Borrow as you go (up to your limit) from a line of credit secured by the equity in your home, with a Credit Union 1 Home Equity Line of Credit (HELOC). Pay only for the funds you use — not your limit! With our low rates you will make the most of your home’s value.
- Rates as low as Prime + .50%1 for the life of the loan
- Up to 90% Total Loan to Value - Less 1st Mortgage
- Up to 20 Years Repayment
- No Application Fee
- No Appraisal Fee
- No Closing Costs
- Variable Rate Loan
APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval. 1The Annual Percentage Rate may vary after the account is opened. There is a $75 Annual Fee and a $100 Minimum Monthly Payment. 20-year term, 10 year draw. HELOC has a floor rate of 3.74% APR. The maximum rate that may be imposed is 18.00% APR. Closing costs vary by state and range from $250 - $750, available for properties in IL, IN, and NV only. Credit Union 1 will pay the closing fees associated with the setup of the loan. If a HELOC is closed within 24 months from the open date, a fee reimbursement applies for costs associated to setup the loan.