Home Equity

Upgrade your home.
Or your life.

Do something big with the equity in your home.

Got plans?

We’ll help you get started. With our home equity financing options, you can unlock the value in your home to access affordable funds for home improvements, big purchases, and so much more.

Redo your kitchen or bath

Take a vacation

Build an addition

Make energy-efficient upgrades

Pay tuition

Consolidate debt, and more

You’ve got options.

Save upfront with a low fixed rate for 12 months.

Need to pay for multiple expenses over time? This special line of credit can help lower your payments early on with a special introductory rate.

Overview

  • Low 2.49% fixed introductory APR for the first year*
  • After the introductory period, the rate will adjust to prime minus 0.25%; currently Prime is 3.25% APR*
  • No closing costs or application fees
  • Minimum loan amount is $1,000
  • Borrow up to 90% of the equity in your home
  • Only pay interest on what you borrow

Get started today.

Apply Now

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Cash when you need it, affordably.

Enjoy a great rate and more purchasing power with this flexible line of credit. Borrow funds as needed, up to your approved limit, at any time during your draw period.

Overview

  • No closing costs
  • No application fees
  • Borrow up to 90% of the equity in your home
  • Only pay interest on what you borrow

Get started today.

Apply Now

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The funds you need, all at once.

Keep it simple by borrowing a set dollar amount and making fixed monthly payments. Choose a term that works for you and enjoy a great low rate.

Overview

  • Available in terms of five, 10, 15, or 20 years
  • No closing costs or application fees
  • Borrow up to 95% of the equity in your home
  • Predictable monthly payments for the life of the loan

Get started today.

Apply Now

View Rates

*APR is Annual Percentage Rate. After the introductory period, the Annual Percentage Rate (APR) may vary monthly and will be based on the Prime Rate as listed in The Wall Street Journal (Prime) plus a margin. After the introductory period the rate will be set at Prime minus 0.25%; maximum APR will not exceed 18.00% or be less than 3.25%. A minimum initial draw of $25,000 is required for 120 days. All subsequent draws will be set at $500 or more. APR indicated requires automatic payment from an Alltrust Credit Union checking account. $50 Annual Fee. 1-4 family primary residence only. Maximum combined Loan-to-value 80%. First lien position home equity not permitted. Purchase transaction requires an Alltrust Credit Union first lien position mortgage. Real Estate Taxes and Property Insurance is Required. Flood insurance where required by law. Subject to credit approval. Other terms and conditions apply. Terms subject to change without notice.

**Annual Percentage Rate (APR) will vary monthly if the Prime Rate changes but will not exceed 18.00% or be less than 3.25%. Current Prime Rate available on the Wall Street Journal. Real Estate Taxes and Property insurance is required. Flood insurance where required by law. 1-4 family primary residence, second home, or investment occupancy available. Loan-to-value of 80-90% requires Alltrust Credit Union in first position. Consult your tax advisor regarding the deductibility of interest. FEES AND CHARGES: To open and maintain a line of credit, the following fees apply: Application fee: $0.00 (due at application); Points 0.00% of credit limit (due when account is opened). Fees charged to the customer will apply under the following circumstances: Annual Maintenance Fee of $50.00; Early Termination Fee of $500 or 2.00% of the line, whichever is less, if the line is closed within 3 years from the note date; Third party fees for Power of Attorney, Revocable Trust, or other legal documents must be paid by the member. Fees generally total between $0.00 and $500.00. First lien position home equity not permitted. Purchase transaction requires an Alltrust Credit Union first lien position mortgage. Subject to credit approval. Other terms and conditions apply. Terms subject to change without notice.

***Minimum loan amount $10,000, maximum loan amount $500,000. 1-4 family primary residence, second home, or investment occupancy available. Loan-to-value of 80-95% require Alltrust Credit Union in first position. Loan to Value 90-95% 1-2 unit owner occupied purchase only. The following fees apply: Application fee: $0; Points 0.00%. Third-party fees may apply: Power of Attorney, Revocable Trust Agreement or other legal documents will be required to be reviewed by the Credit Union’s Attorney and recorded as part of the closing. You will pay all fees related to this review and recording. These fees generally total between $0 and $500. Payment does not include taxes and insurance premiums therefore payment obligation will be greater. Real Estate Taxes and Property insurance is required. Flood insurance where required by law. Borrower responsible for real estate taxes and property insurance. Please contact Tax Advisor for possible tax deductions. First lien position home equity not permitted. Purchase transaction requires an Alltrust Credit Union first lien position mortgage. Subject to credit approval. Other terms and conditions apply. Terms subject to change without notice.

Let’s put your plans in motion.

Apply today or connect with our mortgage team to learn more.

More for your money.