Take Advantage of Our HELOC Offer Today

Access Your Home’s Equity with a HELOC

Access Your Home’s Equity with a HELOC

With a Home Equity Line of Credit (HELOC), you can easily use your home’s equity for upcoming home improvements, debt consolidation, and even life events and emergencies. It’s quick and easy to apply for a HELOC and First Commerce covers the closing costs. See full disclosure for details

  • 4.99% APR* 6-month intro rate
  • 6.75% variable APR* after intro period

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What is a HELOC?

A Home Equity Line of Credit (HELOC) is a powerful financial tool that allows homeowners to tap into the equity they have built in their home.Your home’s equity is calculated by taking its current market value and subtracting what you still owe on your mortgage.With a HELOC, you can borrow against that equity as needed, giving you the flexibility to access funds when you need them and use them for just about anything.This versatile, revolving line of credit lets you pay interest only on the amount you use. As you repay what you’ve borrowed, those funds become available to use again.A HELOC can be a smart option for large expenses such as home improvements, major life events, dream vacations, and more.

Competitive Rates

Competitive Rates

Flexible Terms

Flexible Terms

Easy Online Application

Easy Online Application

Fast Local Decisions

Fast Local Decisions

Tap Into the Powerful Resource That Is Your Home’s Equity

You’ve worked hard to build equity in your home. Now use it to gain true financial flexibility! With a Home Equity Line of Credit from First Commerce, you can take advantage of a standout rate and use your HELOC for almost any purpose: home improvement projects, education expenses, debt consolidation, a dream vacation, and so much more.

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Tap Into the Powerful Resource That Is Your Home’s Equity

Calculate the Equity You Have in Your Home

FAQs

This HELOC offer is available to member and non‑member homeowners who meet credit and underwriting requirements. You may qualify if you have enough equity in your home—up to 90% loan‑to‑value (LTV/CLTV) based on existing liens. Current HELOC members may also qualify by borrowing an additional $50,000 or refinancing into a larger line.
HELOC funds can be used for almost any purpose, including home improvements, debt consolidation, education expenses, or major purchases. You only pay interest on the amount you use. HELOC funds cannot be used to pay off existing First Commerce Credit Union loans.
This HELOC features a 4.99% introductory APR for the first six months after opening. During that period, interest accrues at 4.99%, even though your payment is based on your approved rate. After the intro period, your HELOC converts to a variable rate based on the Prime Rate, loan‑to‑value, and credit approval.
Yes, most closing costs are paid by First Commerce Credit Union on qualifying HELOCs. To receive the No Closing Cost option, you must take a minimum initial advance of $30,000, or the full credit line if it’s less than $30,000. Certain exclusions may apply, such as higher loan amounts or appraisal requirements.
A HELOC offers flexible access to your home’s equity with interest charged only on what you use. Compared to fixed‑rate loans, a HELOC can be ideal for ongoing or uncertain expenses. You’ll also benefit from local underwriting, local servicing, and personalized support.
Both a HELOC (Home Equity Line of Credit) and a Home Equity Loan allow you to borrow against your home’s equity, but they work differently. A HELOC functions like a revolving line of credit—you can draw funds as needed, repay them, and borrow again up to your approved limit, paying interest only on what you use. A Home Equity Loan provides a one‑time lump sum with a fixed interest rate and fixed monthly payments. A HELOC is often better for ongoing or variable expenses, while a Home Equity Loan may be a better fit for a single, upfront cost.

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Member Testimonial

Member Testimonial

“I’m in the process of buying my first home and I can’t say thank you enough to the First Commerce team for all their help. They have been on this journey with me for months and have taken the time to help with different options, and what is best for me and my family.”

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*APR = Annual Percentage Rate. Offer good through June 30, 2026. Introductory rate will be in effect for the first six (6) months after account is opened. Upon expiration of introductory rate, all balances will accrue interest at the variable standard Annual Percentage Rate (APR), which can range from Prime -0.25% to Prime +1.0% using the Wall Street Journal Prime Rate (currently an APR of 6.75% not to be less than 4.99% or exceed 15.00% at any time. Rates cannot increase more than 2% annually and 6% over the life of the loan, based on the original non discounted rate. Information accurate as of 03/16/2026. After the promotional period, variable standard APR will be based on Loan-to-Value (LTV) and a review of your credit application as disclosed in your loan agreement. All HELOC products, conditions, and rates are subject to our standard underwriting criteria, LTV limitations, lien positions, property use, and location. Up to 90% of the value of your home, less first mortgage balance and any other existing liens can be used to establish the line (based on credit qualifications). This offer is available for new equity line members and subject to change without notice. Offer available to existing HELOC members who borrow an additional 50,000. Hazard insurance required. Flood insurance required where applicable. Loan amounts range from $10,000 to $500,000. Most closing costs paid by First Commerce Credit Union. Minimum initial advance of $30,000 or full loan amount if less than $30,000 borrowed. Exclusions and limitations apply. Refer to HELOC Early Disclosure or ask a Financial Service Officer for details. Please consult your tax advisor regarding interest deductibility. This offer may be withdrawn at any time. Call 850.488.0035 or 1.800.533.5772. This offer may not be combined with any other offers or discounts. NMLS#774895
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