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

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 7.750% APR 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 maximum APR of 18%. For loan amounts of up to $250,000, closing costs that members must pay typically range between $300 and $2,000. The closing costs depend on the location of the property, property type, and the amount of the Equity Line. Members may borrow against their available credit line for a period of 20 years, after which any existing balance must be paid in full within the following 20 years. Rates are subject to change—information provided does not constitute a loan commitment.

Home Equity Lines of Credit are available for primary residences, second homes and investment properties. Primary residences are owner-occupied, principal residences only. Second home properties must be owner-occupied at some point during the year. Investment properties are non-owner occupied.

All lines for amounts less than $25,000 require a 1.00% increase in APR.

Second home lines require a 1.00% increase in APR and may be subject to other restrictions.

Investment lines require a 2.00% increase in APR with a maximum line amount of $100,000 and a maximum CLTV of 70%.

You must carry homeowners insurance on the property that secures this plan.

Home Equity Lines of Credit are not available in Texas.

Lifetime Floor: The minimum APR that can apply during the Home Equity Line of Credit Plan is 3.99%. Our Home Equity Line APR varies based on the U.S Prime Rate and is updated to the published rate in the Wall Street Journal on the first workday of every month.


Special offer available for new applications on equity loans, equity lines of credit and first mortgage purchase loans only. The Navy Federal Loyalty Card will be mailed to you within six weeks after your loan closes with Navy Federal. Certain product exclusions may apply. One offer per closing. Senior enlisted member must be the primary borrower on the loan to qualify. Offer not available to Navy Federal employees when used in conjunction with employee discount.