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Home Equity Loans & Lines of Credit

Put your home’s value to work.

By borrowing against your home equity, you can pay for virtually anything, including home improvements, college tuition, debt consolidation or emergency expenses. Apply today!

  Equity Advantage Line of Credit Equity One Fixed Second Mortgage

APR* As Low As

8.00% (Variable) 7.25% (Fixed)


10 year draw/payment period with an additional 20 year repayment period Terms available from 5 to 20 years

Loan-To-Value (LTV) Available

80%, 90% and 100% LTV 80%, 90% and 100% LTV available

Maximum Loan Amount

$450,000 $450,000

Closing Costs

Waived** Waived


For members in AL, CA,IN, OH, SC & NC For members in AL, CA, GA, IN, NC, OH & SC

Payment Options

Interest-only payments available ------

Refinance Options

Members with an existing Equity Reserve LOC can refinance for an Equity Advantage LOC ------

* APR = Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. 

** Closing cost fees deferred with funding of the loan. If the home equity loan or line of credit is closed within the first 24 months of initial funding, the actual closing costs incurred (up to $500) must be reimbursed to Honda FCU.