Home Equity Loans - Lending | IAA Credit Union - Bloomington IL

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Home Equity Line of Credit

Whether your basement requires extensive repairs or you're eager to modernize a kitchen stuck in a bygone era, a home equity line of credit (HELOC) provides the financial support for your project

What is HELOC?

HELOC stands for Home Equity Line of Credit. It is a line of credit secured by the equity in your home.

Access available funds at any time
Rates start as low as .25% under prime
No annual fee!
Interest-only payment option*
Advances are available via check, online banking, or through one of our branches

*available upon approval

Utilize a HELOC for:

Home Remodel
Unwanted Credit Card Debt
Financing Your Child’s Education
And more!

Start an application.

Apply Now
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Here are our featured HELOC rates.

*Annual Percentage Rate

**80% and 90% Home Equity Line rates are variable rate based on prime that change monthly. 80% LTV lines are Prime -.25% 90% LTV lines are Prime + 1.00% LTV = Loan to Value

Very fortunate to have worked with IAA Credit Union staff to purchase my office building. They were very helpful and made the process easy. What attracted me to go with them was the fact that the closing fees were a lot lower than your regular lenders and the service and flexibility were amazing. David was very helpful with his guidance and direction. He took the time to drive from Bloomington to Woodstock to see the building. I love my new place!! Thank you, IAA for making this possible.

Rosa L., Woodstock, IL
IAA Credit Union (IAACU) commercial lending and services have been a great partner for Ropp Jersey Cheese. We have worked with David Warren and their commercial lending staff on a number of financial tools to help our business navigate and grow through the economic craziness of the past 4 years. Unlike dealing with larger lending institutions, IAACU is able to have a much more personalized service approach in strategizing our business needs as well as prompt decision-making and follow-through.

Ken R., Normal, IL
In an increasingly impersonal world, IAACU’s lending team demonstrated genuine care for my financing needs. David was able to creatively construct my loan with no collateral, at below market rate! I’m grateful to have their ongoing services as my business continues to expand.

Trey B., Medford, OR
Highly recommend IAA Credit Union if you’re considering financing or refinancing your car(s). I just refinanced my 2 vehicles with IAA and I shaved so much time off of our original loans while only adding a few extra dollars onto our monthly payments. Noah was timely, helpful with answers to questions, and made the process super easy!
Paige A., Bloomington, IL
David Warren and the Commercial Loan Team are great to do business with. As a Financial Representative, and now Financial Advisor for COUNTRY Financial for the last 10 years, they have helped me with loans. Even though I live in Georgia, they are easier to deal with than a local bank or credit union. I feel like they are part of our team at COUNTRY Financial and I am glad that I have them as a resource.

Shawn B., Warner Robins, GA
YOU AND YOUR COUNTRY CLIENTS have access to David Warren and IAA Credit Union Commercial Loans! As an Agent/Rep, this is a differentiator for your business! I have my loans through IAA and never found a company more competitive or easier to do business with! David and I have worked together on loans for over 12 years. I highly recommend you give him a call for all your Commercial Loan needs!

Jon V., Bloomington, IL
Brian was great to work with! Made the process easy and it was incredibly fast with outstanding loan terms!!

Jason W; Appleton, WI

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