Home Equity

Home Equity Loans

You've got big dreams. Tap into your equity to make them happen.

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Dreaming of a renovation? Vacation? Education? Put the equity you have in your home to work for you, and get on your way to checking off your to-do list. Your financial needs and goals are unique. Our home equity experts will work with you to craft your perfect solution.


Our home equity line of credit (HELOC) offers a convenient solution to use the equity in your primary or secondary (vacation) residence. We offer a revolving line of credit up to 90% of the value of your home, and you can lock your balances into convenient, fixed-rate terms.


With our rental equity line of credit (RELOC) you can enjoy a revolving line of credit on up to 75% of the value of your rental property. Low, competitive, variable rates with a simple application process. Plus, you will have a two year draw period with interest only payments and no pre-payment penalty.

Current rates

Equity Lines


Variable APR2 as low as

Rates effective as of May 14, 2024.


HELOC (home equity line of credit): LTV up to 90%

Variable APR2 as low as



RELOC (rental equity line of credit): LTV up to 75%

Variable APR2 as low as


Get in the know

A home equity line gives you access to a revolving line of credit that you can use as you need. In that sense, it works a lot like a credit card. There’s a credit limit, you make regular payments on your balance, how much credit you use is up to you, and you can spend it however you want.

How you’ve handled your finances in the past helps us understand what to expect in the future. That’s why a good score can help you qualify for a better interest rate.

That said, your credit score is only one consideration in the lending process. Other considerations include your income, your monthly payment obligations and the loan term you select.

At Embold, we’ll work with you to understand your entire financial profile to ensure you get the loan and the rate that’s right for you.

Yes. Your regular monthly payment is a combination of principal and interest. If you want to make a payment exclusively on your principal balance, you can include money in addition to your regular monthly payment and designate it as a principal payment. We design our loans to make this easy, should you want to do so. By making extra principal payments, you can pay off your loans sooner and save money on interest.

Ready, set, go

Get started with a Home Equity Loan today.

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Home Equity

Let’s get those big dreams started. Click below to start tapping into your home’s equity.


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1) For details, see our Truth in Lending document.

2) Annual Percentage Rate. Variable rate may change based on the credit-worthiness of the borrower and other criteria. Maximum APR 18%.

Closing costs range from $233.25 to $3,000, including property appraisal, if required.

Embold Credit Union is registered with the National Mortgage Licensing System (NMLS #709344). Visit the NMLS Consumer Access link below to confirm our registration and that of our Mortgage Loan Originators. NMLS Consumer AccessSM  is a free service for consumers to confirm that the financial-services company or professional with whom they wish to conduct business is authorized to conduct business in their state.