Benefits of AmeriCU’s Home Loans + Lines of Credit:

  • No closing costs*
  • Great, low rates
  • Quick to close – usually in approximately 2 to 4 weeks
  • Simple, mobile-friendly applications
  • Greater purchasing power
Home Equity Loans + Lines from AmeriCU

Home Equity Line of Credit

This product is a flexible option for a project or series of improvements that don’t have fixed expenses. It offers a low variable interest rate, can be closed in 2 to 3 weeks, and your funds can be easily accessed at any time.

  • No closing costs!**
  • Offers a low fixed introductory rate, and thereafter offers a low variable interest rate
  • Low, variable interest rate tied to the prime rate
  • Interest-only payments for the initial access (draw) period of 10 years
  • Access funds at any time by writing a check, making an online transfer, or phone call.
  • After the draw period of 10 years, then the line of credit is closed and you have an additional 15 years to repay


View Disclosures and Current Rates
Home Equity Loans + Lines from AmeriCU

Home Equity Fixed-Rate Installment Loan

Perfect for any home improvement project, debt consolidation, college expense or vacation, this loan offers a low fixed rate for the life of the loan, and can be closed in 2 to 4 weeks.

  • No closing costs!*
  • Low, fixed interest rate for the term of the loan.
  • Fixed principal and interest payments.
  • Terms up to 20-years
  • Receive your funds in a lump sum after closing
  • Tax deductions may apply. Consult your tax advisor.


View Disclosures and Current Rates
Home Equity Loans + Lines from AmeriCU

Home Equity Plus – lend up to 133% of your home’s current value!***

Designed specifically for home improvement projects only, this loan offers a low fixed rate for a fixed term and can be closed in 2 to 4 weeks.

  • Borrow up to 133% CLTV of the current value of your home
  • No closing costs!***
  • Low, fixed interest rates for the term of the loan.
  • Fixed principal and interest payments.
  • Terms up to 20 years
  • Terms and conditions apply***


  • View Disclosures and Current Rates

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    1st lien- Home Equity Loan
    *APR = Annual Percentage Rate. Loan rates and terms are based on each applicant’s credit history and underwriting guidelines, are subject to change without notice, and may vary from those shown. Applications are subject to credit approval. Rates are based on a combined loan-to-value (CLTV) up to 80%. 1st Lien or Home Equity loans are secured by a loan on property. 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 $234 to $3,700. Equal Housing Lender. Insured by NCUA. Membership restrictions apply.

    2nd lien- Home Equity loan
    *APR = Annual Percentage Rate. Loan rates and terms are based on each applicant’s credit history and underwriting guidelines, are subject to change without notice, and may vary from those shown. Applications are subject to credit approval. Rates are based on a combined loan-to-value (CLTV) up to 100%. 2nd Lien or Home Equity loans are secured by a loan on property. 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 $234 to $3,700. Equal Housing Lender. Insured by NCUA. Membership restrictions apply.

    Home Equity Line of Credit
    **APR = Annual Percentage Rate. Rates and terms are subject to change without notice. Minimum line of credit is $7,500. The introductory rate is available on Home Equity Lines of Credit with a combined loan-to-value ratio, less first mortgage, of no more than 80%. After first 6 months, the variable APR may vary monthly based on the Prime Rate published in the Wall Street Journal and may be subject to change thereafter in accordance with the line of credit documents, not to exceed 15% APR. Applications are subject to credit approval. Rates and terms are determined by overall credit history, combined loan-to-value and term of loan, and are subject to change without notice. Up to 100% CLTV: The advertised rate is available on Home Equity Lines of Credit with a combined loan-to-value ratio, less first mortgage, of no more than 100%. The variable rate APR would be equal to the Prime Rate, and may increase or decrease but not to exceed 15.00% APR. 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 $234 to $3,700. A Home Equity Line of Credit is secured by a lien on real property. Property insurance is required to open a Home Equity Line of Credit. Equal Housing Lender. Insured by NCUA. Membership restrictions apply.

    Home Equity Plus loan – 2nd lien
    ***APR = Annual Percentage Rate. Loan rates and terms are based on each applicant’s credit history and underwriting guidelines, are subject to change without notice, and may vary from those shown. Applications are subject to credit approval. Rates are based on a combined loan-to-value (CLTV) up to 133%. A typical Home Equity Plus Loan of $10,000 at 7.74% APR would have 60 monthly payments of $201.52 each month, with total repayment of $12,091.03. 2nd Lien or Home Equity loans are secured by a loan on property. 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 $234 to $3,700. Cannot be combined with certain types of active AmeriCU home equity or home improvement loans – call 800.388.2000 for details. Equal Housing Lender. Insured by NCUA. Membership eligibility is required.