placeholder for jump to top link Chat Online Call 844-222-4189 Find a Branch Put your home’s equity to work for you with rates as low as 1.99% APR* placeholder to force page break Apply Now Contact Us Discover all you can do with a Home Equity Line of Credit Whether you're beating the summer heat and putting in a swimming pool, adding a new bedroom or consolidating debt, a Home Equity Line of Credit from Credit Union ONE in Detroit, Traverse City, Grand Rapids and Ann Arbor, MI can help make it happen. It's just one of many financial solutions designed to fit your life and your budget. rates as low as 1.99% APR* for 12 months from the closing date then a variable rate between 3.25% - 5.75% $0 Closing Costs* With a Home Equity Line of Credit from Credit Union ONE: Tap into your home’s equity to finance home improvements or college tuition, refinance high interest loans, consolidate credit card debt, manage unexpected expenses and more! Get a revolving line of credit from $10,000 to $250,000 to draw from for 10 years without reapplying Ability to access funds in your available line of credit when you need them gives you the flexibility and convenience to make purchases on your schedule. Enjoy the convenience of applying online from the comfort of your home. No closing costs Our introductory HELOC rate and variable rate help you pay less interest on your loan. Your Home Equity Line of Credit is a great way to: Add a swimming pool Renovate your kitchen Repair or replace your roof Remodel a bathroom Update appliances and much more You can also use your funds to: Refinance high interest loans Manage unexpected expenses Pay for college tuition Consolidate credit card and other debt And more We’re here to help you find the loan option that best fits your financial needs. Contact us today! Chat Online Connect with a member service representative through our site. Call 844-222-4189 Visit a Local Branch *APR=Annual Percentage Rate *Home Equity Line of Credit: APR will be variable based on an index plus or minus a margin for the life of the loan. The index is the highest prime rate as published in the Money Rates section of The Wall Street Journal. The margin ranges from 0% to 3.00% and is based on overall creditworthiness factors. The prime rate as of March 12 ,2021 is 3.25%. Promotional rate applies only to new Home Equity Lines of Credit opened between October 1, 2021 and January 15, 2022. After the promotional period a variable rate currently between 3.25% - 5.75% would apply. Minimum loan amount is $10,000; maximum is $250,000. The APR will never exceed 18% and will never be lower than 3.25%. Loans and actual standard rate offered are subject to approval based on overall creditworthiness factors and collateral. Maximum loan to value is 80% and collateral must be titled in the State of Michigan. Promotional rate offer and margin may be changed or discontinued at any time without notice. Other conditions may apply. Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application. Offer may be discontinued or changed at any time. Facebook Twitter Routing Number: 272479841 Credit Union ONE Headquarters 400 E Nine Mile, Ferndale, MI 48220-1774 Sitemap Privacy Statement Website Accessibility © 2021 Credit Union ONE. Credit Union ONE is federally insured by the National Credit Union Administration and is an Equal Housing Lender. Your savings federally insured up to $250,000 and backed by the full faith and credit of the United States Government. Back to top