EECU will be closed Monday, May 27 in observance of Memorial Day.
With home prices on the rise, the equity in your home may be growing as well. We have several ways to help you unlock the equity in your home, and put it to use for sprucing up your house, putting in a pool, paying for college, or consolidating balances on high interest rate credit cards.


Key features

  • No Application Fee
  • No Annual Fee
  • A mortgage advisor dedicated to your home loan
  • An easy, and friendlier, online application

We Offer Homeowners Insurance

As your friends and neighbors, we care about your personal well-being and security when the unexpected happens. That’s why EECU offers homeowner and rental insurance plans.^

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^ EECU's insurance services are provided through CU Financial Group, LLC, an independent insurance agency. Insurance products are not insured by the NCUA and are not products of obligations of, or guaranteed by, EECU or North Texas Financial Services, LLC d/b/a EECU Insurance Services (EECU's wholly owned credit union service organization).

* 15-day timeframe is measured from the receipt of all requested documentation. To get cash in as little as 15 days, (i) the stated income, property, and title information you provided in your loan application must match your documents and any supporting information collected and (ii) the loan amount must be equal to or less than $249,999. Actual time of funding may vary. EECU members get their cash on average in 26 days. The average time period calculation to get cash is based on the last 4 months of 2021-22 fundings, excludes weekends and holidays, but includes the government mandated 3-day right of rescission. In Texas, there is a 12-day cooling off period on all Home Equity Lending. Closing Loan to Value cannot exceed 80%. Valid only for Home Equity Lines of Credit involving owner occupied, single family detached, primary residences. No closing cost options are available for loans equal to or less than $249,999. Property insurance is required, including flood insurance where applicable. If an appraisal or title insurance are required, you will be responsible for those costs. All loans are subject to credit approval and EECU lending policies. Some restrictions may apply. Call (817) 882-0181 for information on rates, closing costs and other terms and conditions. Membership in EECU is required. This is a limited time offer and is subject to change at any time without notice.


Get Cash in as Little as
15 Days*
with a Home Equity Line of Credit

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Home Equity Line of Credit1


  • Need flexibility, but don’t know how much you need? Then a HELOC might be the best option for you. With a HELOC you can use the funds when you need them and payback only what you spend.

Home Equity Loan (2nd)1

Fixed APR***

Loan to value, up to: 80%

  • Do you know exactly how much money you need? A Home Equity Loan might be the choice you’re looking for. Lock in a fixed rate and a monthly payment.

Home Improvement

Fixed APR***

Loan to value, up to: 95%

  • Are you ready to build a new pool, expand your outdoor living space, or renovate your kitchen? A home improvement loan with low interest rates and flexible terms may be the choice for you.

Accessing your home’s equity doesn’t have to be complicated
especially if you know the steps to take ahead of time.

  • The Home Equity
  • Explore Your Options
  • Apply & Submit
  • Close Your Loan

Step 1: Explore Your Options

Whether you know the exact amount you need, or you want a line of credit for things you may need later on, you can get either with EECU.

Step 2: Apply & Submit

We've made it easy to apply, track your progress, upload documents and communicate with your Mortgage Advisor. You can speed up the process by having documents like proof of income and details about your property, ready before you apply.

Step 3: Close Your Loan

Your big day is finally here – it’s closing time! Time to sign your loan documents. Once you’re finished, you’ll be able to access your loan or line of credit funds within a few days.

Meet Our Friendly Mortgage Advisors

When you want a personal touch, our team of personal Mortgage Advisors are here for you and all your mortgage needs. Real People, Real Conversations.

Meet our Mortgage Advisors

Understanding Mortgages

Being informed means you’re empowered to make smart financial decisions. And by making smart financial decisions, you’ll avoid common mistakes, save more, and invest better. Understand what it takes to do what’s best for you and your loved ones.

Mortgage Literacy

Real members. Real stories.

The Sailsbury Family

We had been saving for years to buy our first home, but when we found the house we had always wanted, we thought we couldn’t afford it. I called EECU and was told that we qualified for their new 100% Financing Program. Now it is our home! Thank you to all of the EECU team that helped our dreams come to fruition!

The Sailsbury Family
New Homeowners

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** APR means Annual Percentage Rate. The APR for this Home Equity Line of Credit (HELOC) is variable and is based on the Prime Rate as published in the Money Rates section of The Wall Street Journal (the “Index”) plus a margin. As of 05/04/2023, the Index value is 8.25% and the margin rate is 0%. An increase in the Index will result in an increase in the periodic rate which, in turn, will result in higher payments. In no event will the APR increase by more than 2% in any one year, not to exceed the lesser of 18% APR or the maximum rate allowed by applicable law. 

*** APR means Annual Percentage Rate. Your final APR may vary based upon customary fees and closing costs which are included in your final APR. Rates and terms are subject to change without prior notice; other restrictions may apply. EECU home loan programs are only available in Texas.

1 HELOC & Home Equity Loans Disclosure:
Total debts against the homestead, including HELOCs, are limited to 80 percent of the fair market value of the homestead. 30-year term only available for fixed rate, first liens. Borrower will be responsible for certain closing costs. If required, these closing costs may include title insurance, appraisal fee and survey costs. Hazard insurance is required. Home Equity Loans and HELOCs are subject to credit approval. Rates and terms are subject to change without notice. All EECU mortgage loans are available only on property in Texas. Second Position Home Equity loans and HELOCs are available on your primary residence only. As a safeguard, a 12-day cooling-off period is required by Texas law before Home Equity Loans or HELOCs may be closed. There is also a three-day right of rescission after closing before the funds may be disbursed. Minimum loan amount for a Home Equity Loan is $20,001.00. For HELOCs, a minimum $4,000 draw amount is required. No draws are allowed on a HELOC when the HELOC balance is greater than 80 percent of the fair market value of the homestead, as determined when the HELOC was originally granted (even if additional credit limit is available).

HELOC Minimum Payment Requirements: Your minimum monthly payment will be calculated after each credit advance, and will be $14.00 per $1,000.00 of the outstanding balance after each advance rounded up to the nearest $1,000.00. Your payment amount will remain the same unless you obtain another credit advance. We will recalculate your payment each time you obtain an advance. Ex: a HELOC with $50,000 balance will require a $700 payment at the time of the draw ($50,000 balance ÷ 1,000 = 50 x $14 = $700).

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

Official Credit Union of TCU Athletics