Lock in a stable interest rate for the life of the loan with flexible terms from 10 to 30 years. It’s a predictable, steady payment plan that helps you budget easily.
REFINANCE OR SECOND MORTGAGE
Tap into your home’s equity with a fixed-rate second mortgage. We’ve got you covered whether you need cash for renovations, debt consolidation, or life’s big expenses.
ADJUSTABLE-RATE MORTGAGES (ARM)
Enjoy lower initial payments with a fixed rate for 3, 5, 7, or 10 years, followed by a competitively low adjustable rate. This option is ideal for those seeking early savings and flexibility.
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!
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
Local HELOC Lending Made Simple
Alabama Credit Union offers flexible HELOC options with personalized local support and fast decisions—so you can confidently use your home’s equity for what matters most.
*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
