Home Equity Line of Credit

Your home is your greatest asset – put it to work for you! Take advantage of the equity in your home with a Home Equity Line of Credit from AmeriCU, now with an introductory rate as low as 1.99% APR* for 6 months! After that, your rate will be 2.75% APR* to 5.75% APR*.

When you choose a Home Equity Line of Credit from AmeriCU, you’ll not only get the money you need at a rate you’ll love, you’ll also get:

  • Interest-only payments for the initial access (draw) period of 10 years
  • Easy access to your funds that can be transferred straight to your checking account
  • A low, variable interest rate tied to the Prime Rate after the first 6 months
  • An additional 15 years to repay after they initial access (draw) period has closed

Don’t wait – take advantage today! Apply for a Home Equity Line of Credit online, by calling our Member Service Center at 800.388.2000, or by visiting our friendly, local staff at one of our conveniently located Financial Centers. 


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*APR = Annual Percentage Rate. Rates and terms are accurate as of September 21, 2020 and are subject to change without notice. The advertised rate is variable and is available on Home Equity Lines of Credit with a loan-to-value ratio, less first mortgage, of no more than 80%. After first 6 months, the APR will be 2.75% to 5.75%, depending on the factors noted below, and will be subject to change thereafter in accordance with the line of credit documents. If the introductory rate were not offered, the initial APR would be 2.75% to 5.75%. Minimum line of credit is $7,500. Rates can increase or decrease, but not fall below 2.75% APR or exceed 15.00% APR. Applications are subject to credit approval. Rates and terms are determined by overall credit history, loan-to-value and term of loan, and are subject to change without notice. If the loan is closed within 3 years, the member must reimburse closing costs incurred by AmeriCU plus any additional fees to satisfy legal requirements. Fees can range from $35 to $1,500. A Home Equity Line of Credit is secured by a lien on real property. Product not eligible for MemberPlus relationship pricing. Equal Housing Lender. Insured by NCUA. Membership restrictions apply.