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 six locations.
- Introductory rate of 1.99% APR** 1st 3 months
- Non-Introductory Rate is 3.50% APR
- Rates as low as 3.50% APR*
- Five-year draw period
- Variable interest rate adjusts quarterly (based on prime rate)
*APR = Annual Percentage rate. Advertised rate is current as of 10/1/20. Actual rate is based on applicant’s credit score, term of loan, and Loan to Value. **Introductory rate of 1.99% APR for three months then Prime -0.50% (currently 3.25% APR). The current non introductory variable rate is as low as 3.50% 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. Loan is subject to credit approval. Rates and terms subject to change. Credit Union membership required. Borrow at a fixed 1.99% APR for 3 months; estimated monthly payments of $125.00 per $10,000 borrowed. Payments are based on 1.25% of the principal balance as of the 30th of the month. Rates become variable after the initial 3 month term and adjust quarterly for the first 5 years and then annually thereafter. 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 3.50% 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 $3050. Homeowners insurance required. Offer valid only for residential properties located in Minnesota and Piece, Polk, St. Croix, Burnett, Washburn, Douglas, Bayfield, Barron and Ashland Counties of Wisconsin.