Home Equity

Home Equity Home Depot 2021

Home Equity Loans & Line of Credit

Let your home do the work for a changeHome Equity

The equity in your home can help you pay a lower interest rate for your projects and expenses. Choose a home equity loan for a lump-sum payment or a home equity line of credit to take out money as you need it.

A home equity loan or line of credit can help you finance current or upcoming expenses, such as home projects, debt consolidation, education expenses, medical costs and new car financing.

Home Equity Line of Credit (HELOC)


Low rates, no closing costs*, no annual fee and no application fee*.  With this loan, you can borrow up to 85% of your home's value. Credit limits from $5,000 to a generous $500,000 so you'll have the resources you need, when you need them. Advantages include:

  • Low variable interest rates
  • No application fees 
  • No closing costs for loans of $25,000 or more
  • Owner-occupied residences in Illinois, Indiana, Wisconsin or Missouri

APPLY NOW

 

85% Home Equity Loan


As the value of your home increases so does your borrowing power. Finance home improvements, buy a new car, consolidate debt or student loans, pay tuition bills or enjoy a dream vacation.

  • 5, 10 and 15 year terms
  • Borrow from $5,000 up to $500,000 with a fixed rate
  • No application fees
  • No closing costs on loans of $25,000 or more
  • Owner-occupied residences in Illinois, Indiana, Wisconsin or Missouri

APPLY NOW

100% Home Equity Loan


Borrow up to the full value of your home, less what you currently owe.

  • 5, 7 and 10 year terms
  • Loan amounts from $5,000 up to $40,000
  • Borrow up to 100% of your home's value, less mortgage debt
  • Owner-occupied residences in Illinois, Indiana, Wisconsin or Missouri

APPLY NOW


*APR = Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral. Property insurance is required. Home Equity Loans and Home Equity Lines of Credit, must be secured by owner occupied real estate, in IL, IN, MO and WI. Minimum $5,000 to open a Home Equity Loan or Line of Credit. Minimum Loan/Line amount of $25,000 in new money to avoid closing costs. If you should close your Home Equity Line of credit within 24 months, you must reimburse HACU for bona-fide third party fees up to $900. For loan/line amounts of less than $25,000 you will pay processing costs up $900. Refer to hacu.org or call our loan department for additional information. Additional disclosures will be sent after application is received, please retain a copy for your records.
1Offer valid on Home Equity Loans and Home Equity Lines of Credit (HELOC) applications submitted September 1, 2021 through October 31, 2021. Minimum loan amount of $25,000 required for fixed rate Home Equity loans & HELOCs. Fixed Rate Home Equity Loans $25,000 to $49,999 will receive a $200 Home Depot Gift Card. Home Equity Lines of Credit of $25,000 to $49,999 with an initial draw of $25,000 at time of loan opening, will receive a $200 Home Depot Gift Card. Fixed Rate Home Equity Loans of $50,000 and more will receive a $400 Home Depot Gift Card. Home Equity Lines of Credit $50,000 and more with an initial draw of $50,000 at the time of loan opening, will receive a $400 Home Depot Gift Card. Offer is valid for a limited time as Home Depot gift card supplies are limited. For fixed-rate Home Equity Loans, gift card will be distributed within 30 days of loan closing. For HELOCs, gift card will be distributed within 30 days of initial draw. Offer not valid on existing HealthCare Associates Credit Union (HACU) Home Equity loans. HACU is not affiliated with The Home Depot®. The Home Depot® is not a sponsor of this promotion. The Home Depot is a registered trademark of Home Depot Product Authority, LLC. All right reserved. Contact HACU for complete details.
 
HOME EQUITY
*% as low as based on prime
APR 3.75%*
View all loan rates

ATM & Branch Locator

Find a Branch or ATM Near You.
Find a Branch or ATM near You with the following search criteria: