HOME EQUITY LOANS
Unlock Your Home’s Potential: Convert Equity into Cash
Turn the value of your home into cash you can use! Alabama Central Credit Union offers two Home Equity options to fit your needs, whether you need a one-time lump sum or ongoing access to funds.
Home Equity Loan
- One-Time Loan for Big Needs: Consolidate debt, finance major renovations, or cover education expenses with a fixed-rate Home Equity Loan.
- Competitive Rates: Enjoy low rates to make managing your loan easier.
- Flexible Repayment: Choose repayment terms that work for your budget.
- Tax Advantages: The interest paid may be tax-deductible* (consult your tax advisor for details).
- Fast and Easy Approval: Our experienced team makes the process smooth.
- Friendly Service: We're here for you every step of the way.
Home Equity Line of Credit (HELOC)
- Ongoing Access to Funds: Need extra cash for emergencies, seasonal expenses, or ongoing home improvements? A HELOC provides a revolving line of credit.
- Competitive Rates: Low introductory rates starting at 7.75% make financing affordable.
- Flexible Repayment Options: Repay principal and interest over time, with the option to make additional payments.
- Convenient Access: Easily access funds through in-person, phone transfers, or online banking.
- Tax Advantages: The interest paid may be tax-deductible* (consult your tax advisor for details).
- Fast and Local Approvals: Quick decisions mean getting the funds you need faster.
Contact Alabama Central Credit Union today! Let's unlock the equity in your home and turn your dream into reality!