1 The current rate as of 8/2/19 is 5.25% APR. The index for the Home Equity Line of Credit is the Wall Street Journal Prime Rate. We will use the most recent index value available to us as of the last day of the calendar quarter before the date of any annual percentage rate adjustment plus a margin of 0%. Maximum credit line is $200,000. The maximum APR that may be imposed is 18% in a variable-rate plan. No closing costs to first-time applicants (exceptions may apply). Otherwise closing costs could be up to $1,000. Property insurance required. Flood insurance is required if the property is located in flood zone
Prime Advantage Home Equity Line of Credit
A home equity line of credit (HELOC) is a revolving line of credit based on the available equity in your home.
A line of credit offers you more flexibility, including:
- A rate of Prime +0% for the life of the line
- The ability to draw on the line for 10 years and 15 years to pay it back
- Borrowing up to 90% loan to value ratio
- Access to funds in your line of credit for those "just in case" moments
Need help choosing the right option for you?
See Home Equity Loans & Lines of Credit-At-A-Glance for a side-by-side comparison of our Home Equity Loans and Lines of Credit.
It’s Easy to Apply!
- Apply Online
- Call a Member Services Representative at 888-436-1847
- Visit your local branch
Important Information