Home Equity Line of Credit

Tapping into your home’s equity can be a great solution to fund your next project or expense. Consolidate your debt, pay on college tuition, fund your dream vacation, or use the power of your home’s equity to tackle your most desired home improvement projects. With a HELOC, you pay back what you decide to borrow out of your approved line of credit.

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Home Equity Rates – Line of Credit

Amount Term APR* as low as
 New Line of Credit up to $150,000 6 months 1.99%
 Line of Credit thereafter Prime*** + 0
(resets monthly)
8 yr draw
10 yr repayment
Rate will not go below 3.50% after 6 month introductory

* APR = Annual Percentage Rate. All rates are based on “A+” credit and includes .25% autopay discount. Rates based on Wall Street Journal Prime Rate. Home secured loans require homeowners and fire insurance.  Other insurances may be required on Home secured loans, please speak with a Senior Member Service Rep for more information. Home Equity Line of Credit rates effective 8/1/2023. All rates are subject to change without notice.

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What is a Home Equity Line of Credit?

A home equity line of credit is an open-ended loan that allows you to borrow multiple times over the life of the loan, up to your credit limit. With a HELOC, you can pull whatever funds you need, when you need them. You will only pay back what you borrow. This type of loan is great for annual expenses such as college tuition, or ongoing projects where costs may change or fluctuate like home remodels and repairs. From paying for that dream vacation or even consolidating your debt, your home’s equity can get it done.

Our Home Equity Lines of Credit feature:

  • The ability to borrow against the equity you’ve built in your home
  • Variable interest rates
  • Multiple years of access to the funds
  • Easy application process