Home Equity interest
payments are generally
tax deductible. Consult your
tax advisor to find out if this
the case for you.

Home Equity Loan

  • Borrow up to 85% of the equity you have in your home
  • Fixed rate and closed-end term gives you the same payment over the life of the loan
  • Allows you to use equity, or value in your home as collateral
  • Great for debt consolidation
  • Rates are typically lower than other credit cards or personal loans, which could mean lower monthly payments
  • Perfect for home improvements or remodels
  • Can also be used for a new vehicle or other large purchases
  • Interest payments may even be tax deductible (see your tax representative)
  • Terms available up to 20 years

Apply for a Loan

* Home equity loans and lines of credit require an appraisal. Terms and rate contingent upon home’s appraised value. We will loan up to 85% loan to value (CLTV). No down payment required. Equity determined by the amount your home is worth minus the amount owed on the property. Example: home worth $100,000 multiply by 85% loan to value equal $85,000 minus $40,000 owed, equals $45,000 equity available. Property insurance is required. The Home Equity Loan is a fixed rate and closed-end term with no annual fee. Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan. Up to 20 years terms for home equity loans and lines of credit.  Payment example: a 240 month loan at 8.50% APR would have monthly payments of $8.69 per $1,000 borrowed.

Arrowhead Credit Union © 2015 | P.O. Box 735 San Bernardino, CA 92402
Equal Housing Lender National Credit Union Administration
Federally insured by the National Credit Union Administration.
We do business in accordance with the Fair Housing Law.