Home Equity Loans | Icon Credit Union

Home Equity Loans and Lines of Credit

Tap into the equity you’ve built in your home.

Home Equity Line of Credit

Need some extra cash for a home renovation, unexpected expense or much-needed vacation? Icon’s Home Equity Line of Credit lets you tap into the hard-earned equity you’ve built in your home, and with flexible terms and competitive rates that deliver a custom fit for your budget and family. Here’s what you can expect with an Icon HELOC:

Flexibility. With Icon’s home equity line-of-credit, you can borrow as much as you need up to your credit limit, pay it back, borrow again and repeat for 10 years. After that, you have an additional 10 years to pay off the remaining balance.

Freedom. It’s your money, so use it how you’d like! Whether you’re putting yourself (or a family member) through college, buying a new RV or trailer to retire in style and travel the country or just put a little cash aside for emergencies, Icon’s HELOC can provide you with the freedom you need to navigate life’s changes and surprises with ease.

For a limited time, open an Iconic HELOC with no-fees and rates as low as 4.75% APR*.  Call us at (208)344-7948 to speak with a Member Relationship Officer and you’ll be on your way to renovating your house into your dream home!

Home Equity Loans

A Home Equity Loan offers a one-time lump-sum loan with a fixed rate, fixed payment, and fixed term. The loan amount, rate and term depend upon the borrower’s credit history, amount of equity in the home and other factors.

Want to apply for a Home Equity Line of Credit or Home Equity Loan? Give us a call at (208) 344-7948 to speak with a Member Relationship Officer and consumer lending expert and get an instant rate quote today!

*No fees or closing costs OAC. OAC = On Approved Credit. APR = Annual Percentage Rate. This promotion is for new Icon HELOC’s on your primary residence only. APR and credit limit are based on individual creditworthiness and property value (maximum of 80% combined loan-to-value). A $500 early closure fee applies if the HELOC is closed by you within the first 24 months. Your APR will equal the Prime Rate index (as published in the Wall Street Journal, which can change at any time) plus a margin. The minimum APR is 5.00% and the maximum APR is 18%.