Residential Equity Loans

Save money with competitive rates on an affordable loan for any use you decide.  And, the interest may be tax-deductible, lowering your yearly income-tax bill.

If you want to consolidate bills, pay for college tuition, obtain investment capital, or purchase other assets, an Alaska USA Residential Equity Loan is a good source of funds.  With this loan, you borrow money against the equity that has built up in your home.


Residential Equity Loans are available for properties located in Alaska and Washington.

The loan may be secured with a second deed of trust for your primary residence. The loan may be secured with either a first or second deed of trust on second homes or non-owner occupied residential properties.

Owner-occupied single-family, detached homes, two to four units, zero-lot line properties in Planned Unit Developments are acceptable as collateral.

Appraisal fee approximately $400 - $750.

Loan program information Alaska | Washington