Home Equity Line of Credit
Our Home Equity Line of Credit (HELOC) is there when you need it. Easily access your funds through AHCUdigital including the Mobile App, through Phone Branch or at one of our five open locations.
- Introductory rate of 3.99% APR** (1st 12 months)
- Non-Introductory Rate is 7.75% APR
- Rates as low as 7.75% APR*
- Ten year draw period***
- Variable interest rate adjusts quarterly (based on Prime rate)
*APR = Annual Percentage rate. Advertised rate is current as of 6/1/2023. Actual rate is based on applicant’s credit score, term of loan, and Loan to Value. **Introductory rate of 3.99% APR for twelve months then Prime -0.50% (currently 8.25% APR). The current non introductory variable rate is as low as 7.75% APR and is based on applicant's credit score and loan to value. Loan is subject to credit approval. Offer limited to 80% Loan to Value or less. Rates and terms subject to change. Credit Union membership required. Minimum first advance required $5,000, minimum additional advances $500. Borrow at a fixed 3.99% APR for 12 months; estimated monthly payments of $125.00 per $10,000 borrowed. ***10 year draw period followed by a 5 year repayment period. Payments are based on 1.25% of the principal balance as of the 30th of the month. Rates become variable after the initial 12-month term and adjust quarterly. Payments adjust monthly for the first 10 years, then annually, thereafter. During repayment, the payment will be calculated annually on the current rate, balance owned and maturity date. Rates based on Prime plus or minus a margin. Finance charges begin to accrue on the day an advance is made on the line. No annual fee. Minimum non introductory rate 7.75% APR; maximum rate 18.00% APR. Minimum loan amount $10,000; maximum loan amount $500,000. Borrower pays all applicable closing costs and range $350 to $5,100. Homeowners insurance required. Offer valid only for residential properties located in Minnesota and Pierce, Polk, St. Croix, Burnett, Washburn, Douglas, Bayfield, Barron and Ashland Counties of Wisconsin.