A powerful tool to increase your financial flexibility
Owning a home opens a lot of financial doors for you (pun intended). Because using the equity in your home can be one of the most affordable ways to borrow money. Which makes it a super-smart way to finance all kinds of things, like home improvements, college tuition or just to give yourself some financial flexibility.
Put the equity in your house to work, whether you want to renovate your kitchen or add an extra bathroom. Our low rates make it all possible.
Low closing costs and no origination fees
No annual fee
Accessible through online banking
Home Equity Loan
Another home equity borrowing option — in addition to a home equity line of credit — is a home equity loan. With this type of loan, you use the equity in your home as collateral, and you get a one-time, lump sum, a set interest rate and set monthly payments. It’s a great way to finance home improvements, major renovations or any large, one-time financial need.
Low closing costs
No annual fee
Accessible through online banking
You are about to leave Alabama ONE Credit Union’s website. Alabama ONE Credit Union provides links to other websites for your convenience and informational purposes. Linked sites are not under the control of Alabama ONE Credit Union and Alabama ONE Credit Union is not responsible for the content of any linked site.