A HELOC (Home Equity Line of Credit) is a flexible loan that uses your home's equity to finance other things. Common reasons members take out HELOCs include home renovations, educational expenses, and debt consolidation. A HELOC with AAC provides you access to various benefits. Funds you can access as often as you wish — for any reason A revolving line of credit Utilize up to 80% of your home's equity less any current mortgage balance 5 year draw period No annual fee or prepayment penalty Low variable interest rates

HELOC

Q: What are the HELOC requirements?

AAC Credit Union may request the following information during the HELOC application process: Income verification Proof of insurance Current mortgage statement (if applicable)

Q: What can HELOC be used for?

Our HELOCs are incredibly flexible! You can use the funds for a variety of things including home repairs, home renovations, educational expenses, debt consolidation, and more!

Q: How much HELOC can I get?

You can utilize up to 80% of your home's equity less any current mortgage balance. Our lenders will help you find how much equity is in your home, how much you can borrow from your equity, monthly payment estimates, and how much you can save by paying off your loan ahead of schedule.

**Flexibility on your terms**

Access your home’s equity as a reusable HELOC — perfect for projects, plans, and everything in between. Rather than receiving a lump sum, you’re approved for a line of credit you can draw from as needed.

Borrow what you need
Repay and borrow again during the draw period
Use funds for multiple projects over time

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Borrow only what you need with revolving access to funds

Competitive variable interest rates

Local decision-making from experienced lenders

Clear and personal guidance from start to finish

A Smart Fit If You’re…

Planning ongoing home improvements
Managing college tuition payments
Consolidating higher-interest debt
Covering unexpected expenses
Wanting flexibility for future needs

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Want More Info?

Let’s make this easy. Complete the short form below and one of our local experts will connect with you soon to talk through your needs and answer your questions. It’s a quick, no-obligation way to see what your home equity could do for you.

Rates

Home Equity Loan Rates

Effective Date: Monday, April 6th, 2026

Term	Rate	Payoff Period
10 Year Fixed	6.74%	120 Months
15 Year Fixed	7.24%	180 Months
20 year Fixed	7.99%	240 Months
HELOC	Prime% Variable	120-180 Months
*Based on 80% of home value.
All rates shown are "As Low As". Individual rates may vary based on credit review and other factors.