Home Equity Loans + Lines

Tap Into Your Home’s Equity

With home values on the rise and loan rates at historic lows, now’s the perfect time to use the equity in your home to start those special projects on your wish list. AmeriCU has just the right loan to suit every project and budget. See below for our current loan offerings or make an appointment with one of our home loan experts.

Which loan should I choose?

Not sure what you need? Read on to see what the right choice is for you.

Home Equity Installment Loan

  • Low, fixed interest rate for the term of the loan. Your principal and interest payment remains the same
  • Terms up to 30 years
  • Receive proceeds in a lump sum after closing
  • Fast processing time – loans typically close in about 30 days
  • Tax deductions may apply. Consult your tax advisor.

View current Home Equity Loan rates.

Apply for a home equity installment loan.

Home Equity Line of Credit

  • Low, variable interest rate tied to the prime rate
  • Interest-only payments for the initial access (draw) period of 10 years
  • Access funds (draw) at any time as you see fit by writing a check, making an online transfer, or phone call – easily transfer funds you need to your checking account
  • After the access (draw) period of 10 years, then the line of credit is closed and you have an additional 15 years to repay
  • Life and Disability Insurance is available to protect you and your family in case of injury, sickness or death

View current Home Equity Line of Credit rates.

Apply for a Home Equity Line of Credit.

Home Renovation Loan

  • Designed for home improvement projects between $10,000 and $75,000 in cost
  • Proceeds received in lump sum after closing
  • Low, fixed interest rate for the term of the loan. Your principal and interest payment remains the same
  • Terms up to 20 years
  • Faster loan processing – get started on your project sooner!

View current Home Renovation Loan rates.

Apply for a Home Renovation Loan.

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Whether it’s your house, apartment, car, boat, or trailer, you want to be confident it’s protected in the event of an unforeseen circumstance. Get the right insurance at the right price and protect yourself today. Learn more about personal insurance.

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You face important financial decisions every day. Give yourself the tools you need to be prepared! Learn more about financial wellness.

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Questions? Contact Us!

Our Member Service Center is available at 1.800.388.2000 – 24 hours a day, 7 days a week – to help you with whatever you need. Or visit our Contact page.