Is your home in need of a facelift or repair? Do you want to finally build that addition, deck or pool? Do you have a large upcoming expense such as a wedding, education, or medical?
Langley's HELOCs make it easy to tackle any size project or large expense. And now with Langley's Interest Only Payment, you can keep your monthly payment low while withdrawing money as needed from your HELOC during the 2-year draw period on fixed rate products.
Fixed rate HELOCs start as low as 6.49% for 7 years. You never have to worry about increasing rates! There is no minimum balance required, which means you have the flexibility to withdraw money as needed throughout the draw period and you only pay what you owe.
|Loan Type||Draw Period||Monthly Payment||Rate
(As Low As)
|7 Year Fixed Rate HELOC||2 Year Draw||6.49% APR |
|12 Year Fixed Rate HELOC||2 Year Draw||6.99% APR |
|17 Year Fixed Rate HELOC||2 Year Draw||7.99% APR |
|22 Year Fixed Rate HELOC||2 Year Draw||7.99% APR |
|40 Year Variable Rate HELOC||20 Year Draw||1% of Current Balance||4.99% Promo APR |
Yes, any Financial Service Representative can help discuss these loans and your options.
We've simplified our loan process down to only the most essential information. Here's what we need to know:
Please consult your accountant for tax advantage questions.
Yes, a HELOC can be used for many different things, including but not limited to; paying for a vacation, consolidating debt, and renovating your home.
 The Annual Percentage Rates (APRs) are fixed rates with a LTV of 80%, and will not increase during the life of the loan. Rates and terms are subject to change without notice. Available to members with a credit score of 740 or better depending on credit qualifications. Credit is subject to approval. Some restrictions may apply. Property insurance, and if applicable, flood insurance is required. Possible tax advantages, consult your tax advisor. Federally insured by NCUA.
 The fixed promotional Annual Percentage Rate (APR) is based upon the Wall Street Journal Prime Rate (“Prime”) minus a discount. Available to members with a credit score of 710 or better depending on credit qualifications. Credit subject to approval. Some restrictions may apply. The promotional APR will apply during the first 12 months following the opening date of your account. After the promotional period ends, any remaining balances will automatically convert to the variable APR per the terms of the HELOC agreement. Current rates of a 40-year Variable Rate HELOC are 8.25% APR-13.00% APR and are subject to change without notice. Rates as of May 09, 2023. Property insurance and if applicable, flood insurance is required. Possible tax advantages, consult your tax advisor. Federally insured by NCUA.