Freedom, Flexibility, and No Closing Costs!

Use the equity you've earned with Langley's Home Equity Lines of Credit (HELOC).

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 5.99% for 7 years.[1] 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

Enter Loan Amount
5.99% APR [1]
12 Year Fixed Rate HELOC 2 Year Draw

Enter Loan Amount
6.74% APR [1]
17 Year Fixed Rate HELOC 2 Year Draw

Enter Loan Amount
7.24% APR [1]
22 Year Fixed Rate HELOC 2 Year Draw

Enter Loan Amount
7.49% APR [1]
40 Year Variable Rate HELOC 20 Year Draw 1% of Current Balance 5.50% APR [2]

Frequently Asked Questions About Home Equity Lines of Credit

Can I talk with someone at Langley before I apply for a home equity line of credit?

Yes, any Financial Service Representative can help discuss these loans and your options.

Visit The Branch Nearest You Or Call 757-827-5328.

What do I need to apply for a HELOC?

We've simplified our loan process down to only the most essential information. Here's what we need to know:

  • Borrower Information - The basics about you. If you’re not already a member, open a Langley membership online or at a local branch.
  • Property Information - The basics about the property you want to finance including your current homeowners, flood insurance policies, and mortgage statement.
  • Income - What you make. For most borrowers this will be paystubs covering the last 30 days. For self-employed borrowers, the two most recent years of tax returns are requested.
  • Liabilities - What you owe and to whom. We will run a credit report to confirm liabilities and fill in that section of the application for you. (You'll have a chance to review and make any corrections.)
  • Declarations - A few more questions to complete your application.
What are the tax advantages of a home equity line of credit?

Please consult your accountant for tax advantage questions.

Can I really use a HELOC for anything?

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.

[1] 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.

[2] Annual Percentage Rates (APR) are variable and determined by credit history.