Rates current as of October1, 2026
A home equity line of credit or HELOC is a revolving credit line secured by the equity in your home.
Depending on the amount of your loan, take up to 20 years to repay the loan. During the draw period of 10 years, you choose when and how much to draw. As the balance is paid back it can be borrowed from again and again.
Looking for more information? Check out What You Should Know About Home Equity Lines Of Credit >
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Home Equity Line of Credit
| Loan-to-Value | APR* | Min. Amount | Term |
|---|---|---|---|
| 75% | 4.99% Intro Rate for the First 6 Months** | $20,000 | Revolving, up to 20 yrs. |
| 75% | 7.00% | $20,000 | Revolving, up to 20 yrs. |
*APR = Annual Percentage Rate. Home Equity Lines of Credit: Current variable APR ranges from 4.50% (floor) to 18.00% (ceiling). You may take credit advances for up to 10 years (the draw period), with monthly payments due. Your minimum monthly payment will equal all accrued but unpaid finance charges plus $100 toward principal.
After the draw period, no further advances are allowed and you must repay the outstanding balance (the repayment period). The repayment period length depends on the timing and amount of your final advance, not to exceed 20 years. During this period, the minimum payment on variable-rate balances will be the amount needed to fully amortize your remaining balance by the agreement’s maturity date.
A $99 annual fee applies. Loan amounts range from $20,000 to $300,000, with a maximum 75% loan-to-value. Offer available to Arizona residents for single-family, owner-occupied primary residences only; condos, land, and mobile homes are excluded. Homes with negative amortization or interest-only first mortgages are not eligible. Property insurance is required and not included in closing costs.
Closing costs may include property evaluation, flood certification, ownership and encumbrance search, and recording fees. First Credit Union will pay these closing costs; however, members must reimburse them if the loan is closed within the first 36 months. First Credit Union membership is required.
**Home Equity Line of Credit (HELOC) promotion offers an introductory APR of 4.99% for the first six months, then APR becomes variable based on the prevailing Prime Rate as published in the Wall Street Journal plus a margin. As of 9/19/25, that index was 7.25%; resulting APR with a 0.50% margin is 7.75%. Loans are subject to approval and underwriting. Limited-time offer. Subject to change. Excludes existing First Credit Union HELOCs.
Secure and Fair Enforcement for Mortgage Lending Act of 2008 or the “SAFE Act”
APR = Annual Percentage Rate. Quoted rates reflect the lowest rate available. Best Rate may vary based on personal credit history, value of collateral, loan to value (LTV), terms, and other factors. First Credit Union provides details upon completion of a loan application. Rates are subject to change without notice. Must be primary residence. Property insurance required. Payments do not include applicable taxes and insurance. First Credit Union membership is required. Closing costs – Closing costs include property evaluation, flood certification, property ownership and encumbrances search, and recording costs. First Credit Union will pay closing costs associated with a home equity loan. Member is responsible to reimburse closing costs associated with their loan if it is closed within the first 36 months.
NMLS #790286 | On July 28, 2010 the National Credit Union Association (NCUA) and other Federal Agencies published a final rule to implement the federal registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The registration requirements apply to all employees acting in the capacity of a Mortgage Loan Originator (MLO). The S.A.F.E. Act requires all MLO’s to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Once registered, each MLO is provided a Unique Identifier from the NMLS. An MLO must provide this Unique Identifier to each mortgage loan applicant upon request and prior to the employee acting as an MLO.
For more information about the registry, please visit the NMLS.
