Do you want to remodel your home or consolidate some bills? A home equity loan may be the option for you. A home equity loan provides you with cash by leveraging the equity in your home: the value of your home minus any mortgage debt.
At Army Aviation Center Federal Credit Union, home equity loans* feature fixed rates up to 15 years and you can borrow up to 100% of the value of the home, less any existing mortgages. You may even qualify for a tax deduction for your interest payments to help your money go further (Check with your tax advisor for details). For additional mortgage information, please visit our online Mortgage Center.
With a home equity line of credit you can borrow money by leveraging the equity in your home but have a line of credit when you need it. You only pay for what you use and can make draws on your line of credit at any time through online banking. For additional information on a home equity line of credit, please visit our online Mortgage Center.
Need to make a loan payment now before it’s late? Need to use a checking account, credit or debit card from another financial institution to make the payment? Learn more about our SNAP loan payment service.
*Products not available in all locations. All loans are subject to credit approval, verification and collateral evaluation.