A man doing some house repairs

Leverage your home's equity

Use your home's equity to fund your big expenses.

Home Equity

We Can Make Your House Feel Like a Home

Home improvements, college tuition, debt consolidation, a vacation, or special occasion. Your home’s equity can be a valuable financial tool. By tapping into it, you may be able to get cash for just about anything.^

At American First, we have two kinds of Home Equity Loans. Depending on what you need, one is sure to work for you:

Home Equity Line of Credit

A home equity line of credit (HELOC) provides easy access to open line of credit which can be used for remodeling, paying tuition, consolidating debt, and emergencies. HELOC allows you to borrow or draw money numerous times from an available maximum amount. You will only pay the amount used on the revolving line of credit. 

  • Borrow up to 80% of your equity^
  • Loans up to $250,000 available^
  • 15 years to repay
  • Possible tax benefits^^
  • Closing costs waived with minimum loan advance^^^
  • Home Access card provides convenient access to your Home Equity Line of Credit

All Equity Loan

A home equity loan allows you to receive the money you are borrowing in a lump sum payment with a fixed interest rate. You can use the amount you request for anything including remodeling, paying tuition, consolidating debt, and emergencies. 

  • Borrow up to 80% of your equity^
  • Loans up to $250,000 available^
  • 15 years to repay
  • Possible tax benefits^^
  • Closing costs waived with minimum loan amount^^^

We'll guide you through every step of the way

Our loan consultants can work with you in person, by phone, or entirely online to answer your questions, explain your options, and tailor the loan terms to fit your needs. They’ll be with you every step of the way. Meet our team of registered real estate loan consultants ready to assist you. 

John Martinez
John Martinez

NMLS# 239872
Cell: 562.896.8282

Picture of Art Garcia
Art Garcia

NMLS# 1063425
Cell: 714.394.4242

Got questions? We'll call you.


^ Maximum loan amount based on individual credit profile. Certain restrictions apply. All Equity Loan not available in TX, TN, IL and GA. HELOC only available in AZ, CA, NV, ID, UT. For loans 80% LTV or greater, please call for a quote.  

^^Consult a tax advisor regarding the deductibility of interest.

^^^A $1,000 processing fee will apply if the loan balance is paid off within 36 months or if minimum required advance is not taken.

Important Notices:

* APR = Annual Percentage Rate and additional terms and conditions apply. Rates, points, programs, terms, and conditions are subject to change without notice based on market conditions, borrower credit, and property eligibility. Loan programs available for a home purchase, mortgage refinance, or for home equity loans. A full application with all documents, credit verification, and property appraisal will be required to receive a quote and rate lock. Rate and fees based on loan to value (LTV), down payment, fees, and individual credit. American First Credit Union offers rate lock period options, and a rate discount of 0.25% for automatic payments. Your APR will vary based on your final loan amount and finance charges. For Adjustable Rate Mortgages (APR), interest rate and payment are subject to increase when the market-driven index changes. Quoted rates are subject to additional rate or point add-ons according to borrower’s loan request, credit score, cash out, and loan to value. Points are fees paid up front to the lender in exchange for a lower interest rate on a home loan. One point equals one percent of the loan amount. A Good Faith Estimate will show your lock-in period, loan offer, and costs based on information you provide. Additional disclosures are available for each loan type. Rates and loan programs are subject to credit and property approval, and may change at any time based on market conditions and borrower eligibility. Loans not available in all states.

American First Credit Union is an equal housing lender. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.

A membership account can be opened to receive these and other services. A one-time $5 individual membership fee may apply to become a member of American First Credit Union. Membership is open to individuals who live, work, worship or attend school in Orange County or in the 16 qualified cities in southern California, work at an affinity group, or are members of the Children’s Museum of La Habra. Each family member is eligible to open an individual membership account.



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