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Routing # 307075259
HELOC 01-2023 Page Template

HELOC - Home Equity
Line of Credit

Don't Move, Improve!

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Upgrade Your Home with our HELOC Promotion!

From Renovations to Celebrations A HELOC can do it all! Promo rates as low as: 6.49%25 APR for up to 80%25 CLTV.

Instead of moving, why don’t you make your existing home your dream home? You may have more value in your home than you realize! Take advantage of your increased market price and save big with our low interest rate HELOC for a whole year. Access to your money is easy and our home equity loans are flexible enough to fit your specific needs for home improvements, bill consolidation, college tuition, a family vacation or whatever you may need.

FOR A LIMITED TIME – Special loan interest rate is good for 12 months for applications closed now through June 30, 2025. We have HELOC rates as low as 6.49% APR1 for up to 80% CLTV2, as well as 6.99% APR1 for up to 90% CLTV2.

Get Started Calculators

To speak to a Credit Union of Denver Loan Specialist, give us a call 303.202.5659 | 800.280.0234 or email us at loans@cudenver.com. 

Couple sitting down after painting

HELOC

A Home Equity Line of Credit (HELOC) is a form of revolving credit in which your home serves as collateral. You qualify for a certain amount and draw on it as you need and pay back the amount in payments like you would a credit card.

  • $0 Annual Fee
  • $0 Closing Costs, in most cases (an appraisal may be required at member’s expense)3
  • 80%-90% CLTV2 (Combined Loan to Value)
  • Access funds via credit card or check
  • Ability to re-use funds as you pay down the balance
  • 1% Repayment Terms
  • 10 Year Draw Period and 10 Year Repayment Period (20 years total)

“Our C·U·D HELOC was perfect for updating the outside of my home. After spending so much time at home lately, I had time to design and update my 1970’s home. Now it reflects the craftsman style that I love and gravitate toward!”

Michele L. - member since 2014

HMDA Disclosures. Credit Union of Denver NMLS#417000. Equal Housing Opportunity. Standard HELOC Disclosures.

1 6.49% & 6.99% APR (Annual Percentage Rate) are promotional rates & are good on new HELOC applications submitted through June 30, 2025. With approved credit. Not all borrowers will qualify for the best rate. 6.49% APR not to exceed a 2 Combined Loan to Value (CLTV) of 80%, 6.99% APR not to exceed 90% CLTV. HELOCs have a loan term of 10 years and a repayment term of 10 years. Promotional rate is good for 12 months from closing date. Variable annual percentage rate (VAPR) will apply after promotional period ends and is based on credit worthiness at time of application. Best rate is 0.50% [“Margin”] below Wall Street Journal Prime Rate “Index”] subject to the floor rate of 6.00% and ceiling rate of 18.00%. For example, standard rates of 7.00% up to 13.50% VAPR are current as of 05/19/2025. Rates are subject to change after the promotional period ends. No closing costs in most cases, but an appraisal fee and/or title insurance (approximate cost $0 - $3,000) may be required at member expense. Not available on refinance of current Credit Union of Denver (C·U·D) mortgage loans. Owner occupied, insured Colorado properties (property insurance required) only.
Equal Housing Opportunity. C·U·D membership of $5 is required. Credit Union of Denver reserves the right to withdraw this offer at any time without notice. HELOC Disclosures 80% CLTV.  HELOC Disclosures 90% CLTV.

2 CLTV = Combined Loan to Value