Home Equity Line of Credit (HELOC)

HELOC - Pelican Stock.jpg

Turn your home’s equity into an affordable line of revolving credit that is simple to use — apply once and make withdraws as needed!

Your home is built on a strong foundation. A home equity line of credit (HELOC) is built on a strong working relationship between Pelican State Credit Union and you. Not only do you get low rates, you get an open end line of credit. That's less paper to push and more personal discretion. You control how much to spend and when. Unless, of course, your spouse has some say in it.

Benefits
  • Great low rates
  • Only pay interest on what you use
  • Interest may be tax deductible*
  • Use funds for any purpose
  • Re-access as needed without re-applying
  • Loans range from $25,000 - $250,000
  • Local decision-making
  • Personal service
  • Talk to a community-driven credit union

*Consult a tax professional.