Loan vs. Line of Credit

Loans and lines of credit each offer unique benefits. Find out which type of financing will help you carry out your plans best.


*As Low As APR - First Lien, 5-year maximum loan term.  With Credit Approval.  Rates are subject to change without notice. Membership required.


Home Equity Loan Home Equity Line of Credit
Funds available in simple lump sum Yes No
Funds available anytime without reapplying No Yes
Revolving credit – as principal is repaid, more becomes available for use No Yes
Ideal for short-term or one-time needs Yes No

Ideal for ongoing or seasonal needs

 No  Yes

Loans subject to approval. Additional terms, conditions, and restrictions may apply. Capitol Credit Union Membership required.

*APR is Annual Percentage Rate based on credit worthiness. The home equity line of credit APR is variable and is based on the highest Prime Rate published each month-end in The Wall Street Journal Money Rates Table (the "Index"), +/- a margin based on credit worthiness. The maximum APR is 18.00%. If necessary, additional fees may be required for title search, appraisal fee, lien recording fee and/or title company closing costs and document preparation fees. For more details Click Here


Account Details
  • Competitive rates for several short-term or recurring needs:
    • Education expenses
    • Major life events
    • Home remodel projects
    • Debt consolidation
    • And more
  • The existing equity in your home is used as collateral backing
  • Term loan and line of credit options available
  • Accommodating repayment terms that work uniquely for you
  • The interest paid might be tax deductible**
  • Local Central Texas decision-making and processing
  • Helpful, customized service throughout the entire process

Home Improvements — Ahead of Schedule

Can’t wait to cook in your cutting-edge kitchen? Get up to $25,000 for home improvements the same day you’re approved — without putting up any collateral.

Rapid Funding Home Loan

You've Made It This Far

Apply for your home equity loan today.


*With Approved Credit. Rates are subject to change without notice.

**Interest on your Home Equity or HELOC loan may be tax-deductible - please consult your tax advisor regarding the deductibility of interest.