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Home Equity

Home Equity Lines of Credit (HELOC)

A Home Equity Line of Credit (HELOC) is a method of borrowing in which a homeowner may borrow against the equity in their home with flexible terms. Since this line of credit is secured by a home, the interest rate is typically more attractive than alternative unsecured financing options. As with most lines of credit, the funds can be accessed on an as-needed basis in person, by online transfer into a checking account, or by utilizing convenience checks.

A HELOC can be used for just about anything – home improvements, college expenses, consolidation, and more. If you can dream it, we can finance it with this flexible option.

Introductory Rate


First 12 Months
Variable Rate As Low As


After Intro Period
Fixed Rate As Low As


After Intro Period
At Pima Federal, the process to get a HELOC is simple. Closing costs are covered by the credit union as long as the line stays open for at least 36 months. If an appraisal is required (depending on the amount requested and loan to value), the member is responsible for covering that cost. This product offers lines from $10,000 to $200,000 and either a fixed rate or variable rate option based on the Prime Rate. The Annual Percentage Rate (APR) may vary.

Whether you're looking to consolidate credit, improve the value of your home, or need access to cash - our HELOC calculator can help you get started.  

*APR = Annual Percentage Rate. Introductory Annual Percentage Rate (APR) of 6.99% is available on new Pima Federal Credit Union Home Equity Lines of Credit (HELOC). Interest will begin to accrue as of the date of the first advance. The interest rate will be fixed at 6.99% APR during the twelve-month introductory period. Variable Rate HELOC: After the twelve-month introductory period, the APR will range from 8.75%-17.25% and will vary quarterly based on the Prime Rate (8.50% as of 7/28/2023). The rate will not adjust higher than 18.00% APR. Fixed Rate HELOC: After the twelve-month introductory period, the APR will range from 9.75%-18.00%.  Offer is subject to normal credit qualifications and acceptable loan to value. Rates are subject to change. Membership required – based on eligibility and a minimum opening deposit of $5.00. Estimated aggregate third-party fees are $200-1,025.