An HRCU Home Equity Line of Credit or Fixed Rate, is a great way to use the equity in your home to make home improvements, pay for college or medical expenses or take that much needed vacation.

  • Home Equity Line of Credit

    Unlock the cash in your home with an HRCU Home Equity Line of Credit. Upon approval, you can use funds whenever amd wherever you choose without having to complete additional applications.

    • Loan amounts from $20,000
    • Borrow up to 100% of the value of your home less any mortgage balances
    • Rates based on Prime
    • Interest may be tax-deductible (consult your tax advisor for details)
    • Credit life and disability insurance is available to qualified members
    • No closing costs
    • Rates & terms are subject to credit approval

    Apply NowView Rates

  • Fixed Rate

    Tap into the borrowing power of your home with HRCU’s Fixed Rate Home Equity or Home Improvement loan. Borrow up to 100% of the value of your home (less any mortgage balances) at a low fixed rate with terms of five, seven, 10 and 15 years.

    • Loan amounts from $5,000
    • Borrow up to 100% of the value of your home less any mortgage balances
    • Rate remains constant for loan term
    • No closing costs
    • Interest may be tax-deductible (consult your tax advisor for details)
    • Credit life and disability insurance is available
    • Rates & terms are subject to credit approval

    Apply NowView Rates


Compare Home Equity Loans

Below is a layout comparing the features of both types of loans for your convenience.

FeaturesHome Equity Line of CreditHome Equity Fixed Rate
Credit line you can draw on for up to 10 years
Yes
 
One sum paid out all at once 
Yes
Fixed Rate 
Yes
Variable Rate
Yes
 
Borrow up to 100% of the equity in your home
Yes
Yes
Credit life and disability available
Yes
Yes
Interest may be tax deductible
Yes
Yes
Which to choose?
One time large purchase such as a swimming pool or new appliances. 
Yes
Long term expenses such as college tuition or an extensive remodeling project
Yes
 
You don't want to make impulse purchases 
Yes
If you see that 55 Tbird you want to be able to spring
Yes