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Home Equity Line of Credit

Open the Door to More

At Alabama Credit Union, we are your best HELOC lenders!

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Local HELOC Lenders

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Feel good about your money

Choose the local HELOC lenders who help you feel good about your home renovations with great HELOC rates on our fast, easy, flexible home equity line of credit!

For homeowners, life brings challenges and opportunities. Meeting them head-on means having easy access to the right cash when needed. That job is for a home equity line of credit from Alabama Credit Union! With this homeowner line of credit, you can easily access all the cash you need to take on whatever life brings, like home improvements and repairs or debt consolidation. A HELOC from Alabama Credit Union is a homeowner line of credit that uses your home as collateral to provide an incredibly cost-effective way to access extra cash. Because it is a mortgage equity line of credit instead of a home equity loan, you get a stash of money that is ready and waiting for you when you need it, and you only finance what you need.

  • Access to up to 90% of the value of your home (less any outstanding mortgage)
  • Fast – with approvals in as little as 24 hours!
  • Competitive HELOC rates
  • Flexible repayment options
  • No annual fee
  • No closing cost options*
  • Draw period up to 15 years
  • Easily accessible through digital banking
How to use a HELOC

The affordable way to finance various expenses and goals.

Home improvements and repairs

Ideas for Use #1 Home Equity Line of Credit

Debt consolidation for high-interest loans and credit cards

Ideas for Use #2 Home Equity Line of Credit

 Large purchases, such as furniture and appliances

Ideas for Use #3 Home Equity Line of Credit

Weddings and other special events

Ideas for Use #4 Home Equity Line of Credit

Education and medical costs

Ideas for Use #5 Home Equity Line of Credit

Travel and more

Ideas for Use #6 Home Equity Line of Credit

Best HELOC Lenders

As local lenders based in your community, the home equity LOC specialists at Alabama Credit Union strive to be your best HELOC lenders. We promise to earn your smile and have your back every step of the way. Unlike some home equity credit lenders, we are here to provide you with the personal guidance and advice you deserve. Plus, because we make our HELOC lending decisions locally, we provide fast decisions – in as little as 24 hours!

Get started toward your goals of completing home improvements and more today.

Apply Now

Start your HELOC application now!

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*Maximum closing costs to be paid by Alabama Credit Union may be at most $1,100.00; if closing costs exceed $1,100.00, borrower is required to pay those closing costs in excess of $1,100.00 prior to or at time of closing. No closing cost will be charged if loan balance remains above $5,000 for at least 24 months after closing; if loan balance falls below $5,000 within 24 months of closing, closing costs paid by Alabama Credit Union will be charged to borrower(s). Federally Insured by NCUA