Home Equity Line of Credit Sale

Need a financial gameplan for a big renovation? Add a HELOC to your playbook. From October 1, 2026 through November 30, 2026, all new fixed Home Equity Lines of Credit are 1.50% APR off!

The Federal Reserve just raised prime rate, leading to an overall increase in many real estate interest rates. Lock in a fixed rate Home Equity Line of Credit with Amherst Federal Credit Union and eliminate the stress of rate changes!

Fixed Rate Line of Credit:

6.00% APR*
Up to 15-year term
$10,000-$200,000 (up to 85% of available equity)
No closing costs**
No appraisal fee**
No application fee

Mini Fixed Rate Line of Credit:

5.75% APR*
5-year term
$1,000-$30,000 (up to 90% of available equity)
No closing costs**
No appraisal fee**
No application fee

Variable Rate Line of Credit:

7.00% APR* starting rate
Rate may change 2x/year based on Prime Rate (July & January)
Up to 15-year term
$10,000-$200,000 (up to 85% of available equity)
No closing costs**
No appraisal fee**
No application fee
Not included in Home Equity Line of Credit Sale

Click here to view a copy of the HELOC application and checklist.

Give us a call at 716-634-3881 and ask to speak to one of our expert loan officers to get the process started. Learn more about our Home Equity Lines of Credit here.

Your credit score won’t affect the rate, meaning our HELOCs can be helpful when times are tough. Amherst FCU can service HELOCs for any primary residence in Erie County, Niagara County, and Wyoming County, not just Amherst. We refinance as well, so if you have a home loan with another financial institution and want to get in on our lower rates, we are happy to help.

* APR represents Annual Percentage Rate. Amherst FCU membership required to process application. All applications are subject to approval. Credit and income qualifications apply. Become a member (and owner) by completing a brief membership form at the Amherst FCU office, 6470 Main Street, Suite 5, Amherst NY 14221. All you need is your photo ID & $6.00! Be sure to provide your most recent pay stubs to accompany your loan application. Promotion valid through November 30, 2026. Please call AFCU at 716-634-3881 for details.
** Closing costs include such items as appraisal, title insurance, mortgage tax and legal fees. The Credit Union will provide an estimate of closing costs at the time of application. The Credit Union will pay 100% of all closing costs over the term of the loan. If the case of early repayment before the loan term surpasses the 36 month mark, the borrower is responsible for paying a pro-rated balance of closing costs. The borrower will be required to sign a Borrowers Agreement for Appraisal Payment and Repayment of Closing Costs which states that if, for any reason, there is a problem with the appraisal, or it does not reflect enough value to pursue this Home Equity Loan, or the borrower(s) decide not to proceed with this Home Equity Loan, the borrower(s) agree to reimburse the Amherst Federal Credit Union for the full cost of the appraisal. The borrower(s) understand that if an advance is not taken with the first 6 months of the Home Equity Line of Credit being established, the borrower will be responsible for paying the full amount of the closing costs.