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Home Equity Offer

You’ve spent years building equity. Here’s how to make it work for you.

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You’ve been smart with your money, making thoughtful decisions that have helped you build equity in your home over time. As you continue to pay down your mortgage and your home’s value grows, you’re creating more than just a place to live—you’re building meaningful equity.

That kind of progress can open the door to new possibilities with a Home Equity Line of Credit (HELOC).

Whether you’re renovating your kitchen, covering a major milestone, or consolidating debt, a HELOC gives you flexible access to funds exactly when you need them. Even better, it works alongside the financial foundation you’ve already built, and you only pay interest on what you use.

Benefits of a Power Financial Credit Union HELOC

Up to $1,000 Toward Closing Costs*

PFCU pays up to $1,000 toward closing costs on new lines and refinances — for both first and second lien positions.

2 Thoughtfully Designed Options

Choose between the Hybrid HELOC for early rate certainty, or the traditional HELOC for full-term flexibility. Either way, you're in control.

Competitive Rates

As a not-for-profit credit union, we return value to our members — not shareholders. That means rates designed with your financial wellbeing in mind.

Total Transparency

No hidden fees. No surprises. The same straightforward, member-first experience you already expect from us.

Why Access Your Equity?

Your home equity is one of your most valuable financial assets, and accessing it doesn’t have to feel like a complicated or uncomfortable decision. A HELOC simply gives you a line of credit backed by the equity you’ve already earned, available to draw from when and if you need it.

For members who’ve spent decades making careful, considered financial decisions, a HELOC from PFCU is a natural extension of the relationship you already have with us. You don’t have to start over with a new institution or explain your financial history from scratch. We already know you, and we’re here to help you take this step with confidence.

  • Up to $1,000* toward closing costs, regardless of lien position
  • Available as a first or second lien—we work with your existing mortgage situation
  • Draw only what you need, when you need it
  • Interest may be tax-deductible (consult your tax advisor)
  • Manage everything through Online Banking and our highly-rated Mobile App
Apply Now

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Choose the HELOC That’s Right for You

Products

HELOC

Tap in to this line time and time again for any reason at all. A Home Equity Loan (HELOC) provides variable rates that are usually lower than credit card rates and you can borrow funds as needed for 10 years.

Hybrid HELOC

Get a line of credit that gives you 10 years of low-cost borrowing power and access credit lines of $10,000 and more. Take advantage of a fixed rate for the first 3, 4, or 5 years before it converts to variable.


How to Get Started

Step 1

Assess Your Equity

Take stock of how much equity you've accumulated in your home. If you'd like guidance, our lending team is happy to walk you through it.
Step 2

Apply Online or In Person

Apply at your own pace — online in minutes, or in person at a branch if you'd prefer a more personal conversation.
Step 3

Access Your Funds

Once approved, your line of credit is available through Online Banking or our Mobile App whenever the right moment arrives.
Get Started

"Excellent client services as well as a great staff, always professional and smiles all around!!"

Jose T.

FAQs about HELOCs

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A Home Equity Line of Credit is a revolving line of credit secured by the equity you've built in your home. Unlike a lump-sum loan, a HELOC gives you the flexibility to access funds as you need them — drawing, repaying, and drawing again over the course of your draw period.
Both products give you flexible access to your home equity. The Hybrid HELOC offers a fixed rate for the first 3–5 years before transitioning to variable—a good fit if you want certainty during the period you're most likely to draw on the line. The traditional HELOC carries a variable rate for the full term, which suits members who prefer simplicity and ongoing flexibility from day one.
Power Financial Credit Union pays up to $1,000* toward closing costs on new HELOCs and refinances, regardless of lien position. We'll walk you through any remaining costs clearly and completely before you make any decisions.
Yes. Both products are available in first and second lien positions. Our lending team will work with your existing mortgage situation to find the right structure for you.
Your line of credit is accessible anytime through Online Banking, our Mobile App, or at any branch location.
Yes, your HELOC will appear in Online Banking and our Mobile App, giving you a complete picture of your finances in one place.

Want to Talk It Through First?

Visit Us Call: 800-548-5465 Get Started

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Page Disclaimers

*Credit Union pays up to $1000 toward closing costs on new lines and refinances regardless of lien position. Member will reimburse the Credit Union if loan is closed within 48 months.