Cluster of fantastical homes peeking out through the clouds

Make Your Dreams Happen with a HELOC

Use the equity in your home to fund what matters, with flexible access when you need it.

Check Your Available Equity

Midwestern man sitting in the clouds, dreaming about what his home equity could do for him

What is a HELOC?

A HELOC is a revolving line of credit that lets you access the equity you’ve built in your home.
Use only what you need, when you need it, and pay interest only on what you use.

Perks of a HELOC:
• Flexible access to your home equity
• Draw funds as needed instead of all at once
• Often lower rates than credit cards or personal loans
• Only pay interest on what you use

Use Your HELOC For:

  • CREATING A FINANCIAL SAFETY NET

    A HELOC can act as a backup plan, giving you access to funds when unexpected expenses come up, with interest only on what you use.

  • HOME IMPROVEMENTS & REPAIRS

    A HELOC gives you access to funds for repairs or upgrades like a roof, siding, or even a pool, so you can improve your home without draining your savings.

  • COVERING MAJOR EXPENSES

    For larger expenses, a HELOC lets you spread out costs over time instead of paying everything upfront or relying on higher-interest options.

Work With a HELOC Team You Trust

Already have your mortgage with us? Getting started may be more straightforward.
New to Notre Dame FCU or have your mortgage elsewhere? We’ll guide you through every step.

Make it Real When You’re Ready

You’ve already built the equity. Now see what it could help you do.

*APR is Annual Percentage Rate. Loan is subject to credit approval. HELOC is a variable rate 30-year loan: 10-year draw period and 20-year fully amortized repayment term. The variable rate will be Prime, Prime +0.50%, Prime +1.00%, or Prime +1.50% depending on creditworthiness and LTV (loan-to-value) percentage with a floor rate of 4.00%. The variable rate will be determined by using the highest U.S. Prime Rate published in The Wall Street Journal “Money Rates” table. The rate is effective on the first day of the billing cycle. Minimum loan amount of $10,000 required. Monthly minimum payment is the interest due each period.

†Notre Dame FCU will pay up to $1,000 in closing costs associated with a Home Equity Line-of-Credit. These costs may include appraisal, flood certification, title search and filing fees. If loan is paid and closed within 36 months, the early termination closing cost recoupment fee is the lesser of credit union third-party fees or $1,000. Contact a Notre Dame FCU representative for further details. NMLS #405299.