Special Limited Time Offer
Beat the rate hikes and get the cash you need NOW!
1.90% APR* Introductory Fixed Rate for First 12 Months
4.00% APR* Current Full Indexed Variable Rate
*APR = Annual Percentage Rate. Approved credit required. Offer valid for New Money HELOC Accounts only. Does not apply to current HELOCs already financed at BFCU. Must have direct deposit and E-statements. Following the Introductory Period, your rate will change to our going rate of prime, with a floor of 4.00% APR. Maximum borrowing amount is $200,000 based on 80% loan to value. Minimum initial advance is $5,000. Subsequent minimum advances are $2,500. Variable APR is subject to change without notice. Maximum APR is capped at 16.00%. Property insurance required. No pre-payment penalties. Offer begins April 1, 2022 and ends May 27, 2022.
Variable Rate Home Equity Lines of Credit
Do you need funds for home improvements, college tuition, debt consolidation or other expenses? BFCU can help you borrow against the equity in your house.
You can borrow up to $200,000 against the value of your home, to be used for any purpose. Our Home Equity Lines of Credit work in the same way as our regular line of credit. You take advances (either in cash or transferable to any of your BFCU accounts) and as you make payments on the loan your available credit builds back up, leaving you with a ready supply of funds for any situation.
Don't have 80% equity in your home? Our 100% Home Equity Line of Credit may work for you!