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Coming soon

A new servicing experience is forthcoming for members with a 1st mortgage loan with Andrews Federal Credit Union. Click here to learn more.

Andrews Federal Credit Union
  1. Home
  2. Borrow
  3. Home Loans

Home Equity Loans and Lines

You work hard to make your mortgage payments, now let your home in Washington D.C., Maryland, Virginia, New Jersey or elsewhere reward you.
  • Take advantage of the value in your home
  • Tackle home improvement projects
  • Make big purchases
  • Borrow up to $350,000
  • Save money with low rates

You could remodel a room. Or reshape your future.

With an Andrews Federal Credit Union Home Equity Line of Credit or Loan, there are no strings attached. While it's the value of your home that gives you access to money at a low cost, nothing says you have to spend it on a no-frills improvement project. So go ahead and pay for college, travel the world, kick-start a new business, or knock a few key items off your bucket list.

Or just hit the reset button

Sometimes life comes at you harder than you expect. Home equity funds are a good way to cover unexpected expenses and big medical bills, or to consolidate other higher-rate debt. There's something to be said for buying a little peace of mind.

Home Equity Loan

Sometimes you need a big chunk of money right away. A Home Equity Loan puts thousands of dollars in your hands right off the bat to tackle big-ticket projects, purchases, and expenses.

  • Fixed-rate loan
  • Interest rates as low as 4.49% APR1
  • 15-year repayment period
  • Borrow up to 95% of your home’s value (minus the amount remaining on your mortgage)
  • Loan amounts $25,000 to $350,000

Home Equity Line of Credit

Sometimes you need a little less money here and there to get things done and make ends meet. A HELOC gives you easy access to funds for a number of years.

  • Introductory rate of 1.90% APR1 for the first 6 months
  • Variable rates as low as WSJ Prime Rate APR1 after the introductory period
  • Borrow up to 95% of your home’s value (minus the amount remaining on your mortgage)
  • Access money when you need it through Digital Banking
  • Credit Lines of $25,000 to $350,000

Auto Smart

Scope out a brand new set of wheels and enhanced peace of mind.

View our Auto Smart car selection.

Learn More

$13,405,796 - Total member benefit arising from lower interest rates on loan products.

1 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.