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Coconino Federal Credit Union Go to main content


Home Equity Line of Credit Loans (HELOC)

A Home Equity Line of Credit makes use of the equity in your home, which may have tax benefits (check with your tax advisor). Coconino FCU offers a variable rate on a flexible credit line with a 10 year draw period and 15 year payment term after initial 10 year draw period. Rate is adjusted quarterly based on the prime rate and cannot increase or decrease more than 2% in 12 months.

Benefits of a HELOC:

  • Loan up to 90% of the value of your home (value of the home minus balance of the first mortgage, if any)
  • Loans available for $5,000 to $150,000 (larger amount available with special approval)
  • Minimum interest rate 4.25% APR, maximum interest rate 18.0% APR.

Apply Now

Stop by a Coconino FCU branch near you and pick up an application packet for the type of home equity loan that is best for you. Ask any friendly credit union employee for more information.

For more information contact one of our NMLS Certified Real Estate Loan Consultants:

Marlene Baca 928-526-9179 NMLS # 798592

Lori Sauer 928-913-8100 NMLS #797789

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