Home Equity Line of Credit

Put the equity in your home to work for you.

Benefits of a Langley HELOC:

  • No closing costs*

  • Rates as low as PRIME+0%**

  • Fast turnaround

  • Possible tax advantages***

       

Take a well-deserved vacation, make home improvements, or fund a college education. With a Home Equity Line Of Credit from Langley Federal Credit Union, the possibilities are endless.

Let us help you find the rates and options that best match your needs.

Get started today

Complete the information requested below and upon receipt a representative will contact you within one business day.

Begin the HELOC Process

Prefer to begin the process in person?

Complete the HELOC Application form and take the completed form to a branch to get started.

woman with house in hand

Helpful HELOC Tips

       

What to bring to your loan interview.

To help us process your loan quickly, please bring the following items with you at the time of your loan interview:

  • The HELOC Statement of Information sheet included in the package download.
  • Your completed HELOC application included in the package download.
  • A current pay stub or Leave and Earning statement. If self-employed, two (2) previous years' Federal Income Tax Returns and Current Profit and Loss Statement (year-to-date).
  • Your most recent mortgage statement. If you have more than one mortgage, please provide a statement for each mortgage.
  • A copy of an existing Deed, or Deed of Trust.
  • Your current city or county Property Assessment statement.
  • A copy of your Hazard Insurance policy.
  • A copy of your current first mortgage note.

The online application process is available for use on mortgages for property within Virginia or North Carolina.

* We'll pick up the closing costs typical to the Hampton Roads area on lines of $15,000 or more with an initial advance of $10,000. A no annual fee VISA Gold Card is offered with the HELOC featuring a limit up to $20,000. Your credit limit is based on your home's value, less any mortgage balance or balances.

** Rates range from Prime+0% to Prime+3% based on your Loan-To-Value and other factors. The interest rate on the line of credit is variable based on the Prime Rate published in the money rate column of the Wall Street Journal — currently   APR — plus a margin and is subject to change. Floor of 5.25% APR, ceiling of 15% APR. Property insurance required. Some restrictions may apply. Membership eligibility required.

*** Consult your tax adviser for details.