Special HELOC Offer
Get the funds you need to tackle home renovation projects, plus an extra bonus*.Get Started
Your home is your retreat. It's your personal space. It's also one of the biggest investments you make in your lifetime.
Fund a HELOC. Get $150*.
Reinvest in your home with a home equity line of credit and enjoy a $150 bonus when you open a new HELOC of $10,000 or more. Simply use promo code PARTNERHELOC when you apply.
Upgrades at a Lower Cost
Turn your home into your dream home with the great rates a HELOC offers. Because HELOCs are tied to the equity in your home, they often deliver better rates than credit cards or personal loans. Accomplish projects big and small with the funds you need and a rate that fits your budget.
How a HELOC Works:
- Access funds by tapping into equity gained from your home
- Enjoy rates typically lower than traditional loans
- Withdraw funds during a "draw" period
- Option to delay principal payments until pay-back period
*Important information about this offer: Offer only available to Alaska Air Group employees and affiliates, Amazon employees, Greater Spokane Valley Chamber of Commerce members, King County employees, MultiCare employees, employees of eligible Passport-benefit companies, UW Alumni Association employees and members, and WSU Alumni Association employees and members. Affiliates are defined as: retirees and spouses/domestic partners of current and retired employees. Passport-eligible companies include: Allyis, Apple, Fortive, Foss, Franciscan Health, Bill & Melinda Gates Foundation, Genie-Terex, Gene Juarez, Genentech, Google, Hewlett Packard, Honeywell, Microsoft, Microsoft Alumni Group, Oracle, PATH, Physio-Control, Premera, Pokemon, RootMetrics, Rover, SAP/Concur, Seattle Genetics, Standard Insurance Company, Swedish Medical Center, T-Mobile, Verathon, Voicebox, WE Communications, Weyerhaeuser, WSCPA, and Zillow.
To be eligible for a Home Equity Line of Credit Affinity offer, you must apply for a new HELOC of at least $10,000 by 3/31/2020, fund by 06/30/2020, and use promo code: PARTNERHELOC. In addition, you must be a BECU member in good standing, comply with our loan program requirements, meet all the underwriting requirements, pay any applicable loan fees and execute all loan closing documents. Financing is subject to BECU membership, credit approval, and other underwriting criteria; not every applicant will qualify. Certain restrictions apply. BECU must be able to perfect a mortgage lien on your one-to-four family residence. Primary residence and second home/vacation property must be located in one of the following states: WA, OR, CA, AZ, KS, MO, IL, PA, ID and SC. Rental/Investment property must be located in Washington state. Insurance to protect the property against hazards (including flood insurance, if applicable) is required. Borrower is also required to pay for optional services (e.g. if borrower retains an attorney that borrower is not required to use). In South Carolina, where the law requires use of an attorney, BECU will be solely responsible for paying all attorneys' fees and costs necessary to open the HELOC, and will perform this responsibility fully by paying all reasonable attorneys' fees and costs related specifically to the closing based on rates typically charged by attorneys in the local market for the closing of similar HELOC transactions. Additional state or local mortgage fees or taxes may apply. BECU will deposit $150 into your BECU savings account 60 days from the date the HELOC originates. Said deposit may be reported to the IRS on form 1099MISC at year end. This offer cannot be used to refinance, in whole or in part, any BECU home equity loan or line of credit. Fixed rate advances obtained on existing HELOCs are also excluded from this Affinity offer. BECU reserves the right to terminate this offer at any time. Offer expires: 3/31/2020.