Home Equity Loan Rates

All offers of credit are subject to credit, approval, properties located in CO and membership eligibility. All credit union rates, terms, and programs are subject to change at any time.
* APR = Annual Percentage Rate
†Fixed Rate - Rate is dependent upon Loan to Value (LTV) ratio, term and credit history.
‡Variable Rate – Based on Prime Rate plus a margin that is based on your Loan to Value (LTV) Ratio and credit history.
As of 10/2/24, the variable APR for home equity lines of credit, based on creditworthiness and loan-to-value, ranges from 8.24 to 7.99% - 18.00%. This interest rate is subject to change but will not exceed 18.00% APR. Consult your tax advisor regarding the deductibility of interest. Property insurance is required. Offer is available for HELOCs secured by a primary residence. Some additional restrictions may apply. The third-party fees for a home equity loan range from $105 to $2,000. The Credit Union will pay up to a $250 credit toward all third-party fees related to originating a new HELOC. (If the loan is not open for at least 2 years the fees are the responsibility of the borrower at the closing of the line of credit.)
After the first 12 months, $75 annual fee applies to open lines of credit.
Rate shown as low as for qualified borrowers. Rate may change dependent on credit qualifications. Borrower must have approved credit and limitations may apply. Please speak with an Elevations representative for more information.
The rate may vary depending on each individual's credit history and underwriting factors.
All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.