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Apply for a Home Equity Loan in Seattle

Put the equity in your home to work (or play) for you.

When you open a home equity loan in Seattle , you can use your equity to fix up your home, cover major expenses, or consolidate debt. When you apply for a Sound Credit Union home loan in Seattle , you’ll experience the credit union difference with competitive rates and fees, tools and advice, and helpful service and support. Conveniently located, we hope you’ll stop by to experience the difference today!

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Flexible Options

Get one lump sum or borrow what you need as you need it.

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Flexible Terms

Up to 15 years on a Home Equity Loan.

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No Upfront Fees

No application fees, processing fees, or closing costs.

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Lower Interest Rate

On average, home equity loans offer lower rates than personal loans, student loans, or credit cards.

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Easy Access to Funds

Access your line of credit with your Equity credit card and checks.

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Potential Tax Savings

Interest paid on your home equity loan may be tax deductible.1

Money to fix up your fixer upper. Low-rate HELOCs.

You’re right where you’re meant to be. Make it perfect with a home equity line of credit.

Get started
Home Equity Loans Long form Text

Find your home equity loan.

  • Great if you: 

    Great if you: 

  • Access to Funds

    Access to Funds

  • Rate Type

    Rate Type

  • Terms


  • Borrowing Limits

    Borrowing Limits

Fixed Home Equity Loan

  • Great if you: 

    – Know exactly how much money you need
    – Want a consistent payment and rate

  • Access to Funds

    Disbursed to an account of your choice

  • Rate Type


  • Terms

    5 to 15 years

  • Borrowing Limits

    Up to 90% of your home’s value

    View rates

Home Equity Line of Credit (HELOC)

  • Great if you: 

    – Don’t know how much you need
    – Want flexibility in your borrowing amount

  • Access to Funds

    – Equity credit card
    – Equity checks

  • Rate Type


  • Terms

    10 year draw period with 15 years to repay

  • Borrowing Limits

    Up to 90% of your home’s value

    View rates

Get pre-qualified for your loan today.
Apply Online

Open your home equity loan in a few steps.

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Apply for your loan

Submit your application online or in a branch and find out what rate you qualify for.

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Submit documents and get an appraisal

To process the loan, we’ll need proof of income and property details. We’ll also send an appraiser out to your home.

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Get your funds

Once approved, you can access your funds from your Sound account, via check, or with an Equity credit card.

Discounts for Green Purchases

Receive an additional .25% off your rate when you use your home equity loan to finance qualifying energy-saving home improvements.

See what home improvements qualify »

Card Controls

Misplace your Equity card? Instantly lock your card and turn it back on using Card Controls, available in the Sound mobile app.

Learn about our mobile app »

Get the answers you need about Home Equity Loans

A home equity loan is a consumer loan secured by a second mortgage, allowing homeowners to borrow against the equity in their home. They are recommended to be used for long-term, ongoing expenses like home renovations, medical bills, or college tuition.

Sound Credit Union offers home equity loans. Learn More »

Home equity loans use the equity in your home – the difference between your home’s value and your mortgage balance – as collateral for the loan.

Sound Credit Union offers home equity loans. Learn More »

  • Heating and cooling systems
  • Windows
  • Water heating systems
  • Appliances
  • Insulation, air and duct sealing
  • Solar and wind energy
  • Skylights and suntubes
  • Xeriscaping – landscapes that need little watering
  • Gas conversions

Other environmentally-friendly projects will be considered on case by case basis.

Whether you’re looking to make a one-time payment, or set up a recurring payment schedule for your loan or credit card payment, we have options for you.

Making payments from a Sound savings or checking account:

  • Use Online, Mobile or Telephone Banking to make a one-time payment transfer.
  • Recurring payments can also be pre-scheduled in Online Banking.
  • Contact us in the way that’s most convenient for you and we’ll transfer the payment for you.

If you’re paying from an account at another financial institution:

Payments by Mail

Please include the last four digits of your account number and the loan number on your check.

Sound Credit Union
PO Box 1595
Tacoma WA 98401

Making payments to your Sound mortgage:

  • Make payments online through the Mortgage Payment Center
  • Send payments along with your monthly tear-off coupon to the address below
    Sound Credit Union
    Attn: Payment Processing
    PO Box 11733
    Newark NJ 07101‐4733

While many Sound loans allow you to defer the usual monthly payment, not all loans are eligible for Skip-a-Pay.

Loans eligible for Skip-a-Pay  

  • Credit cards
  • Vehicle loans
  • Personal loans

Loans not eligible for Skip-a-Pay

  • Real estate loans
  • Certificate-secured loans
  • Business loans
  • Payday Freedom loans
  • Balloon loans
  • Modified or restructured loans
  • Auto Advantage loans

Get pre-approved for a home equity loan.

Stop by a local branch
Find a branch
Get started now
Apply online
Call Us

Want to be money smart? We’ve got your back.


APR is Annual Percentage Rate. Maximum loan amount is determined by the amount of equity in your home, based on appraised value. Estimated appraisal cost is $750. Financing available on homes in the states of Idaho, Oregon and Washington. A $425 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Borrow up to 90% of appraised value. Sound does not do construction or land loans at this time.

Home Equity Line of Credit: Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. The minimum monthly payment may change as a result of rates changing. Contact the credit union for more details.
Using your home to secure a loan is a big decision and we want to make sure you’re comfortable with it. For that reason, when we receive your application for a Home Equity Line of Credit we’ll give you a copy of “What You Should Know About Home Equity Lines of Credit,” a consumer brochure published by the Federal Reserve Board. You may also obtain a copy of this brochure from the loan department at any time.

Introductory Rate: Property must be located in Washington State. Introductory rate available for twelve months after the loan is funded. At the beginning of the thirteenth month your regular rate will go into effect. Offer subject to change at any time.

¹Consult your tax advisor for details.