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Personal Guidance From First Call to Closing

Our dedicated team is available to walk you through the process and help you make the most of your home equity loan or line of credit.

No Application or Origination Fee1

At Navy Federal, we don’t charge application fees or origination fees on our equity loans.

Get Exclusive Offers With the Senior Enlisted Reward Program2

Senior Enlisted Personnel (E7 through E9) Active Duty or Reservists for all military branches and Coast Guard or National Guard can receive a $250 loyalty card with a new home equity loan or line of credit, plus special credit card offers and membership referral bonuses.

Navy Federal Servicing for the Life of Your Loan

Navy Federal provides servicing for the life of your loan. Our stateside member reps are available to answer your questions.



Home Equity Lines of Credit are variable-rate lines. Rates are as low as 8.250% APR and 9.250% 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. 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.


Proof of rank will be required to verify program eligibility. The senior enlisted program member must be the primary borrower on the loan to be eligible. The loyalty card will be mailed within 4-6 weeks after you close on a first mortgage purchase or refinance loan, or an equity loan or line of credit. One loyalty card allowed per closing. There are no restrictions on the number of loyalty cards a member may receive. Recipient is solely responsible for any personal tax liability arising out of the acceptance of this offer. Offer may expire anytime without prior notice. Certain product exclusions may apply; ask your loan officer for details. Offer not available to Navy Federal employees when used in conjunction with employee discount.