America First HELOC

Home equity lines of credit are often used for purchases like home renovations such as a bathroom or kitchen remodel. This is a popular option because home renovations can be expensive but will ultimately add value and further equity to your home. Our partner America First Credit Union, offers home equity lines of credit — or HELOCs — that are open-end loans based on the value of your residence minus your mortgage balance. Eligible members can use these funds for substantial home improvements, large expenses, and other needs. We offer standard options that let you draw from up to 80% of your home's equity.

However, HELOCs aren’t just limited to home renovations. You can use the line of credit for other significant expenses like a new vehicle, education, and more. A HELOC just shouldn’t be used for minor purchases.