Home Equity Lines of Credit

Home Equity Lines of Credit

Sunward's Home Equity Lines of Credit do not require you make an initial advance. After you've begun taking advantage of your available credit, any interest you pay may be tax deductible.** Your payment is recalculated with each draw, and you only make payments on the amount you borrow.

• 20 year term
• Low closing costs
• Rates capped for your peace of mind
• No pre-payment penalty

Non-Owner-Occupied Equity Lines of Credit

If you are a real estate investor, our Non-Owner-Occupied Equity Lines of Credit are an effective way to pay for property repairs, upgrades, or anything else you need. Rather than borrowing one lump sum, you can draw on your Lines of Credit for each expense. Your payment is recalculated with each draw and you make payments only on the amount you borrow. Jumbo loans are available; ask us for details.

• 15 year term
• Low closing costs
• No pre-payment penalty

Home Equity Lines of Credit Access Card

Request a Home Equity Lines of Credit Access Card for a convenient way to draw from your Home Equity or Non-Owner-Occupied Lines of Credit. Easily withdraw cash from an ATM, purchase smaller items such as materials and tools, or use it for larger expenses such as home renovation, appliances, furniture, and more.

To request a Home Equity Lines of Credit Access Card for your account, visit any Sunward branch or call us at 505.293.0500 or 800.947.5328.

* Introductory Annual Percentage Rate (APR) of 3.99% for owner-occupied properties and 4.99% for non-owner-occupied properties for six months from closing. After the introductory period, the APR will be variable. As of 10/19/2026, the APR that would apply without the introductory rate is as low as 7.229% for owner-occupied properties and 8.300% for non-owner occupied properties based on the applicable index, margin, and borrower qualifications. The maximum APR will be 7 percentage points above the fully indexed rate determined at loan origination. Closing fees may apply and vary based on individual circumstances. These may include administrative, origination, appraisal, title insurance, and other applicable fees. Non-owner-occupied HELOCs may also be subject to a loan fee equal to 1% of the credit line. All applicable fees will be disclosed prior to closing. Applications must be submitted through December 31, 2026. The six-month introductory period begins at closing. Delaying your first advance or draw will not extend the promotional period. Available for qualifying owner-occupied and non-owner-occupied properties. Credit is subject to approval; the rate after the introductory period depends on borrower qualifications; not all applicants will qualify for the lowest post-introductory rate. Additional terms, conditions, and restrictions apply.

** Consult your tax advisor regarding tax deductibility.