Home Equity Line of Credit (HELOC)

Use the equity in your home as a powerful source of funds to pay for college tuition and school expenses, remodel your kitchen or make other home improvements, consolidate debt, fund a vacation, cover medical expenses and more. You get flexible, easy access to your funds when you need them, and the interest may be tax deductible. (Consult your tax advisor for details.)

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Home Equity Line of Credit (HELOC) rates

Effective Date: Tuesday, May 20th, 2025

Loan type	APR (Low)*	APR (High)	Term
Home Equity Line of Credit (HELOC)	7.50%	9.50%	Draw period of up to 10 years. After draw, repayment term of up to 15 years.

Home Equity Line of Credit (HELOC) fees and closing costs

Effective Date: Tuesday, May 20th, 2025

Fee type	Essential	Enhanced	Premier
HELOC annual fee	$75	$50	$25
The HELOC annual fee is waived the first year. After that, the annual fee depends on your Member Merits category as shown in the table above.
Closing costs vary between $0-$2000. A HELOC loan is eligible to receive a $500 credit. The amount of credit cannot exceed total closing costs. HELOC offer details: Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed. See a Mortgage Loan Officer for further details. If appraisal is required, borrower(s) must pay for appraisal up front. Flood and/or property hazard insurance is required. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.

Fee type

Essential

Enhanced

Premier

HELOC annual fee

$75

$50

$25

The HELOC annual fee is waived the first year. After that, the annual fee depends on your Member Merits category as shown in the table above.

Closing costs vary between $0-$2000.

A HELOC loan is eligible to receive a $500 credit. The amount of credit cannot exceed total closing costs. HELOC offer details: Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed. See a Mortgage Loan Officer for further details.
If appraisal is required, borrower(s) must pay for appraisal up front. Flood and/or property hazard insurance is required. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.

Calculator - Home Equity Line of Credit (HELOC)

Depending upon the market value of your home, outstanding mortgage balance, credit history and other factors, you may qualify for a Home Equity Line of Credit (HELOC). Monthly payments on a HELOC are variable as they fluctuate with interest rate changes. Use this calculator to estimate your borrowing capacity on a HELOC. (Subject to underwriting guidelines, including limits on maximum loan to value.)

Is a HELOC right for you?

HELOCs are perfect if you have substantial equity in your home, want the flexibility of a line of credit at a lower interest rate, and want a quick and inexpensive way to access the equity in your home.

Learn more about home equity with these articles

Benefits of a HELOC

Monthly interest-only payments on balances advanced during the draw period
Annual fees based on member merits waived for the first year
Convenient access to funds by visiting a branch or through Phone Access Teller, online banking or HELOC checks
Lines of credit up to $400,000 depending on the amount of equity in your home
No application fee
Funds can be accessed for any purpose

Start your Home Equity Line of Credit today

Make your home owner dreams come true today using the equity in your home. We’re happy to answer your questions. Call us at 541-714-4000 or apply online.