HELOC Rates as Low as 2.49% APR***

A home equity line of credit (HELOC) is a revolving credit line secured by the equity in your home. Take advantage of our low rates to fund home improvements, consolidate debt, pay for education and more. 

For your convenience, Spirit Financial Credit Union offers you access to your line of credit by simply writing a check for your expense, or logging into your online account and transferring the money directly into your Spirit Financial checking account. 


Home Equity Line of Credit Features

  • No closing costs

  • No annual fees

  • No inactivity fees

  • 10 year draw period, 15 year repayment

  • Borrow up to 90% of the current value of your home****

  • After promotional period rates as low as 4.00%*****

Home Equity Line of Credit Rates

Effective Date (10/1/2019) and Rates Subject to Change.

Balance Tier APR*
Up to 90% Market Value Financing**** Introductory Rate as low as 2.49%***

Have questions or want to know which type of home equity loan product is best for your needs? Speak to a Spirit Financial Credit Union loan officer at (267) 580-0230 or stop by our branch.



***APR= Annual Percentage Rate. Rates are for qualified borrowers and are based on the creditworthiness of the individual. Actual rates may be different than the rates shown. Minimum APR is 4.00% (prime rate minus 1.00%), maximum APR is 18%. As of 10/1/19 the Prime Rate was 5.00%. Introductory rate will be in effect for six (6) billing cycles from credit line open date. After the introductory discount period expires, the variable rate is subject to change monthly.

**** Borrow up to 90% of the current value of your home, less any outstanding liens, based on credit worthiness. For LTVs over 80%, 1.25% will be added to the rate.

***** After promotional period rates as low as 4.00% (Prime minus 1.00%) and the maximum rate is 18% and is based upon credit worthiness. As of 10/1/19 the Prime Rate was 5.00%. Introductory rate will be in effect for six (6) billing cycles from credit line open date. After the introductory discount period expires, the variable rate is subject to change monthly. For LTVs over 80%, 1.25% will be added to the rate.