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Home Equity Line of Credit
The flexibility to access available credit when you need it.
With Armed Forces Bank's Home Equity Line of Credit, you may borrow from $10,000 up to the maximum you qualify for, depending upon the amount of equity you have in your home. Our home equity line of credit offers:
  • The flexibility to access available credit when you need it.
  • Low minimum monthly payments.
  • Low closing costs.
  • A low rate of interest compared to revolving credit cards.
Outstanding low rate.
The interest rate is among the best around.
The interest rate for the first year is 5.49% APR with direct deposit or 5.99% APR without direct deposit then Prime plus .50% thereafter. The Prime rate is a variable rate.

Borrow, pay down, borrow again.
With our Home Equity Line of Credit you can borrow and pay down over and over again.

Interest may be tax deductible.
Check with your tax advisor for details.


It could be the last loan you will ever need.

Our Home Equity Line of Credit allows you to borrow whenever you need to for any reason, up to 80% of your home's value. As you pay back your borrowing, those funds become available to you again. You may borrow from $10,000 up to the maximum you qualify for, depending upon the amount of equity you have in your home.


Offer subject to credit approval.
Equal Opportunity Lender

Printable Application

Apply by phone:
1-888-744-3637
ext. 4052