Whether it's a planned purchase, unexpected expense, or way to consolidate debt, a Home Equity Line Of Credit (HELOC) gives you quick access to the money you need now!
See how much equity you may have in your home and explore your potential borrowing options. Enter a few details to get an estimate based on your home's value and existing mortgage balance.
Access your home's equity without changing your existing mortgage. A fixed-rate second mortgage provides a lump sum with a fixed interest rate, making it an option for larger expenses like home renovations, major purchases, or other planned costs.
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A HELOC includes a 10-year advance period followed by a 10-year repayment period, during which you pay down both principal and interest. Extra payments during the advance period can reduce your balance faster. Compare Personal Loans if a fixed repayment schedule fits your budget better.
Monthly HELOC payments during the advance period equal the greater of $50 or accrued finance charges, then shift to principal-and-interest payments during the 10-year repayment period. Your specific payment depends on your balance and rate. Compare Home Loans for other AACU financing options.
A promotional HELOC rate requires opening a Cash Rewards or Cash Back Rewards Checking account with a qualifying recurring direct deposit. Without that account, the standard variable rate applies instead. Compare Cash Rewards Checking to see if you qualify for the promotional rate.
Find an AACU branch, shared branch location, or one of thousands of surcharge-free ATMs across the U.S. and Canada.
Have questions about using your home's equity? Connect with an Mortgage Loan Officer to discuss your options and get guidance on your next steps.
Compare current mortgage rates, including home equity lines of credit (HELOCs), fixed-rate mortgages, and refinancing options.
Explore AACU home loan options, from home equity loans and HELOCs to mortgages for buying or refinancing a home.
*APR=Annual Percentage Rate is effective 10/27/2026 and includes origination fees based on product type. Rates are subject to change.
1 To qualify for the promotional rate, you must open a Cash Rewards Checking account or a Cash Back Rewards Checking account and establish a qualifying recurring direct deposit; examples of qualifying direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, Zelle® transactions, ATM, or the AACU mobile app are ineligible direct deposits. HELOC Promotional rate is a temporary fixed-rate and applies only if a minimum $10,000 Home Equity Line of Credit advance is completed at time of loan closing. Promotional rate will apply to future advances from the date of closing until 12 months thereafter. After 12 months from the date of loan closing the promotional rate will revert to the applicable rate as stated in the Home Equity Line of Credit Agreement. This promotional offer is available to new HELOCs or existing HELOCs that were originated more than twelve (12) months prior to the application date. Existing HELOCs originated within the past 12 months are not eligible. Rates may vary after account is opened. Rates are adjusted on the first day of the month following a change in the Prime Rate, as published in the Wall Street Journal. The Prime Rate in effect on 12/10/2025, is 6.75%. Offer subject to change at any time without notice.
2 APR=Annual Percentage Rate. APR is determined by adding a Margin to the Index. The Index is the Prime Rate as published in the “Money Rates” table in The Wall Street Journal. The Margin is calculated based on individual credit history and loan-to-value ratio. Rates subject to change without notice. Rates may vary after account is opened. Rates are adjusted on the first day of the month following a change in the Prime Rate, as published in the Wall Street Journal. The Prime Rate in effect on 09/16/2026, is 7.00%. At no time, will the rate exceed 17.99% APR. Minimum loan amount is $10,000. Maximum loan amount is $250,000. During the Advance Period, the minimum monthly payment is the greater of $50.00 or the finance charges that have accrued during the billing cycle. During the Repayment Period, the minimum monthly payment is the greater of $50.00 or the minimum monthly principal and interest payment due based on a 120 month amortization schedule calculated by the outstanding balance at the end of the Advance Period, plus finance charges that have accrued on the outstanding balance during the billing cycle. There is no limit on the amount by which the rate can change during any one-year period aside from the rate cap of 17.99%. Floor rate 3.5%. The maximum APR of 17.99% could be reached the first month of the draw period. Closing cost range is $400-$2,000. Late fees may apply. For current index value, margins, and APR, call 800.223.1983. Restrictions and requirements may apply. Ask a mortgage loan officer for details. Membership requirements apply. Equal Housing Lender. Please Note: Colorado Properties Only
Air Academy Federal Credit Union: NMLS# 454287