HOME EQUITY LINE OF CREDIT

 

Looking to remodel your house or consolidate debt?  Or perhaps you are ready to finally cross that European vacation off of your bucket list.  Use the equity in your home to achieve your dreams!

​

Whatever your needs may be, EFCU currently offers a variable home equity line of credit (HELOC).

​

CURRENT RATE - 6.75% APR* (Variable)

Current Rate Effective Date: 04/01/2026

 

• Rate is variable and subject to change every April 1st and October 1st in accordance with the WSJ Prime Rate
   

• Floor Rate - 4.00%; Ceiling Rate - 18.00%

​

• 15-year variable rate with 5-year draw period- (borrow as you need it)

​

Call us at 303.428.5080 to apply or apply online through your digital/mobile banking account.

​

*All loans are subject to credit approval. Advertised rates are subject to change without notice. Verification of income may be required. Must be 18 years of age to qualify for a loan.  Membership at Electrical Credit Union is required to participate with a minimum share/savings balance of $25.00. 

APR/Rate (%) =Annual Percentage Rate.

​

Payment Example: $50,000 for 15 years at 7.25% has a monthly payment of $457.