United Services Automobile Association (USAA) supports military families with a wide range of financial services, but unfortunately, they no longer offer home equity loans and HELOCs.
The good news? Military members and veterans can still access excellent alternatives to tap into their home equity for major expenses.
Note: Credit score requirements vary by lender, and you may need a higher score for larger lines of credit or to secure the lowest rates. If your score is higher than 580, see our highest-rated HELOCs for fair credit. Below 580, look into home equity agreements as an alternative.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
Navy Federal Credit Union and Armed Forces Bank are additional home equity lending options.
Military-focused alternatives to USAA home equity loans and HELOCs
If you’re a USAA member needing funds for a major expense, such as home renovations, college tuition, or medical bills, you’ll need an alternative to USAA’s discontinued home equity products.
Home equity loans and home equity lines of credit (HELOCs) can offer:
- Borrow against the equity in your home.
- Use funds for significant expenses.
Below, we’ll review the best military-focused alternatives to USAA’s home equity loans and HELOCs.
LendingTree
Why it’s one of the best
LendingTree’s HELOC marketplace lets you indicate if you or your spouse are military members or veterans during the application process, then tailors the results to you. Results like NAF and Amerisave provide special military offers.
The LendingTree marketplace an excellent option for fair credit borrowers who want to compare multiple lenders without the hassle of multiple applications. Its quick, no-cost prequalification process uses a soft credit inquiry, letting you explore rates and terms without impacting your credit score.
LendingTree’s platform also provides access to both HELOCs and home equity loans, giving you a broader range of options. While its network is limited to participating lenders, its emphasis on transparency and ease of comparison can simplify the search for affordable HELOC terms.
- Quick prequalification with no impact on your credit score
- Access to multiple HELOC and home equity loan offers
- No fees to use the platform
- Available in all 50 states + DC
- Limited to lenders in LendingTree’s network
- Does not disclose the full interest rate range of partner lenders
| Rates (APR) | Starting at 6.99% |
| Funding amount | $10,000 – $2 million |
| Repayment terms | 5 – 30 years |
| Availability | 50 states + DC |
Eligibility requirements
Varies by lender.
Navy Federal Credit Union
Why we like it for military families
For military families seeking an alternative to USAA’s discontinued home equity loans and HELOCs, Navy Federal Credit Union stands out as a strong option. As the largest credit union in the U.S., it caters exclusively to military members and their families with specialized financial services and competitive home equity products.
Navy Federal offers home equity loans and HELOCs with no application or origination fees—ideal for families looking to access their home equity affordably. These products include competitive interest rates, repayment terms of up to 20 years, and a generous loan-to-value ratio of up to 100%, making it easier to borrow the funds you need.
Under the Servicemembers Civil Relief Act (SCRA), eligible accounts benefit from a maximum 4% interest rate (APR), offering meaningful savings for active-duty members. For military families who relied on USAA for home equity solutions, Navy Federal’s combination of low rates, flexible terms, and military-focused benefits makes it a compelling alternative.
- No fees: No application or origination fees for home equity products
- Generous borrowing limits: Up to $500,000 with 100% LTV
- Flexible repayment terms: Choose between 5, 10, 15, or 20 years
| Rates (APR) | Starting at 7.34% |
| HELOC amounts | $10,000 – $500,000 |
| Repayment terms | 5, 10, 15, or 20 years |
Eligibility requirements
Navy Federal membership is open to the following:
- Army
- Marine Corps
- Navy
- Air Force
- Coast Guard
- National Guard
- Space Force
- Delayed Entry Program
- Department of Defense Officer Candidates and Reservists, veterans, retirees, annuitants, and family members of active duty, retired members, and veterans are also eligible.
Armed Forces Bank
Why we like it for military families
Armed Forces Bank offers military families a versatile alternative to USAA’s discontinued home equity products. With over a century of experience serving active-duty service members, veterans, Department of Defense personnel, and their families, this full-service bank specializes in financial solutions tailored to the unique needs of the military community.
Its HELOC features a six-month introductory rate of 4.99%, followed by a variable rate of 7.99%. Military borrowers can access up to $200,000 with an 85% loan-to-value (LTV) ratio, and amounts over $250,000 are available with LTV limits of up to 70%. The $50 annual fee is waived for those who set up autopay, and low or no closing costs make this an affordable way to unlock home equity for significant expenses, such as home improvements or medical bills.
While it doesn’t operate in Texas, Armed Forces Bank’s HELOC is a strong choice for military borrowers looking for an affordable way to access home equity with military-focused support and competitive terms.
- Introductory rate: Low fixed rate for the first six months
- Flexible limits: Borrow up to $200,000 with LTVs up to 85% or higher amounts with adjusted LTVs
- Affordable fees: $50 annual fee waived with autopay and low or no closing costs
| Rates (APR) | Starting at 5.99% for 6 months, then 7.74% variable |
| Draw period | 10 years |
Eligibility requirements
Armed Forces Bank offers a HELOC of up to $200,000 with a loan-to-value ratio of up to 85%. It also offers lines of credit of up to $250,000 with LTVs of up to 80%. While these limits are relatively low, it also lets you borrow up to 70% of your home’s value on loans over $250,000 with no specific limit on the loan amount.
Nonmilitary alternatives to USAA home equity loans and HELOCs
Military lenders cater to service members but don’t always offer home equity products. Exploring nonmilitary options may give you access to better features:
- Some banks, credit unions, and alternative lenders specialize in home equity products.
- You could find more competitive rates and terms outside military-focused institutions.
Below, we’ll explore the top nonmilitary alternatives to USAA home equity loans and HELOCs.
Figure
Why we like it for USAA members
For military families seeking a fast and modern alternative to USAA’s discontinued home equity products, Figure offers a tech-forward solution. Known for its quick funding and streamlined process, Figure’s HELOC allows borrowers to apply online and get funds in as little as 5 days—ideal for those who need fast access to their home equity.
Figure’s HELOC stands out for its flexibility and affordability. Borrowers can redraw up to 100% of the loan amount, choose from several repayment terms, and avoid prepayment penalties. It also offers a discounted rate for autopay enrollment, making it even more cost-effective, and the option for fixed-rate draws for repayment predictability. However, borrowers must draw the entire loan amount at origination, which may not suit those with fluctuating cash needs.
While not exclusive to military members, Figure’s rapid application process and competitive terms make it an excellent option for homeowners.
- Fast funding: Get funds within 5 days of approval
- Affordable terms: Fixed rates with discounts for autopay enrollment
- Flexible repayment: Terms of 5, 10, 15, or 20 years without prepayment penalties
- Generous limits: Borrow up to $400,000 with up to 95% LTV
| Rates (APR) | 7.45% – 16.15%* |
| HELOC amounts | $20,000 – $400,000 |
| Repayment terms | Draw: 2 – 5 years / Repayment: 5, 10, 15, or 20 years |
Figure’s innovative HELOC solution offers military families an easy way to unlock home equity for major expenses, with rapid access to funds and competitive terms. For those searching for a streamlined alternative to USAA, Figure provides an excellent tech-driven option.
Eligibility requirements
- Property must be a single-family residence, townhome, or planned urban development. Most condos are eligible properties
- Ineligible properties include co-ops, commercially zoned real estate, and others mentioned in the outline
- Title changes within the last 90 days or properties in below-average condition are also ineligible
- Eligible states: 49 + D.C., not available in Hawaii
- Maximum loan-to-value (LTV): Up to 95%
- Maximum debt-to-income: Up to 50%
- Minimum credit score: 640 (720+ preferred)
- Minimum income: Not specified
FourLeaf Federal Credit Union
Why we like it for USAA members
FourLeaf Federal Credit Union offers a competitive HELOC that military families can rely on to access their home equity affordably. While not exclusive to military members, FourLeaf serves members nationwide and has an easy membership process open to all, making it accessible for veterans, retirees, and active-duty service members seeking an alternative to USAA’s discontinued home equity products.
FourLeaf’s HELOC stands out for its affordability, with no application, origination, or appraisal fees, and flexible repayment terms. Borrowers with strong credit (VantageScore 720 and up) can secure an attractive 12-month introductory rate, followed by a variable rate.ⓘ Homeowners can borrow up to $1 million, but it’s worth noting that FourLeaf isn’t the fastest option, with their funding times typically being longer than many of their competitors.
- Affordable terms: Low 12-month introductory rate with no closing costs or feesⓘ
- Flexible borrowing limits: Loan amounts from $10,000 to $1 million
| Rates (APR) | 12-month fixed intro rate of 6.99% for qualifying borrowers; then 8.00% variableⓘ |
| HELOC amounts | $10,000 – $1 million |
| Repayment terms | Draw: 10 years / Repayment: 20 years |
FourLeaf Federal Credit Union provides an excellent HELOC option for military families seeking a low-cost and flexible alternative to USAA. While it lacks a military-specific focus, its generous borrowing limits and fee-free structure make it a solid choice for homeowners nationwide.
Eligibility requirements
FourLeaf doesn’t disclose every eligibility requirement, including which properties qualify and the income or DTI you need to be approved. However, several eligibility requirements are listed on the FourLeaf website:
- For FourLeaf’s introductory rate, the maximum LTV is 75%
- Minimum credit score for borrowers is 670
- Membership at FourLeaf is required
- Hazard insurance and/or flood insurance are required for loans secured by property
How to choose the best alternative to a USAA home equity product
The variety of loan options can feel overwhelming. Narrow down your choices by focusing on your top priorities.
Ask yourself the following questions:
- Do you need a home equity loan (fixed expenses) or a HELOC (flexible cash needs)?
- Does your credit score qualify you for the product?
- Do you need military-specific loans or financial products?
- Does the lender operate in your state?
- Is fast funding essential?
- Can you qualify for an introductory rate?
Military vs. nonmilitary lenders for home equity loans and HELOCs
- Military lenders offer discounts and tailored services.
- Nonmilitary lenders may offer faster funding and more product variety.
Consider prequalification: You can see your potential rates and loan amount without affecting your credit score. (Confirm that the lender uses a soft credit check.)
FAQ
Does USAA do home loans?
Yes. USAA offers home loans like mortgages, including VA loans, conventional mortgages, and jumbo loans for buying or refinancing a home. However, USAA does not currently offer home equity loans or HELOCs.
Can I get a USAA home improvement loan?
Not a home equity loan or HELOC. USAA offers personal loans that can be used for home improvements. These are unsecured loans, so they do not use your home as collateral and typically have higher rates than equity-based options.
How did USAA HELOC rates compare when it was offered?
When USAA offered HELOCs, its rates were generally competitive with other major lenders and typically variable, tied to the prime rate plus a margin based on credit and equity. USAA has since discontinued HELOCs, so current rate comparisons are no longer available.
How we selected the best USAA alternatives for military families
Since 2018, LendEDU has evaluated home equity companies to help readers find the best home equity loans and HELOCs. Our latest analysis reviewed 850 data points from 34 lenders and financial institutions, with 25 data points collected from each. This information is gathered from company websites, online applications, public disclosures, customer reviews, and direct communication with company representatives.
These star ratings help us determine which companies are best for different situations. We don’t believe two companies can be the best for the same purpose, so we only show each best-for designation once.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
All loans are subject to credit approval, membership and loan program requirements. Not all applicants qualify for the lowest rates and may be offered credit at higher rates or with different terms. Hazard insurance and, if applicable, flood insurance is required. Borrowing limits apply based on your home’s value. Home loans are not available in Texas. Conditions and restrictions may apply. Rates, loan programs, terms, and conditions are subject to change without notice.
[1] APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain an introductory rate, borrower(s) must meet credit and loan program requirements, including, but not limited to: (1) maximum Combined Loan-to-Value (CLTV) of 75%; (2) minimum VantageScore 4.0 credit score of 720; (3) an initial draw of at least $25,000 is taken at account opening and the balance must be maintained for at least 12 consecutive months; (4) automatic payments from a FourLeaf personal savings or checking account for the monthly HELOC payments; and (5) borrower must not have had a previous introductory rate for a FourLeaf HELOC within the past five years. Failure to meet the introductory APR conditions may result in the loss of the introductory APR, meaning the APR will change to the standard APR and will be subject to those conditions. Loan amounts over $500,000 are not available for the introductory rate.
[2] The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable) and is subject to increase after consummation. The current standard APR is as low as 7.00% as of 10/7/2026. Not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. The minimum floor APR is 3.25%. HELOC rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 10/7/2026 = 7.00%. Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening†, and automatic payments‡ made from a FourLeaf personal savings or checking account. For Closing costs, see [3] below.
† Initial Draw of $25,000 or more: The APR includes a 0.25% discount if a Variable Rate Advance of $25,000.00 or more is drawn at account opening and the outstanding balance is maintained for at least twelve (12) consecutive months. The APR will increase by 0.25% if at any time your outstanding HELOC balance falls below $25,000.00 within the first twelve (12) months of account opening.
‡ Automatic Payments: The APR includes a 0.25% discount if your monthly HELOC payments are automatically withdrawn from your FourLeaf savings or checking account. The APR will increase by 0.25% if at any time your monthly HELOC payments are no longer automatically withdrawn from your FourLeaf savings or checking account.
[3] Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. These fees generally range between $500.00 and $15,000.00 depending on the line amount, property value, location, and/or property type. Line amounts over $500,000 may be available on a case-by-case basis to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amount over $500,000 (up to the approved credit limit). The total third party fees generally range between $500.00 and $60,000.00 depending on the line amount, property value, location, and/or property type. Property insurance (including flood insurance, if applicable) is required.
About our contributors
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Written by Emily BatdorfEmily Batdorf is a personal freelance writer and copywriter based in northern Michigan. A self-proclaimed finance nerd, Emily loves learning and writing about banking, mortgages, investing, and anything else personal finance-related. When not writing, she loves to ski, hike, and swim in Lake Michigan.
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Edited by Kristen Barrett, MATKristen Barrett is a managing editor at LendEDU. She lives in Cincinnati, Ohio, with her wife and their pack of senior rescue dogs. She has edited and written personal finance content since 2015.
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Reviewed by Kerry O'Brien, CFP®Kerry O'Brien, CFP®, is passionate about financial planning and going beyond the numbers to help people live the life they want. Her mission is to help people gain and maintain optimal financial health—and to support living with overall wellness and intention.