​Home equity line of credit



Borrow anytime against the value of your home

Money at your fingertips

Get anytime access to money for purchases and projects

Unexpected expenses

Be prepared for unforeseen events and costs.

Home renovations

Upgrade your kitchen or finish your basement.

Recreation and travel

Fund your fun whether you fish, snowboard, or mountain bike.

Consolidate debt

Combine all of your debt into one manageable payment.

A revolving fund you can borrow from anytime

Access up to 65% of your home’s value to fund large or unexpected purchases

Use your Home Equity Line of Credit (HELOC) to help run your home smoothly. Whether you need to upgrade your kitchen, replace a leaky roof, pay off a credit card, or fund a Hawaiian holiday, your home equity line of credit is there when you need it.


  • Flexible options
    • Anytime access
      Borrow on your schedule with no set term length
    • Pay interest only when you borrow
      Interest is only charged on the amount you borrow
    • Payment frequency
      Make a minimum monthly payment, plus additional payments anytime
  • Features
    • Secured against your home’s equity
      Get approved faster and get a better interest rate with a secured line of credit
    • Lower interest rates
      Based on your situation, the variable interest rate can be much lower than a credit card
    • Quick and easy application process
      Fill out an application online and we’ll contact you to complete the process
    • Receive an annual cash rebate
      Earn cash on interest paid during the previous calendar year through memberSHARE*


*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.


Personal line of credit

Your line of credit is always there to help pay for expenses between paycheques or ongoing renovation projects

Easy access to funds to pay for what you need.

  • Competitive interest rates
  • Interest only payments on what you owe
  • Line of credit protection insurance options available

More line of credit features

memberSHARE
Loyalty Program

Eligible for annual product bundle payments and cash rebates on loan interest*
Made to fitMake payments only on what you borrow
Pay your line of credit
off any time
Make payments any time with no penalty and save on interest
Payment protectionGet insurance to cover your payments in case of the unexpected

Apply now Book an appointment

*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.


memberSHARE eligible

Earn when you borrow
Lines of credit are memberSHARE eligible. Earn cash bonuses every year when you bundle qualifying products. 

"I got over $250 this year just for doing my banking at ACU."

- Rochelle B.

Member stories
The Gills’ home renovation made room for baby #3

Rick and Rachel Gill fell in love with their 3-bedroom home as soon as they saw it. It was a perfect fit for their family of four, until their third child arrived and they needed another bedroom. Not wanting to move, they enlisted the help of Aldergrove Credit Union to finance their renovation with a home equity line of credit. With the addition of a fourth bedroom, they fell in love with their forever home all over again.

Talk to an advisor  

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Choose Aldergrove Credit Union

Earn cash back

Earn bonuses and rebates on products, plus dividends on equity shares paid annually.

3,600+ ATMs

Access your money across Canada with over 3,600 free ATMs and six local branches.

Digital banking tools

Budget, bank and learn using online and mobile banking solutions 24/7.

No-limit banking

Get excited to save and spend with affordable account options including unlimited transactions.

How to reach us

Email

Send us an email and get a response within one business day.

Call

Monday - Friday
8:30 am - 5 pm
Saturday 8:30 am - 3 pm

Meet with us

Book an appointment with a
Financial Advisor.

Visit a branch

Stop by any branch and we promise you’ll get a smile.

Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.

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