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Home Equity Loans and Lines

Put the value in your home to work for you. 

Achieve your financial goals by using the equity in your home as a tool

Home values have increased over the past several years, which means you may have more equity in your home than you think. Using a Home Equity Loan or a Home Equity Line of Credit, you can access those funds to complete projects or bring possibilities to life.

Home Equity Loans and Home Equity Lines of Credit use your home as collateral so you can access funds at a lower rate. You can choose to withdraw funds in a lump sum (Home Equity Loan) to fund one-time projects or purchases. You also have the option to set a total loan amount, then draw funds when needed (Home Equity Line of Credit). Both options have benefits, and you can choose which one is the best option for your situation.

Home Equity Loan and Lines of Credit

Andrews Federal offers Home Equity Loans and Lines of Credit.

Home Equity Loan

  • Benefits of a Home Equity Loan include: Competitive fixed rates, predictable monthly payments.
  • Current rate: As low as 5.49% APR.*

Home Equity Line of Credit (HELOC)

  • Benefits of a Home Equity Line of Credit include: low interest rates, access to funds when you need them, repayments based only on the amounts you draw. 
  • Current rate: As low as Prime minus .50%

Contact Us

For inquiries about our Home Equity Loans and Lines of Credit product rates and terms, please email us at [email protected] to inquire about additional terms and rates.
 

Rewarding Checking

Kasasa Cash Checking
We’re always looking for ways to give you more. That includes our outstanding checking options powered by Kasasa. With Kasasa Cash Checking, you can earn higher dividends on your checking account balances — up to 5.50% APY. And, you’ll continue to have access to all the best benefits that come standard with Andrews Federal membership, including Early Direct Deposit, mobile check deposits, Digital Banking access and more.
Learn More

Earn 5.50% APY* with Kasasa Cash Checking, a free checking account that pays high dividends. 

APR = Annual Percentage Rate. Andrews Federal Credit Union is a full-service financial institution with stateside locations in Washington, D.C., Maryland, Virginia and New Jersey, as well as overseas locations in the Netherlands, Belgium and Germany.