Home equity line of credit

A home equity line of credit from Everence Federal Credit Union allows you to borrow up to a set amount of money for use over an extended period of time.

Apply online Check loan status

Couple remodeling kitchen


Tap into your home

for 6 months;


30 year HELOC - interest only

Available with a 10-year draw period, with interest-only payments for the first 10 years.

  • Borrow up to 90% of the value of your property
    Your total amount depends on your credit score and the amount of the loan.
  • Minimal closing costs
    Most applicants receive up to $300 toward closing costs.2 Title insurance is generally not required.
  • Property types
    We work with conforming, nonconforming and unconventional properties.
  • Flexible underwriting
    We understand that each borrower and every loan is unique.
  • Stated assets
    For many requests, we do not verify assets other than the value of the property.
  • No credit score
    We use many forms of nontraditional credit references.
  • Servicing
    Everence Federal Credit Union does its own loan servicing, which allows for flexibility in term, payment options and other factors.
  • Insurance requirements
    We accept all forms of Amish Aid and Mutual Aid policies.

Apply for a HELOC loan online 

Use our online application to apply for a HELOC loan, or contact your local branch to discuss your options.

Apply online Check loan status

Everence Federal Credit Union

2160 Lincoln Highway E., Suite 20
Lancaster, PA 17602
Call or text: 800-451-5719
F: 717-735-8331
E: infocu@everence.com

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Find an Everence Federal Credit Union near you.

Home equity loan

Interested in a fixed-rate loan instead?

A home equity loan is a one-time loan on your home. Everence Federal Credit Union offers fixed-rate loans. 

Learn more


 Everence Federal Credit Union, NMLS #403410

1 The introductory and sample variable annual percentage rate (APR) are based on new financing with an amount of $25,000 with an initial draw of $10,000 at loan closing and are current as of 6/1/2020. Applications are subject to approval. The variable rate APR adjust monthly based on the prime rate published in the Wall Street Journal on the last business day of the month, plus a margin based on loan-to-value and creditworthiness. Your APR will depend on credit and loan terms. Maximum APR is 18 percent. Offer limited to first and second mortgage liens on a one to four family residential property. Property insurance and/or flood insurance may be requested.

2 A credit of up to $300 will be applied toward closing costs for home equity lines of credit of $25,000 and above. If the home equity line of credit is closed within the first 24 months, the credit will be charged at payoff.