HELOC $150 Bonus

$150 HELOC Bonus

Get the $150 bonus when you fund a home equity line of credit. 

Apply Now

Home is Where the Value Is

Now is the time to take advantage of the equity in your home - what major project, payment, or expense do you need help paying? Is there a loan you've considered, but the interest rate is stopping you? Your home's value (and BECU) is here to help.

Consider a BECU HELOC

  • Variable rates as low as 5.09% APR1
  • Up to 3 fixed-rate advances on a HELOC2
  • No origination fee when applying for a new HELOC or transferring your loan to BECU
  • Loan amounts up to $500,000

Already have a HELOC? Double-check your interest rate against BECU. The lower your rate, the more you're saving every month.

Applying is easy - it just takes minutes and can be done through your Online Banking by clicking the Apply for Credit Card & Loans tab or by applying at a location near you. Plus, when you fund a new BECU HELOC, you'll get a $150 bonus.3

You can also learn more about home equity lines of credit.

1You must open and maintain BECU membership with a Member Share or Member Advantage savings account; not all applicants will qualify. Financing is subject to credit approval and other underwriting criteria. The specific credit limit will be determined based on information obtained while processing your application, which includes, but is not limited to: your credit report, your income, occupancy, and available equity in your home; not all applicants will qualify. BECU must be able to perfect a first or second mortgage lien on your one-to-four family residence. During the credit advance draw period, payments equal monthly payments of interest, subject to the lesser of $100 or your balance and the principal is not reduced. At the end of the draw period, your monthly payments will increase equal to the principal and interest amount necessary to pay the loan balance over the remainder of the loan term amortized over 180 months. 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). Additional state or local mortgage fees or taxes may apply. A reconveyance fee is charged to remove BECU from the property's title when a HELOC is paid off and closed. Reconveyance fees are paid to prepare and record the Reconveyance with the county in which the property is located and varies by county. Reconveyance fees are not BECU fees and are not waivable. Loan programs, terms, and conditions are subject to change without notice. An Automated Value Model (AVM) may be obtained in lieu of an appraisal at no cost to applicant. 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. The rate for the Home Equity Line of Credit (HELOC) is based on the highest Prime Rate as published in the Wall Street Journal as of the date of any rate adjustment plus a margin. Current HELOC rate is as low as 5.09% APR as of 7/1/2019 and is subject to change. APRs do not include costs and rate may vary monthly (maximum 18% APR) and are subject to increase after account opening upon default. The actual rate may be higher than the advertised rate for loans exceeding 70% combined loan-to-value (CLTV) or if you have lesser creditworthiness. Rates are subject to change without notice and assume a borrower with excellent credit.

2The rate for a Fixed Rate Advance (FRA) is as low as 5.09% APR as of 7/1/2019 and is subject to change. You may convert all or a portion of your outstanding HELOC variable-rate balance to a FRA. The minimum outstanding balance that can be converted into a FRA is $5,000 from a HELOC account. No more than three FRAs may be open at one time. Contact a BECU representative for current information. NCUA and EHOL included in email template.

3Offer only valid 7/23/2019 - 9/23/2019 to those who received direct communication from BECU. Only new Home Equity Lines of Credit, with limits of $10,000 or greater, are eligible for the offer.  Application for eligible loans must be received by 9/23/2019.  $150 offer will be credited within 60 days of funding for eligible Home Equity Lines of Credit into associated savings account with BECU and may be reported to the IRS on form 1099MISC at year end. You must be a BECU member in good standing at the time of promotion payout to receive the bonus deposit. 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 offer. BECU reserves the right to terminate this offer at any time.