Home Equity

Whether it’s home improvements, a major purchase or debt consolidation, your home’s equity can be a smart financial resource for any project or purpose.

If you have any questions, please email us at consumerlendinginquiries@usffcu.org and one of our lending experts will be in touch soon.

Home Equity Line of Credit

A home equity line of credit (HELOC) gives you the flexibility you need to draw funds as you need them up to your available credit limit. As you pay down the principal balance, your available credit increases. There are no annual fees and your funds are easily accessible from digital banking. Classic or interest-only options are available. For a limited time, you'll pay no closing costs and 2.99% APR for the first 12 months.1

Classic HELOC
  • 10-year draw period.
  • Make payments only on the amount you use.
  • A portion of the payment is applied toward the principal every month.
  • 15-year repayment period.

Interest-Only HELOC

  • 10-year draw period.
  • Only pay the interest each month.
  • Interest-only payments will not be applied to the principal balance.
  • 20-year repayment period.
Apply Now

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Home Equity Loan

A home equity loan is a good option when you have a large expense and know exactly how much money you need. Your payment will stay the same every month and you’ll know exactly when it will be paid off.

  • Receive all your funds as one lump sum.
  • Make fixed payments over the life of the loan.
  • Choose a 5, 10 or 15-year repayment period.

Apply Now


We do business in accordance with the Fair Housing Act and Equal Credit Opportunity Act.
NMLS# 469322

1APR = Annual Percentage Rate. The APR is a variable rate based on the Wall Street Journal Prime rate plus a margin based on your credit history. This rate is subject to change. Maximum APR that can apply is 18%. After 1 year HELOCs currently have a rate of as low as 3.00% APR.  All costs are dependent on loan amount and loan to value and are subject to change.  A minimum $10,000 draw is required at time of closing and member agrees to keep loan with USF FCU for 36 months or borrower will repay closing costs paid by USF FCU. If full appraisal or title insurance is necessary all fees associated with those items are the responsibility of the member. The costs for appraisals and title and insurance range from $350 to $2110.

Home Mortgage Disclosure Act Notice: The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex and income of applicants and borrowers; and information about loan approvals and denials.  Inquire in our office regarding locations where HMDA data may be inspected.

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