Home Equity Loans

SMCU's Home Equity Loans Make It Quick and Easy to Save Money

Whether you are looking to borrow for home improvements or want to consolidate other debts into one payment to save money, SMCU's home equity loans and home equity lines of credit (HELOCs) are some of the best in Seattle.

Borrow up to 90% of the value of your home (minus any other amounts you owe on your home) with terms up to 15 years. You may also be able to deduct your home-equity interest payments(consult your tax advisor for details).

SMCU's home equity rates can save you hundreds of dollars a year versus loans at other lenders. Our easy online application process means that you can have an answer fast, so you can get to work on adding your new deck or consolidating all of your outstanding credit card debt into one low monthly payment.

SMCU has a number of different options in our home equity program, including:

  • Home Equity Loans
  • Home Equity Lines of Credit
  • Small Home-Improvement Loans

View Home Equity Rates

Add Fun. Add Value. 1% Rebate* on Home Equity Loans.

Home Equity Loans with 1% Rebate

If you’ve been putting off major projects or repairs because of high loan rates or low equity, now is the time to get started. Spring and summer are the perfect seasons for home projects, and SMCU is offering a 1% rebate on your loan.1 Just open a Seattle Metropolitan Equity Loan between April 1 and June 30, 2015, and we’ll deposit 1% of your loan amount into your SMCU savings account, up to $500.


Even if your home is perfect the way it is, an SMCU home equity loan could still be great for you, especially if you are dealing with high credit card balances, student loans, or other debt. By consolidating your other bills into a home equity loan, you could slash your total monthly payments. The rebate is also available for refinances.


Apply now by clicking the button below, calling us at (855) 575-9352, or by coming into one of our branches.

Apply Now


  • See Home Equity Rebate Details

    1Promotional period will expire June 30, 2015. All loans are subject to approval of membership eligibility requirements. Applies to new home equity loans only; other loan types are not eligible. The rebate of 1% of the approved loan amount, up to $500, will be deposited into your savings account at loan funding. Member is liable for any and all taxes associated with this rebate and may receive a 1099-MISC tax form from SMCU. This offer is not applicable to Home Equity Lines of Credit or valid with any other offer. SMCU reserves the right to cancel or amend the terms or conditions of this promotion at any time and without notice. Apply online or visit one of our seven branch locations. Existing SMCU loan balances are not eligible for the 1% rebate if refinanced. Contact us for additional details at (206) 398-5500 or toll free at (800) 334-2489 or visit smcu.com. SMCU is federally insured by the NCUA and an Equal Opportunity Lender. SMCU NMLS#464295.

Frequently Asked Questions

FAQ

Rates

 

Auto Loans as low as*

 

1.49%APR

Certificates as high as

 

1.00%APY

Checking as high as

 

6.14%APY

Credit Cards as low as**

 

6.99%APR