Jump to main content

Home Equity Credit Lines

A home equity line of credit (“HELOC”) is another way to unlock the value of your home you own.  The HELOC provides flexibility and works best when you may not need to borrow everything at once or the amount you need may change.  Examples include ongoing home improvement projects and financing college education.

You can draw on the HELOC for 10 years and your monthly payment is a percentage of the amount borrowed, so you only pay for what you use.  Members find the HELOC attractive because it provides maximum borrowing flexibility.

The HELOC has a variable rate subject to change based on prime rate and offers a lower introductory rate.

Apply Rates