Home Equity Line of Credit

Special Offer: Home Equity Line of Credit

Introductory Rates as Low as 2.99% APR* For 12 Months on a New Home Equity Line of Credit at Ideal Credit Union

Do it all with an Ideal Home Equity Line of Credit!

Access as little or as much of your credit line as you need for home renovations, a well-deserved vacation, debt consolidation, school tuition, wedding expenses or anything else you may need.

Funds are accessible 24/7 with Ideal Digital Banking

Draw funds from your line of credit when you need, available 24/7 with Ideal Digital Banking. Simply log in to digital banking on your desktop or mobile device and transfer funds from your line of credit to your savings or checking account for immediate use.

Apply online or schedule an appointment

Now is the perfect time to put your home's equity to work helping you achieve your goals. Apply online or schedule an appointment to visit an Ideal CU branch near you.

  • Fixed introductory rate as low as 2.99% APR* for the first 12 months
  • Borrow up to 90% of your home's value
  • Low variable rate after promotional period ends
  • 24/7 access to funds online using Ideal Digital Banking online and through our mobile app

Limited-Time Special — Offer Ends April 30, 2023!

*APR = Annual Percentage Rate. Intro rate shown of 2.99% is for homeowners with 70% combined loan-to-value (CLTV). Intro rate is 3.49% for up to 80% CLTV and 4.49% for up to 90% CLTV. APR will be fixed during the 12-month introductory period. After the first twelve (12) months of the loan term, the introductory APR will revert to a variable APR based on the Prime Rate as published in The Wall Street Journal. Your post-promotional rate will be disclosed to you prior to signing for your line of credit. On a $10,000 home equity line of credit balance at 2.99% APR, monthly payments would be $100, 1% of the outstanding balance. After the introductory period, the minimum floor APR will be 4.00% and maximum APR will be 12%. An increase in the Index will result in an increase in the periodic rate. Offer valid for applications submitted and approved February 21 through April 30, 2023. Loan must close on or before June 30, 2023 for introductory rate to apply. This is a limited-time offer and is subject to change at any time without notice. Maximum loan amount is $350,000 with a 10-year draw period and up to 15-year repayment period. Minimum credit score of 660 is required. Properties must be owner-occupied. Eligible property types include SFD and Townhomes (up to 90%), and condos (up to 80%); Not eligible for multi-family properties. Some housing exceptions apply. Closing costs range from $500 to $2,000. The consumer should consult a tax advisor for information regarding the deductibility of interest and charges.