Home Equity Line of Credit

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Start the application process for a HELOC online

Download HELOC Application

Get free information from the Federal Reserve

Homeowner's Insurance

Put the equity in your home to work for you. Whether it's a well-deserved vacation, home improvements, or a college education. With a Home Equity Line Of Credit from Langley Federal Credit Union, the possibilities are endless.

Enjoy the following benefits:

— No closing costs*

— Rates as low as PRIME+0%**

— Fast turnaround

— Possible tax advantages**

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

  1. The HELOC Statement of Information sheet included in the package download.

  2. Your completed HELOC application included in the package download.

  3. 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).

  4. Your most recent mortgage statement. If you have more than one mortgage, please provide a statement for each mortgage.

  5. A copy of an existing Deed, or Deed of Trust.

  6. Your current city or county Property Assessment statement.

  7. A copy of your Hazard Insurance policy.

For more information, visit your nearest LFCU branch or call the Contact Center.

* 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.