We offer home equity lines of credit. If you’re looking to remodel your home, add on a room, redecorate, install a pool, upgrade heating/cooling, or need extra cash for whatever reason, a vehicle purchase, medical expenses or vacation, your home’s available equity could save you a lot of money in the long run.

Luso American Credit Union can also help you refinance your existing mortgage and save money.

Ask our mortgage specialist to help you determine the best option for your individual situation.

Home Equity Line of Credit Special!

Enjoy rates as low as Prime – 2.00%* on a Home Equity Line of Credit (HELOC) from Luso Credit Union!

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* Special rate offer is the Prime Rate minus 2.00%. $25,000 minimum draw. The current Prime Rate is 8.50% as of 7/27/2023. This is a variable rate product. Interest rate will fluctuate with the Prime Rate as published in the Wall Street Journal on the last business day of each month throughout the term of the loan. The maximum rate charged will not exceed 18.00%. Floor rate of 5.00%. Maximum combined LTV of property cannot exceed 70%. Offer not available for rewrites. Offer only available for members who have a Mortgage with Luso American Credit Union or for individuals who do not currently have a Mortgage. Closing costs may and normally do apply. Homeowner’s Insurance is required. Tax escrow may be required and will increase your payment amount. Flood Insurance may be required. Interest paid on your Home Equity Loan may be tax deductible. Consult your tax advisor for more information. Subject to credit approval. Membership eligibility required. Insured by MSIC. Federally Insured by NCUA. Equal Housing Lender. NMLS #407560.