Limited Time Home Equity Special: 1.99% for 12 months4. After the promotional period rate is set at .26% below the prime rate. Current rate would be 4.49%.

HUECU can help you make the most of the equity in your home with a Home Equity Loan or Line of Credit.

Tapping into your Home Equity is great way to access low-cost funds for a variety of needs from home improvements and travel to debt consolidation and major life events.

Borrowing with a Home Equity Loan or Line offers two key advantages:

  1. The interest rate will be lower – usually much lower than what you’d pay on a credit card or personal loan.
  2. The interest you pay usually is tax deductible which further reduces the cost of borrowing.

All of our Home Equity products feature:

  • No Annual Fees
  • No Pre-Payment Penalties
  • No Closing Costs
  • HELOC Debit Cards for you to easily charge purchases using your HELOC funds. If you already have a HELOC, you may request a HELOC Debit Card using this form.

With a Home Equity Line of Credit, instead of receiving one lump sum, you have the flexibility to draw funds whenever you need them.3 Tapping into your line is easy using online or mobile banking, and the variable interest rate is only charged on the amount that you use.2

  • Rate is below prime for the life of the line2
  • 10 year draw followed by 15 year repayment
  • No closing costs1
  • Advances can be made via checks, online, in person, and over the phone
  • Borrow up to 80% of the equity in your home

Fixed Home Equity Loans have fixed interest rates and are available at flexible terms. Funds are disbursed in one lump sum, making this is the perfect solution for big purchases or one-time projects.

  • Low fixed rates
  • Flexible terms available
  • No closing costs1
  • Fixed monthly payment
  • Borrow up to 80% of the equity in your home
  • Discounted rates with automatic payments from an HUECU checking account

1. If discharge is requested within 24 months from date of note, borrower will be obligated to pay lender the amount of waived fees.
2. Rate adjusted monthly according to Prime Lending Rate as published in the Wall Street Journal. Maximum APR that may apply on Home Equity Lines is 18.00%. Rates and terms are subject to change.
3. Adequate property insurance, and possibly flood insurance, is required. 1-4 family, owner-occupied primary residence and second homes only. Subject to credit approval.
4. After the first 12 billing cycles the Annual Percentage Rate (APR) is variable. After the promotional period, the Interest Rate will be set on the first day of each month at .26% below the Prime Rate published in the Wall Street Journal on the last business day of the previous month. Maximum APR that may apply on Home Equity Lines is 18.00%. Rates and terms are subject to change. If discharge is requested within 24 months from date of note, borrower will be obligated to pay lender the amount of waived fees. To guarantee the current fixed home equity rates, you must close on the loan by June 30, 2022. You must retain at least 20% of the value of the equity in your home (sometimes referred to as a 80% LTV maximum). Adequate property insurance, and possibly flood insurance, is required. 1-4 family, owner-occupied primary residence and second homes only. Subject to credit approval. Current HUECU members with existing Home Equity loans are not eligible for this limited time special. Your savings are federally insured to at least $250,000 and are backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. NMLS ID# 442121. By state law, all applications for loans must be in writing. Other stipulations may apply. All rates and terms are subject to credit approval and may change without notice.