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Home Equity & Lines of Credit

Home Equity Loan & HELOC (Home Equity Line of Credit) 

Turn the Value You've Built into What's Next

Limited-Time Offer

We’ll pay up to $750 in closing costs*
That means more of your equity stays working for you.


Leverage the equity you've built within your home to make those larger expenses in life more affordable with a Home Equity Loan or Home Equity Line of Credit.

You’ve invested in your home—now let it work for you.

Whether you’re renovating, consolidating debt, covering education costs, or tackling a major expense, a Home Equity Loan or Home Equity Line of Credit (HELOC) can help make it possible, often at a lower rate than other borrowing options.

Both options are secured by the equity in your home, but how you access the funds depends on what you’re planning.

 

Home Equity Loan vs. HELOC: What’s the Difference?

Home Equity Loan

Best when you need a one-time lump sum for a specific project.

  • Receive funds all at once
  • Fixed payment over a set term
  • Predictable monthly payments

HELOC

Ideal for ongoing or flexible expenses.

  • Access funds as needed, up to a set limit
  • Borrow only what you use
  • Draw during the initial period, then repay over time

Not sure which fits your plans? We’re happy to walk through your options.

 

Home Equity Line of Credit (HELOC)

  • Up to 20-year term
    • (5-year draw period + 15-year repayment period)
  • Borrow up to 90% Loan-to-Value (LTV)
  • Loan amounts from $10,000 to $100,000
  • No minimum balance required
  • Free online pre-approval
  • Local decisions and personalized service

 

Apply Now   View Rates

 

Home Equity Loan (Second Mortgage)

  • Fixed terms from 5 to 15 years
  • Borrow up to 80% Loan-to-Value (LTV)
  • Free online pre-approval
  • Local decisions and personalized service

Apply Now   View Rates

Terms based on creditworthiness. Contact the Credit Union for full details.

 

Protect Your Loan with Debt Protection

Life can change unexpectedly. Debt Protection can help safeguard your family by canceling loan balances or monthly payments in the event of death, disability, or involuntary unemployment, without penalties or added interest.

Already have an Advanz loan? Contact us to see if Debt Protection can be added.

 

 

NMLS #429924.

*Credit Union to pay for closing costs up to $750. Member remains responsible for document preparation, title, recording, and all other applicable fees. All loans are subject to approval. Maximum LTV of 80%. The amount that the credit union will finance depends on credit score and the amount of equity available. Rates, terms, and conditions are subject to change and may vary based on qualifications, including creditworthiness. NMLS #429924. Promotion available to qualified applications received by 12:59 pm EST on May 31, 2026. Advanz Credit Union is Federally Insured by the National Credit Union Administration. Equal Housing Lender.