Unlock your home’s potential with a Home Equity Loan or Home Equity Line of Credit from APCI Federal Credit Union.
Not sure which option is best for you?
Compare the Features
|Features||Home Equity Loan1||Home Equity Line of Credit1|
|Variable Interest Rate|
|Revolving line of credit|
|Fixed interest rate and payment|
|One-time fund disbursement|
|Draw funds as needed|
|Pay interest only on amount advanced|
|Borrow up to 85% of your home's value2|
|Borrow up to 80% of your home's value|
|No fees, points, or closing costs3|
1 Please review our list of eligible states for Real Estate Secured Loan products. This loan can only be secured by your primary residence or second home. APCI FCU does not offer financing on land loans, investment properties, manufactured homes, mobile homes, multi-family homes, homes located in a commercial zoned area, or homes deeded under a Trust Agreement. If the Home Equity Loan does not close and disburse within 90 calendar days from the date on your loan estimate, the loan request will be considered closed and you will need to reapply.
2 Borrow up to 90% on 5-year maximum term.
3 There are no fees associated with this loan product; however, appraisal fees in excess of $500 and recording fees in excess of $200 will be the responsibility of the borrower. Appraisal fees are generally less than $500. States with high recording fees include, but are not limited to: NY, MD, KS, FL, VA, GA, and the Parish of Orleans in LA. Recording fees in most states are under $200. If the property is located in TX, a processing fee of $300 will be required. An attorney is required to be involved in all Real Estate Loan closings in the following states: DE, GA, MA, SC, and WV. Please contact the Credit Union for more information.Go to main navigation