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Great Introductory HELOC Rates

Mom and daughter playing and dancing.

It’s time your house paid you.

Open a new Home Equity Line of Credit (HELOC) and get an introductory rate of 2.99% APR for the first 12 months. Plus, pay no closing costs except appraisal if needed. After 12 months, your ongoing variable rate will apply, currently 3.99% – 6.25% APR.

Amount UsedSample Monthly Payment
$20,000$150
$30,000$225
$60,000$450

Get Started


All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Homeowners insurance is required. A $345 early closure fee is applied if the loan is closed within the first 24 months. Estimate appraisal cost is $850 and is subject to change. Maximum loan amount is determined by the amount of equity in your home. Equity in your home is based on appraised value. The APR includes only interest and no other costs and is based on the value of an index. This index is the Prime Rate published in the Wall Street Journal and could change at any time. Sound will use the most recent Index available to us as of 5 days before the date of any change to the Annual Percentage Rate. To determine the Annual Percentage Rate which will apply to your account, a margin will be added to your current Index rate. Home equity line of credit has a variable rate feature and an APR (corresponding to the monthly periodic rate) and the minimum payment may change as a result. In no event will the Annual Percentage Rate be less than 3.99% or more than the lesser of 18% per annum or the maximum rate allowed by applicable law. Borrow up to 90% of appraised value. For 81%-90% of appraised value, borrow up to $50,000 maximum for Home Equity Loans and Home Equity Lines of Credit. Rate and offer are subject to change at any time. Mortgaged property must be in Washington, Oregon, or Idaho. Must be a Sound Credit Union member to participate. Anyone who lives or works in WA can join. Offer subject to change at any time. 2.99% introductory APR available for 12 months after the loan is funded. At the beginning of the thirteenth month, your regular rate will go into effect. Minimum monthly payment may change as a result of rate changes.

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