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Home Equity

With a Listerhill Home Equity loan or line of credit, you can use the credit in your home to borrow at lower interest rates and buy what you need.

Listerhill offers the no fee, low interest rate home equity loan that you’ve been looking for. Call us at (256) 383-9204 or 1-800-239-6033 to schedule an appointment with a mortgage loan officer to get started.


  • No application fees
  • No transaction fees
  • No yearly maintenance fees
  • No closing costs
  • One time application
  • Tax deductible interest*
  • Minimum initial credit advance = $10,000
  • Minimum future credit advance = $500
  • 10-year draw and 10-year repayment period (20 years total)
  • Minimum monthly payment - $15.00 for every $1,000 (based on the outstanding balance at the time of your most recent advance)
  • Variable interest rate based on the weekly auction rate of the 26 week T-bill + 3%
  • Special checks that allow you to access your credit line up to the approved limit – anytime, anywhere

How Much Can I Safely Borrow Against My Home?

Empower yourself to make smart financial decisions. Use our calculators to figure how much you can afford to borrow, how much interest you will pay over the life of a loan and more. Read our short guides to learn tips and terms that will help guide you through the buying and borrowing process.

*Consult your tax advisor regarding the deductibility of interest.

Equal Opportunity Lender. Loans subject to normal credit approval. All loan rates quoted as Annual Percentage Rate and are subject to change without notice. Home loans are available on primary residence only. Borrow up to 90% of tax appraisal value. (Member pays for appraisal).


While we hope you find the information you need online, we want to remind you that Listerhill is more than a website. We’re your credit union, and we look forward to helping you. Call us at (256) 383-9204 or 1-800-239-6033 for friendly, local assistance. Better yet, stop by one of our branches for some personal service.