Home Equity Line of Credit

The value of a UVA Community Credit Union Home Equity Line of Credit can be summed up in three words: peace of mind. With a line of credit, you have access to your funds no matter where and when you need them. Use your line of credit however you want: home renovations, wedding, vacation ... it's up to you! And the interest you pay on your loan may even be tax deductible. Speak with your tax advisor.

Convenience, Affordability and Peace of Mind

• Home Equity Line rates as low as Prime + 0% APR^*
• No closing costs on new Home Equity Lines $30,000 and higher^**
• Borrow up to 80% of the equity in your home
• Access funds by teller, Online Banking, Call 24, Mobile App, checks, or through Call Center staff

Get Started Today

Apply with a Home Equity Loan Officer at the Berkmar branch, online, or call 434-964-2001 and ask to speak with one of our home equity professionals.

For information on any of our loan products, visit our Personal Loan Overview.
For information on Online Banking and how it can help manage your finances online, view our Online Banking Overview.

*APR = Annual Percentage Rate. Offer valid 7/17–9/30/17. As of 7/1/17 PRIME is 4.25% APR. These rates may vary and are indexed to the Prime Rate as published in the Money Rates section of The Wall Street Journal. Maximum APR is 18% APR. The variable APR and minimum payment can change monthly. Maximum loan amount is $200,000 and loan to value must be 80% or less. Not all applicants will qualify for this rate. Insurance on home used as collateral is required. Primary residence only, excluding manufactured homes.

**No closing costs for new home equity loans and lines $30,000 and more. If the line is closed within two years of inception date, borrower is required to repay closing costs. Average closing costs range from $1,200-$1,500 for $30,000 borrowed. Some restrictions may apply, contact the credit union for details. Offer not valid on existing UVACCU Home Equity Lines of Credit. Offer may be discontinued at any time without notice. NMLS#302946.