With a Home Equity Loan or Line of Credit from Andrews Federal, you can tackle your dream home improvement project using the equity in your home. Plus, leveraging the equity in your home can also be used to consolidate debt, invest in education, or cover unexpected expenses.
Home Equity Line of Credit
Choose a Home Equity Line of Credit for greater flexibility with easy access to funds on an ongoing basis. Qualify today and enjoy:
- Introductory rate of 1.90% APR for the first 6 months
- Variable rates as low as 4.25% APR after the introductory period
- Borrow up to 95% of your home’s value
- Interest-only payments during the draw period (minimum of $10,000)
- Credit Lines $25,000 - $350,000
Home Equity Loan
With an equity loan, you get a one-time lump sum of cash you can use any way you like. Choose a low fixed rate and you’ll have up to 15 years to pay it back.
- Rates as low as 4.49% APR
- Borrow up to 90% of your home’s value
- A one-time payout to get your money up front
- Loan amounts $25,000 - $350,000