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Home Equity Line of Credit

What big expense is on your list? A big addition like a pool? A big project like a home renovation? A getaway to an exotic destination? We can help make it happen!  



Why a home equity line of credit?

  • It’s convenient and flexible – there’s no requirement that the money is used on your home.
  • Interest rates are typically lower than credit card rates.
  • You may save on your income taxes with an interest deduction. (Always consult with a tax professional before making tax decisions.)


Benefits of a home equity line of credit.

  • Savings of up to $300 in closing costs!1
  • Competitive rates
  • $5,000 minimum line of credit
  • Variable rate of interest indexed to the Wall Street Journal's Prime lending rate2
  • Payroll deduction, Bill Pay and transfer payment options available
  • No prepayment penalty 




1 On lines of credit in which the first draw is $15,000 or more. Some restrictions apply. Contact a Campus Federal representative for more details.

2 Rates are subject to change at any time. All rates are subject to credit approval. Additional fees may apply, including a one-time membership fee of $10 for a new member.