Tap into your home's equity through a loan or line of credit.
Convert the equity in your home into cash you can use for home remodel projects, debt consolidation, education or major event expenses, vehicle financing and more. The existing equity in your home is used as collateral which can lead to lower rates, making your money go further.
- Competitive fixed and variable rate lending options
- No origination fees
- Accommodating repayment terms
- Interest paid may be tax deductible+
- Quick, decision-making and processing
- Attentive friendly local service
Fixed-Rate Home Equity Loans
Our home equity loans are an excellent option when you know exactly how much you need to borrow for one-time or short-term financial needs.
- Competitive, fixed rates help you budget monthly payments
- Funds available in a lump sum
- Set payment terms
- Low fees and closing costs
Variable-Rate Home Equity Lines of Credit
With a HELOC, you open a flexible line of credit to tap into for affordable financing, seasonal needs, or ongoing expenses.
- Funds available anytime without reapplying
- Pay interest only on the money you use
- Revolving credit — as principal is repaid, more becomes available for use
- Funds easily available via in-person or phone transfers or online
- No fees or closing costs if your home does not require an appraisal
Flexible Loan Options
Get a home loan that fits your budget and lifestyle. You'll find various mortgages with fixed or adjustable rates, plus special loan programs that can lower the barriers to homeownership. Explore all the possibilities!
Competitive Rates
With competitive interest rates and loan terms, your dollar can go further and you could save money over the life of your home loan.
Expertise and Guidance
We know the local housing market and national mortgage industry, so you can lean on us for the guidance you want and the expertise you need.
Local Service
The people you want to talk to are here, not in a distant call center. When you want to work with a local team committed to personalized, responsive service and support, choose Azura.
Innovative Solutions
We've made the home loan process easy, convenient and focused on you with quick approvals. Once your home loan is established, you can manage everything online or through our Mobile App.
Home Equity Loans - Fixed Rate
Effective date:
| Term | Rate | APR* |
|---|---|---|
| 5 Year | 6.50% | 6.72% |
| 10 Year | 7.00% | 7.12% |
| 15 Year | 7.50% | 7.59% |
*APR = Annual Percentage Rate. Rate and term are subject to credit approval. APR is determined by an evaluation of applicant credit at account opening. Approval and rate may vary based on credit history, LTV, and amount borrowed. Other restrictions may apply. All credit union loan programs, rates, terms and conditions are subject to change without notice. Current interest rates shown are indicative of market conditions and individual qualifications and will vary upon your lock-in period, occupancy, loan type, credit score, purpose and loan to value and lending source. Consult a tax advisor regarding the deductibility of interest. Contact a member of our home loan team for the most up-to-date rates with specific loan quote details.
Assuming a $50,000 loan, 80% Loan-to-Value (LTV) loan and an APR of 6.72% as of January 1, 2025, you would be required to make 60 monthly payments of approximately $989. Payments do not include taxes and insurance premiums.
Home Equity Line of Credit (HELOC) - Variable Rate
Effective date:
| Term | Loan to Value | APRT |
|---|---|---|
| Home Equity Line of Credit | Up to 80% | 7.50% (equal to prime) |
| Home Equity Line of Credit | Over 80.1% - 100% | 9.50% (equal to prime +2%) |
- No origination fees for home equity lines of credit.
- Fees may apply to refinanced loans.
- Both Loans are accessible by check, with $500.00 minimum advances.
T APR = Annual Percentage Rate. Rate and term are subject to credit approval. APR is determined by an evaluation of applicant credit at account opening. Approval and rate may vary based on credit history, LTV, and amount borrowed. Other restrictions may apply. All credit union loan programs, rates, terms and conditions are subject to change without notice. APR is based on Wall Street Journal Prime subject to change without notification. The maximum APR that can apply is 21%. Current interest rates shown are indicative of market conditions and individual qualifications and will vary upon your lock-in period, occupancy, loan type, credit score, purpose and loan to value and lending source. Consult a tax advisor regarding the deductibility of interest. Contact a member of our home loan team for the most up-to-date rates with specific loan quote details.
Must be eligible for membership and open a share savings account to obtain a mortgage loan product. A $5 minimum balance is required to open and must be maintained in share savings account at all times.