Home Equity Line of Credit (HELOC) and Home Equity Loan
Intro rates as low as 4.99% APR1 and new, higher limits up to $500,000!
A Golden Opportunity
Leverage your equity more than ever before with a dynamite introductory rate and take advantage of up to half-a-million dollars in spending power!
Use the equity in your home to pay for home improvements, to raise the value of your home, to use the equity of your home to pay for home impromvents to raise the value of... well, you get the point. You can also use a HELOC to pay for anything else you need at a rate that's typically lower than a credit card.
| Loan to Value (LTV) | Margin | Intro APR As Low As1 | Standard APR As Low As2 | Maximum APR | Amount Financed | Lender Closing Costs3 | Alert Me |
|---|---|---|---|---|---|---|---|
| 80% or less | 0.000% to 3.500% | 4.990% | 7.500% | 18.000% | $10,000 - $250,000 | $0 | Receive a notification when this rate changes |
| 80% or less | 0.250% to 1.500% | 4.990% | 7.750% | 18.000% | $250,001 - $500,0004 | $0 | Receive a notification when this rate changes |
| The Gain Advantage Home Equity Line of Credit is an adjustable rate loan subject to change. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Rates and payments are based on the current margin and index rate. Index is WSJ prime rate. Rate subject to change quarterly. Rate Caps - Floor rate of 3%, Maximum rate of 7.750% and no annual adjustment cap. Payment Example: Loan for $150,000 based on a 70% Loan To Value (LTV) with a margin of 0.250% and an index of 8.500% equals an interest rate of 8.750% with a payment of $1,499.17 per month. The current non-introductory rate of 7.500% APR, which is accurate as of 05-22-2025 and is subject to change, is our best rate based on creditworthiness, credit score, and maximum combined loan-to-value (CLTV) of 80% and maximum loan amount of $150,000. Term - All Home Equity Lines of Credit are based on a 15-year term with principal and interest payments. Draw Period - 10 year draw period. After draw period ends, the repayment period begins (up to 15 years). Single Family Residence only. California, Arizona and Nevada only. Not all applicants will qualify. No prepayment penalty. |
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| Loan to Value (LTV) | Margin | APR As Low As1 | Maximum APR | Amount Financed2 | Lender Closing Costs3 | Alert Me |
|---|---|---|---|---|---|---|
| 80% or less | 0.500% to 1.250% | 8.000% | 18.000% | Up to $100,000 | $0 | Receive a notification when this rate changes |
| The Gain Advantage Home Equity Line of Credit is an adjustable rate loan subject to change. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Rates and payments are based on the current margin and index rate. Index is WSJ prime rate. Rate subject to change quarterly. Rate Caps - Floor rate of 3%, Maximum rate of 18.000% and no annual adjustment cap. Payment Example: Loan for $100,000 based on a 70% Loan To Value (LTV) with a margin of .500% and an index of 8.500% equals an interest rate of 9.000% with a payment of $1,014.27 per month. The current non-introductory rate of APR, which is accurate as of 05-22-2025, and is subject to change, is our best rate based on creditworthiness, credit score, and maximum combined loan-to-value (CLTV) of 80% and maximum loan amount of $100,000. Term - All Home Equity Lines of Credit are based on a 15-year term with principal and interest payments. Draw Period - 10 year draw period. After draw period ends, the repayment period begins (up to 15 years). Single Family Residence only. California, Arizona and Nevada only. Not all applicants will qualify. No prepayment penalty. |
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Express Home Equity Loan
You'll love the low, fixed-rates that let you to tap into the equity of your home, giving you access to funds so you can:
- Update your kitchen and bathrooms
- Consolidate high interest debt
- Buy an RV and build the garage to house it in
Money saving benefits
- Borrow up to $250,000 with a Loan To Value (LTV) of 80% or less on owner occupied properties2
- Borrow up to $150,000 with a LTV of 80% or less on owner occupied properties2
- Zero points
- No lender closing costs3
- Arizona, California and Nevada only
Get a tax break
Another great benefit of a home equity loan is the possible tax benefits. Be sure to ask your tax advisor how this loan may affect your taxes.
| Term | APR As Low As1 | Amount2 | Lender Closing Costs3 | Alert Me |
|---|---|---|---|---|
| 60 months | 7.2500% | Up to $150,000 | $0 | Receive a notification when this rate changes |
| Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Maximum rate 16.00% Single Family Residence Only California, Arizona, and Nevada Only Payments on a home equity loan at 7.250% APR for 60 months are $19.92 per $1,000 borrowed. Representative example assumes a loan amount of $150,000. Not all applicants will qualify. No prepayment penalty. |
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If you are refinancing your first mortgage with another lender and would like to keep your current equity loan with Gain, then you will need the new lender to request a subordination. You can find instructions for requesting a subordination on our Forms page.