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Flex-Line HELOC

Put your home's equity to work with a Home Equity Line of Credit.
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Already a Member? Apply Within CU Online

Kitchen in the middle of a renovation Counters and doors are off and drawers and cabnets are exposed

    Low rates and affordable payments for big plans.

    You bought your home, you’ve been making regular payments, and you’ve built up equity. Now it’s time to put that equity to work for you.

    Lower your HELOC closing costs with Member Rewards points.

    Take $100 off your HELOC closing costs for every 12,000 Member Rewards points you redeem. Simply let your loan officer know that you’d like to redeem points to lower your costs.

    Apply for a HELOC Loan

    Man and woman renovating kitchen surfaces

    Minimum redemption amount is 12,000 points for a savings of $100 towards closing costs. Points must be redeemed in increments of 12,000.

    Home Equity Line of Credit Rates

    Home Equity Line of Credit APR as Low as1
    Flex-Line HELOC – 80% loan-to-value 3.49%
    Flex-Line HELOC – 90% loan-to-value 5.99%

    1APR = Annual Percentage Rate.
    Rates effective as of January 1, 2022.
    HELOC rates are variable and subject to change monthly.
    The maximum APR is 18%. Closing costs can range from $50 - $3,000.
    Interest-only payments only available for loans approved at 80% LTV.
    Rates are based on an evaluation of your credit history and other factors, so your rate may differ.
    All loans subject to approval. Speak to a loan officer for details.
    Membership Required.

    Finance your plans with home equity.

    Home Equity Lines of Credit allow you to borrow against the equity in your home to finance virtually anything, from home projects to travel and more. You can draw on your credit as needed up to an approved amount, over a specific period of time, then pay it back at a low, variable interest rate.

    Apply Now

    View of a workbench with a drill, pliers, hammer and other tools showing a home renovation project

    See how much equity you have.

    Use our calculator to determine the available equity in your home.

    Common Questions About Home Equity Loans.

    See All FAQs

    How do I access the funds in a Home Equity Line of Credit?

    You may transfer available funds from your line of credit to your checking account in CU Online or on the Wings Mobile App.

    Are there closing costs for a Home Equity Line of Credit?

    Wings will waive closing costs of up to $300 with a $10,000 initial draw (excluding appraisal if required).

    Is the interest on a home equity loan or line tax-deductible?

    A portion of your interest may be tax-deductible (consult your tax advisor).

    What’s the difference between a Home Improvement Loan and Home Equity Line of Credit?

    A Home Improvement Loan is a one-time installment loan at a fixed rate, providing a single lump sum and predictable monthly payments over the loan’s term.

    A Home Equity Line of Credit is a revolving, variable-rate line of credit you can draw on as is needed, over a time frame of up to 10 years.