Borrow whenever you want. Do whatever you wish.
Fill out one application. After it's approved, you can access funds time and again without repeatedly asking us. Get money for serious matters like home repairs or medical bills - or use cash to buy a car, take a trip, plan a wedding or do anything else that makes you happy.
- Texas residents may qualify for a credit limit up to 80% of their home's fair market value (The limit is 90% for South Carolina residents)
- No restrictions on how funds may be used
- Easily access money with checks, through Online and Mobile Banking and at HFCU locations
- Variable interest rate - lower rates than most loans because your home is used as collateral
- Pay interest only on the amount you've actually borrowed
- As you repay the credit line, funds may be used again for other purposes
- For more information, read our FAQs
Must be eligible for Houston Federal Credit Union membership and open a share savings account with a $5 minimum deposit in order to become a member and obtain any product or service.
APR is Annual Percentage Rate. Normal credit criteria apply. Rates for approved loans are based on the applicant’s credit history. Stated “rates as low as” apply to well-qualified applicants. Loan term, loan to value (LTV) and/or down payment, for example, may vary based upon your credit history. Other restrictions may apply and rates are subject to change without notice. Maximum APR not to exceed 18%. Talk to a loan officer for details.
Texas and South Carolina HELOCs: The member will pay all normal closing costs which include the following fees: title search, recording fee, release of lien, flood determination, and credit report. Additional fees such as any necessary title insurance, appraisal, survey, mobile notary fee, and attorney fees will be the responsibility of the member. This is not limited to promotional periods.
Texas HELOC Disclosure: Minimum draw amount of $4,000. Maximum loan to value of 80%. Maximum credit line cannot exceed 80% of value of property. Texas residents are limited to establishing one home equity loan or home equity line of credit in a 12-month period. For details please call (281) 243-0500 or see a loan representative at any branch location.
South Carolina HELOC Disclosure: Maximum loan amount may not exceed the lesser of 90% of the taxed assessed value or 80% of a certified appraisal. Minimum credit limit of $4,000. Minimum first advance of $1,800. South Carolina residents are limited to establishing one home equity loan or home equity line of credit at one time. For details please call us toll-free at 1(866) 687-4328 or see a loan representative at our Greenville office.
Houston Federal Credit Union is a full-service financial institution serving Greater Houston, Texas, with branches in Sugar Land, Houston, Rosenberg and Missouri City, as well as Greenville, South Carolina.