Home Equity Programs
Have rates dropped since you purchased your home, or do you have a need to utilize the equity you’ve accumulated? Home equity loans and lines of credit allow you to access the equity in your home and receive a possible tax break.* Find a full array of financing options available with ACU.
-
Home Equity Loan
-
Borrow one lump sum from the equity in your home with fixed payments and rates for the term of the loan
- Best if you: Know exactly how much money you need to borrow and want a consistent rate and payment
- Rate Type: Fixed
- Terms: 5 to 15 years
- Access to Funds: Disbursed in a lump sum at closing
- Borrowing Limits: Up to 90% of your home’s value for owner occupied
- Fees:
- Appraisal – May be ordered if requested by borrower. Appraisal cost ($775-$1,000) will be paid by borrower.
- Processing Fee – A $500 processing fee may be applied to loans with a combined Loan to Value (LTV) greater than 80%.
-
Home Equity Line of Credit (HELOC)
-
Use the equity in your home to provide credit when you need it.
- Borrow and pay back money as you need it
- Best if you: Don’t know how much you need and want flexibility in your borrowing amount
- Rate Type: Variable
- Terms: 10-year draw period with a 10-year repayment
- Payment Amount: 1% of the outstanding balance at the end of the month
- Access to Funds: Branch, transfer, online banking, cashier’s checks
- Borrowing Limits: Up to 90% of your home’s value for owner occupied
- Fees:
- Appraisal – May be ordered if requested by borrower. Appraisal cost ($775-$1,000) will be paid by borrower.
- Processing Fee – A $500 processing fee may be applied to loans with a combined Loan to Value (LTV) greater than 80%.
Apply for a Home Equity loan online or contact our Mortgage Experts today to learn more:
1495 Wilmington Drive, Suite 180
DuPont, WA 98327
Phone: 253-591-6871
HELOC:
HELOC financing is subject to ACU membership, credit approval, property eligibility, and underwriting criteria. Not all applicants will qualify. Available for eligible one- to four-family properties located in Washington, Oregon, or Idaho. Your home secures the line, and property insurance is required; flood insurance may also be required. ACU generally pays standard closing costs at origination, but those costs must be reimbursed if the HELOC is closed within 36 months. Certain third-party fees and lien-release fees may apply.
Variable Annual Percentage Rate (APR) based on Prime plus a margin; current APRs range from 5.75% to 7.75% as of 12/11/2025 and are subject to change. Maximum APR 18%. Minimum monthly payment during the 20 year total loan period (first 10 years as a draw period) is 1.00% of the end-of-month outstanding balance or $100.00, whichever is greater.
Loan programs, terms, and conditions are subject to change without notice. Consult a tax advisor regarding the deductibility of interest and charges.
Home Equity Loan:
Home Equity Loan financing is subject to ACU membership, credit approval, property eligibility, and underwriting criteria. Not all applicants will qualify. Available for eligible one- to four-family properties located in Washington, Oregon, or Idaho. Your home secures the loan, and property insurance is required; flood insurance may also be required. ACU generally pays standard closing costs at origination, but those costs must be reimbursed if the loan is paid off and closed within 36 months. Certain third-party fees and lien-release fees may apply.
Fixed-rate, fixed-payment terms from 5 to 15 years are available. Current Annual Percentage Rates (APRs) range from 6.50% to 8.50% as of 12/11/2025 and are subject to change. Example payment for a $50,000 fixed rate Home Equity Loan for 15 years at 8.50% APR is $492.66 per month.
Loan programs, rates, terms, and conditions are subject to change without notice. Consult a tax advisor regarding the deductibility of interest and charges.