Tap into the equity in your home to access the funds you need for virtually anything. From home improvements to education expenses—even consolidating your high-interest credit card debt—a Home Equity Line of Credit (HELOC) offers one of the smartest, most affordable ways to borrow.
Home Equity Line of Credit
Your Home, Your Equity, Your Financial Freedom
Frequently Asked Questions
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Are properties in a trust eligible for a HELOC?
Are there closing costs for a HELOC?
Can I pay off a home equity loan or line with another lender using a Direct Federal Home Equity Loan or Line?
Can I prepay my HELOC?
Do you offer Home Equity in my area?
How can I check the status of an application?
How can I increase my credit limit?
How can I pay my bill?
How does the Home Equity Carve Out work?
How long does it take to apply and receive a decision for a HELOC?
How long is the payment grace period for a HELOC?
How much of my home equity can I borrow?
I would like to open a home equity loan or line. What is the minimum or maximum amount I can apply for?
If I already have a home equity line am I eligible for an increase?
What are the appraisal fees for a HELOC?
What documentation is required to close a home equity loan or line?
What fees or costs are associated with a home equity loan or line from Direct Federal?
What is the "draw period" on a home equity line?
What is the HELOC Early Termination fee?
What is the Recording fee for a HELOC?
What is the home equity line repayment period?
What is the minimum or maximum home equity line amount I can apply for?
What types of properties qualify for a Direct HELOC?
Where do HELOC closings take place?
Will my credit be pulled if I need a Home Equity increase?