Fixed-Rate Home Equity Loans
- Loan amounts from $5,000 to $1,500,000
- Terms up to 20 years
- Borrow up to 95% of your home’s value
- Fixed monthly payments
- For the homeowner who needs a consistent and manageable monthly payment.
If you have built up equity in your home, apply now to use that equity to get a loan for home improvements, school tuition, bill consolidation or even a vacation. American Heritage has a variety of Home Equity Loan programs to match your needs and financial status. Use your home equity to upgrade, renovate or consolidate debt. Enjoy home equity loan rates as low as 4.74% APR* for 36 months.
If you want to take advantage of your home’s value, enjoy the flexibility of a line of credit, but the peace of mind of a fixed rate, check out our Platinum Fixed Rate Home Equity Line of Credit, with rates as low as 5.99% APR*.
For a full list of Home Equity Loans terms and Annual Percentage Rates (APRs) please visit our Rates page here.
|PRODUCT TYPE||LOAN AMOUNT RANGE||DRAW PERIOD||TERM PERIOD||% BORROWED OF HOME VALUE||MINIMUM WITHDRAWAL AMOUNT|
|Fixed Rate Home Equity Loans||$5,000-$1,500,000||n/a||up to 20 yrs||95%||n/a|
|Gold Home Equity Line of Credit||$10,000-$1,500,000||5 yr||n/a||95%||$1,000|
|Platinum Fixed-Rate Home Equity Line of Credit||$5,000-$1,500,000||3yr||5, 10, 15 yrs||95%||n/a|
|Interest-Only Home Equity Line of Credit||$10,000-$1,500,000||3yr||n/a||95%||$1,000|
In compliance with stipulations required under the SAFE Act, American Heritage Federal Credit Union, AMHFCU, is hereby listing the unique identifier information, also known as the NMLS#, for American Heritage Credit Union below:
AMHFCU | #433838
Bryan Eichenbaum | #1447517, Marylou Denzler | #449095, Paul M Fox | #449146, Angela D Poe-Mason | #449073, Amanda Michalczyk | #527975, Matt Lista | #449176, Nicole Zieminski | #925529, Daniel DiMartini | #1180834, Arlene Calamaya | #800200
*Rates and promotions effective as of August 1, 2022 and are subject to be cancelled, extended or changed without notice. Annual Percentage Rate (APR): APR is increased by .25% without payroll deduction or automatic payment. Rates for this product are determined by an evaluation of applicant credit. Annual percentage rates on these products are determined by an evaluation of applicant credit, collateral valuations, length of term and other considerations. Your rate may vary from the rate shown.
Sample Home Equity Loan Monthly Payment: $29.86 for every $1000 borrowed at 4.74% APR at 36 months (Up to 80% LTV).
Annual Percentage Rate for the Gold Home Equity Line of Credit Rate is as low as 51 basis points below the highest prime rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.74% APR or exceed 14.99% APR.
Sample Platinum Fixed-Rate HELOC (3DP/5A) Payment Example: $19.35 for every $1,000 borrowed at 5.99% APR at 60 months (Up to 80% LTV). Minimum monthly payment amount is $20. Borrower has a 36-month draw period from loan opening date to advance funds from line of credit.
Annual Percentage Rate for the Interest Only Home Equity Line of Credit is as low as 25 basis points below the highest prime rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.99% APR or exceed 15.49% APR. There is an origination fee of $100.
LTV = Loan to Value; DP = Drawing Period; A = Amortization.