Opportunity is All Around You

Get a 0.25%¹ Discount

on a Home Equity Loan or Home Equity Line of Credit

Unlocking your home’s potential to cover your financial needs has never been easier!

To be eligible for the 0.25% APR discount, you must maintain at least $1,000 in qualifying monthly direct deposits and have automatic payment transfers setup from your Value Checking account.

Ready to get your 0.25% APR Discount?

Already have a Value Checking account? Great — you’re just a few clicks away from unlocking competitive rates and flexible borrowing options.

Apply for a Home Equity Loan Now

Don’t Have a Value Checking Account?

No worries — you can open one in minutes! Once your account is set up and you’ve added Direct Deposit, you’ll be all set to come back and apply for your Home Equity Loan or HELOC and get your discount.

Open a Value Checking Account

Want to find out more about how a Home Equity Loan or Home Equity Line of Credit (HELOC) can help you?

Visit Home Equity Loans and Line of Credit page for more information

What our members say

First Entertainment is the best place for me to be. They’ve done a great job meeting my needs.

— Neal Z., Prop Master Read the full member story

What our members say

Being a creative and working on productions, we may have large checks, and First Entertainment makes it easy and worry-free to mobile deposit on the go.

— Rae A., Wardrobe Stylist Read the full member story

What our members say

First Entertainment is an ideal financial partner because the Credit Union understands the constant flux of the entertainment industry.

— Devin H., Set Lighting Technician Read the full member story

What our members say

It’s important that a financial institution understands the unique needs of the industry it serves in an equitable and empathetic way, and First Entertainment does that well.

— Shari H., Director DEI Operations Read the full member story

What our members say

First Entertainment made the mortgage process painless for someone in the industry who has non-traditional work hours and pay history.

— Karen S., Makeup Artist (IATSE Local 706) Read the full member story

Disclosures

1: You must maintain at least $1,000 in qualifying monthly direct deposits into your Value Checking account to be eligible for the listed benefits. The qualifying direct deposits must come from a payroll source added to an active First Entertainment Value Checking account. Home Equity Lines of Credit (HELOCs) and Home Equity Loans (HELOANs )are limited to one initial grace period of 90 days from taking out the loan to meet the direct deposit requirements. Advantage, Youth, and Business Checking accounts do not qualify. Proceeds from the HELOC loan must be set up in a First Entertainment Value Checking account and meet the direct deposit requirements stated above within 90 days of funding the loan to qualify for the discount. Should you not meet this requirement, you will not be eligible for the listed benefit during the life of your loan, and the rate will revert to the fully indexed rate of the loan. Offer is valid on new HELOC and HELOAN applications that fund on or after April 1, 2025. Loans funded prior to April 1, 2025 do not qualify for this offer.

First Entertainment offers Home Equity Loans on owner-occupied single-family primary residences for loan amounts from $25,000 – $500,000. Maximum loan amount is $250,000 if over 80% combined loan-to-value (CLTV). The maximum CLTV for Home Equity Loans on a non-owner-occupied property is 60% with loan amounts from $25,000 – $250,000.

First Entertainment offers HELOCs on owner-occupied single-family primary residences for loan amounts from $25,000- $500,000 up to 80% of your combined loan to value (CLTV) and for loan amounts from $25,000 to $250,000 up to 90% CLTV. The Maximum CLTV for HELOCs on a non-owner-occupied property is 60% with loan amounts from $25,000 to $250,000.

The First Entertainment HELOC is an adjustable-rate loan. The HELOC rate, based on the current Prime Rate as published in the Wall Street Journal (the Index) plus a Margin. Current HELOC rates are available here or by calling the Credit Union at 888.800.3328. Loan origination fees ranging from $300 to $600 for opening a HELOC may be charged.

Certain terms and conditions may apply. Contact the Real Estate department at 888.800.3328 for details.

Membership eligibility rules apply. Federally Insured by NCUA.


: Equal Housing Opportunity