Standard variable APR after the introductory period.

7.74 %
APR

Fixed Rate Advance

* See important details about rates, costs and other costs

Special Introductory Rate Offer

Make an application for a brand-new home equity line of credit (HELOC) and get a fixed rate as low as 5.99% APR3 for six months when you apply by October 15, 2025.1 After the initial period, your rates will range from 7.74% to 10.59% variable APR based upon your credit.2 This deal is restricted to owner occupied residential or commercial properties.

Features & Benefits

HELOC enables you to gain access to money by obtaining versus your home's equity. HELOCs are excellent for home improvement projects, financial obligation combinations, and paying continuous expenses in time. BECU's HELOCs provide:

- Low-interest-only payments throughout 10-year draw period
- Option to lock in your rate on as much as three loan amounts3
- Loans approximately $500,000.
- No appraisal costs, title insurance costs, file mailing fees, escrow charges.
- No origination charges, annual charge or application fee.
- Access to funds when you need them

Fixed Interest-Rate Advance3

You can get any sum up to your HELOC maximum at any time, nevertheless, there are advantages of securing the rate on larger amounts.

Here's how it works:

- Select any sum of $5,000 or greater (as much as the total of your loan quantity).
- You can have up to three various fixed-rate loans at one time.
- You choose the term of the loan approximately 15 years.
- Pay towards both principal and interest.4

Lock in your rate in Online Banking or come by a BECU area.

Contact BECU

Questions? Stop by an area, or schedule a time to speak to a BECU member consultant or give us a call at 844-BECULOAN (844-232-8562).

How do I gain access to funds?

Transfer can be made in Online Banking, by phone or at an NFC.

What's a HELOC variable rate?

BECU's HELOC interest rates are based upon the Wall Street Journal prime rate since the last day of the previous month plus a margin. The variable rate undergoes change with the change in prime rate.

Can I alter the rate from a variable to a repaired?

You have the alternative to lock in a fixed rate (minimum $5000) on all or any part of your variable rate balances at any time.

- Any part of the balances not converted to a set rate choice will continue to have a variable rate and minimum payment in addition to the fixed rate payment.
- You can have up to 3 set rate alternatives in location at any time.
- Locking in a fixed rate can be performed in online banking, by phone or at an in one of our places.

Is a HELOC interest tax-deductible? FIVE

The interest may be tax-deductible; nevertheless, the eligibility depends on different aspects. Please talk to your tax consultant.5

Related Content

BECU Answers Your Questions About HELOCs.
How Does a Home Equity Credit Line Work?
Home Improvement loans.
Home Mortgage Refinancing

1Financing is subject to BECU membership, credit approval and other underwriting criteria; not every candidate will qualify. Only your primary house certifies for this introduction APR. BECU should have the ability to best a very first or 2nd mortgage lien on your one-to-four family home. Borrower will not need to pay any in advance fees to open the HELOC in typical scenarios. Borrower is needed to spend for optional services (e.g., if Borrower keeps a lawyer that Borrower is not needed to utilize). In South Carolina, where the law needs use of an attorney, BECU will be solely accountable for paying all attorneys' fees and costs needed to open the HELOC and will perform this duty fully by paying all sensible attorneys' fees and costs associated specifically to the closing based on rates normally charged by lawyers in the local market for the closing of comparable HELOC deals. If the title report shows more than one existing lien, judgments, deceased owners or other title issues, or if the appraisal reveals problems with the subject residential or commercial property, however, then Borrower may be required to pay third celebrations to subordinate or otherwise deal with such title concerns and/or to repair or otherwise solve such residential or commercial property issues. These third-party charges may vary from approximately $150.00 to $775.00 based upon the specific scenario. This series of charges does not consist of estimates for the costs of home repair work. Additional state or regional mortgage fees or taxes may use. Borrower will be required to pay for risk insurance (consisting of flood insurance coverage, if relevant) throughout the regard to the HELOC. When the HELOC terminates, Borrower will be needed to pay a reconveyance cost of up to $327.50. This cost should also be paid when refinancing your existing BECU HELOC with a new HELOC - this fee goes through change at any time. Loan programs, terms go through change without notice.

2During the HELOC introduction duration your minimum payment amount might be less. During the introduction period and after, your monthly payment will equate to the amount of accumulated interest, subject to the lesser of $100 or your impressive balance. Because the minimum regular monthly payment during the draw period is interest only, your primary balance might not be decreased. At the end of the draw duration, your regular monthly payment will increase and equate to the amount of principal and interest required to pay off the loan balance by the end of the 180-month repayment period. Your payments during both the draw and payment periods will not consist of amounts due for residential or commercial property taxes and insurance. The APRs for BECU's HELOCs are variable and are based on the highest Prime Rate as published in the Wall Street Journal on the last day of the previous month plus an applicable margin. Current HELOC rates range from 7.74% APR - 10.84% APR since 4/15/2025 and undergo change. The maximum APR that can apply to BECU's HELOCs is 18%. APRs do not consist of costs aside from interest.

3The six-month initial deal uses to applications received in between 4/15/2025 to 10/15/2025. The APR for line of credit advances throughout the introduction duration will be 5.99% -7.99%, based on creditworthiness, for 6 months from date of account origination. After that, your APR will vary from 7.74% to 10.59% since 4/15/2025. This APR is based on the Prime Rate in effect on the last day of the previous month, plus a margin, but will never go beyond 18.00% or go listed below 3.25%. The APR for Fixed Rate Advances (FRA) presently varies from 7.74% to 10.59% as of 4/15/2025, the FRA APR will be the rate in impact when the FRA is established, which can just take place when the HELOC funds and an advance is taken. Your particular APR( s) is figured out by your creditworthiness and residential or commercial property.

4There is no distinction between the draw and payment durations for Fixed Rate Advances (FRA). Your regular monthly payment for any FRA will right away equate to the quantity of principal and interest needed to pay off the FRA balance by the end of the FRA's term.

5Information consisted of on this site does not make up legal or tax suggestions. Individuals should seek advice from their monetary adviser and/or lawyer for suggestions.