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 100% 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

Dream it. Do it. Get a 1% home Equity Loan Rebate*, up to $500.

Home Equity Loans with 1% Rebate

If you’ve been putting off major projects or repairs, now is the best time to get started. Spring and summer are the perfect seasons for home projects, and SMCU is offering a 1% rebate, up to $500, on your loan1. You could redesign your backyard into a Pacific Northwest oasis, or build your perfect kitchen with a double oven and gas stove island. Or, 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 and enjoy the rebate. Plus, we now offer loans up to 100% Loan to Value (LTV)! This offer is only valid between May 1 and July 31, 2017, so act now.

Apply now by clicking the button below, or by calling our home equity experts at 206-398-5687.

Apply Now

  • See Home Equity Rebate Details

    1 Promotional period begins May 1, 2017, and expires July 31, 2017. All loans are subject to approval of membership eligibility requirements. Applies to 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 the member’s savings account within five (5) business days of loan funding. To qualify, application must be received by 11:59 p.m. PDT, July 31, 2017. 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 valid with any other offer. SMCU reserves the right to cancel or amend the terms and conditions of this promotion at any time and without notice. Loans must fund within 60 days of application date. Existing SMCU loan balances are not eligible for the 1% rebate if refinanced. Contact us for additional details at 206-398-5687. SMCU NMLS# 464295. SMCU is Federally Insured by NCUA and an Equal Housing Opportunity Lender.

No matter what stage you are at, we're here to help.

Give us a call

If you have any questions or if you are ready to get started, our friendly home equity experts are here for you and ready to help. 


Give us a call at 206-398-5687.

Home Buying Workshop: Saturday, May 27


Home Buying Workshop

Join us for a free, one-hour workshop for first-time home buyers. We will be covering common pre-purchase issues such as budgeting, determining how much house is affordable, how to save for a down payment, how personal credit reports and debt-to-income ratios affect the process, and how the mortgage lending process works as a whole. SMCU is proud to help the community prosper by educating members and non-members on how to be a responsible homeowner. Our home-buying expert, Emanuel Ortiz will be leading the workshop.


SMCU will provide light refreshments and free training materials.


The workshop will take place at El Centro de la Raza (2524 16th Ave S, Seattle, WA 98144) from 1:00 P.M. to 2:00 P.M. in Room 307. 

Space is limited. To reserve your spot, RSVP at rsvp@smcu.com, or click the button below.



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