Home Equity Line of Credit

Do you have ongoing expenses that you need funds to support?

With Belvoir’s Home Equity Line of Credit (HELOC) you may qualify for up to 90%2 of the equity in your primary residence (up to $400,000), or up to 80%2 of your secondary residence (up to $50,000)1 To figure out how much you may qualify for on your principal residence, take 90%2 of the value of your primary residence and subtract the amount you owe on your mortgage. The result is the maximum amount you may be able to finance.

Once you qualify for a HELOC, use what you need now and leave the balance for future expenses. You may also access your HELOC by just writing a check. Just request a book of LOChecks to take advantage of this option.

In addition, our HELOC rates are now linked to Prime, and Belvoir Federal pays ALL closing costs! Click here to View Demo

  • Your variable rate will be the current prime rate minus 0.05%
  • Revolving Line of Credit
  • No Closing Costs3
  • Check Access Available
  • Interest charges on your HELOC may be tax deductible (contact a tax advisor for more information)

1 If the secondary residence is a rental or investment property, the maximum credit limit is $50,000

2 Percentage may change or be adjusted to accommodate market conditions

3 Repayment of closing costs are required if loan is paid off/closed within 24 months.

Flood and /or property hazard insurance may be required.