To continue enjoying all the features of Navy Federal Online, please use a compatible browser. You can confirm your browser capability here.

Borrow What You Need When You Need It

Borrow What You Need When You Need It

From renovations to unexpected expenses, a HELOC could offer flexibility. Our APRs are as low as 8.750%!1

What's a Home Equity Line of Credit (HELOC)?

A HELOC is a credit line, like a credit card would offer, that uses the equity in your home as collateral! It lets you borrow funds as needed, up to a set maximum credit limit. And, you only have to repay the funds you use.

Home Equity Line of Credit

Our HELOC1 offers flexibility. That's why if you expect to have ongoing expenses, this option is for you! Borrow as you need, when you need it, up to your maximum credit limit.

Loan Details:

  • Convenient access to your funds with the included Home Equity Line Platinum Credit Card3
  • Borrow up to 95% of your home’s equity2
  • Min/max loan amount: $10,000 - $500,000
  • Variable rate based on the U.S. Prime Rate
  • No application, origination, annual or inactivity fee1
  • Interest-only option available1


APR as low as: 8.750%


20-year draw period, followed by 20-year repayment period

Additional HELOC rates and terms are available. Call us at 1-888-842-6328.

Common Uses of Home Equity Lines of Credit

  • Home Improvements
  • Emergency Fund
  • Medical Expense
  • Debt Consolidation

See What Our Members Have to Say 

"Great company. Made the process very easy and enjoyable. Highly recommend to all my friends."4

-Navy Federal Member James

Accessing Your Funds Is Easy

The Navy Federal Home Equity Line Visa® Platinum Card is a convenient way to make purchases with your equity line.

Learn More about the Home Equity Visa Platinum card


Processing times are currently estimated to take 45 to 55 calendar days to close on a new home equity loan or HELOC once we receive your application. However, closing times vary based on many factors, so check with your Equity Processor early in the process to better understand when you can expect to close. Learn more about the process and how to apply here

Visit our rate page to view today's HELOC rates.

Calculate Your Loan Amount 

Our home equity calculator can help you estimate how much money you could get with a home equity loan or line of credit.

Crunch the Numbers about our homebuying journey

Home Equity Resources

View MoreHome Equity Resources

Have a question or need help?

Stateside member reps are here for you 24/7. Reach us online, over the phone or at a branch. Contact us.

If you're ready to apply for an equity loan or want to check the status of your loan, please call us at 1-877-573-2324.



Home Equity Lines of Credit are variable-rate lines. Rates are as low as 8.750% APR and 9.750% for Interest-Only Home Equity Lines of Credit and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, line amount, and occupancy, so your rate may differ. The plan has a minimum APR of 3.99% and a maximum APR of 18%. Members who choose to proceed with an Interest-Only Home Equity Line of Credit may experience significant monthly payment increases when the line of credit enters into the repayment phase. For line amounts of up to $250,000, closing costs that members must pay typically range between $300 and $2,000. Closing costs are costs paid to third parties rather than an application or origination fee retained by Navy Federal. The closing costs depend on the location of the property, property type, and the amount of the Equity Line. Rates are subject to change—information provided does not constitute a loan commitment. You must carry homeowners insurance on the property that secures this plan. Home Equity Lines of Credit are not available in Texas. Applications for a Home Equity Line of Credit include the Home Equity Line Platinum Credit Card. Checks are available as an additional or alternative access to funds. Please refer to your Guide to Benefits for further details about the Home Equity Line Platinum Credit Card.


Some restrictions may apply. The maximum CLTV for primary and second properties is 95% and for investment properties is 70%. Factors that may impact the amount of equity that can be borrowed include evaluation of credit history, CLTV ratio, occupancy, and loan amount.


Navy Federal offers the option to decline the included Home Equity Line Platinum Credit Card and/or to request checks to access funds.


The views expressed in the reviews are solely those of the individuals posting them. The testimonials are substantively the words of the individual reviewer, but may have undergone minor clerical revisions to ensure readability, add context, or protect private information. Any imagery displayed is for decorative purposes only and is not necessarily associated with the reviewer.