Discover your Home’s Potential with a Home Equity Line of Credit
5.99% APR* for the first 12 Months
Click Here to Start Your Application Online
Are you looking to finance a home improvement project, consolidate debt, or cover unexpected expenses? Look no further! Our Home Equity Line of Credit is the perfect solution for you. With a limited-time introductory rate of just 5.99% APR* for the first 12-months, you can access the funds you need at an unbeatable rate.
Imagine the possibilities! Whether you want to renovate your kitchen, create a backyard oasis, or finally take that dream vacation, our Home Equity Line of Credit offers you the flexibility to borrow as little or as much as you need. You can draw from your line of credit whenever necessary, and only pay interest on the amount you use. This means you can manage your finances with confidence and ease.
But that's not all! To make this offer even more enticing, we are pleased to cover your closing costs up to $500**. That’s right—you can focus on your projects without worrying about upfront costs.
Our Home Equity Line of Credit is designed with you in mind. Enjoy competitive rates, flexible repayment options, and the peace of mind that comes with knowing you’re making a sound financial decision. Plus, our team of experts is here to guide you through the application process and answer any questions you may have.
Don’t miss out on this incredible opportunity to tap into your home's equity. Take advantage of our 12-month introductory rate of 5.99% APR* and let us help you turn your financial goals into reality. Start your application online today!
*Annual Percentage Rate. All offers are subject to credit qualification. To receive the discounted introductory rate, the client must take an initial draw at closing from the new line of credit greater than or equal to $25,000. Initial balances greater than or equal to $25,000 and any other outstanding balances on your new line of credit during the first 12 months after the loan closing date will be calculated at the introductory variable rate. After 12 months, the variable rate will be the Prime Rate plus margin. Margin will be determined by factors, including, but not limited to, your credit score. Prime Rate, as published by Wall Street Journal, is ten days before the end of the prior month (called the “Index”). As of January 27th, 2025, the variable rates for home equity lines of credit are 7.50%-14.00% for the April 10th year draw period and the 15-year repayment period. The offer is only available on properties in Virginia and North Carolina.
This offer is limited to owner-occupied, single-family dwellings and is not valid for rental properties, cooperatives, mobile homes, or residential lots. There is no origination fee charged to open a Beacon Home Equity Line. However, a minimum share account balance of $5 is required for membership. Closing costs range between $0 and $10,000, of which Beacon will cover the first $500 (see closing cost promo details below). Property insurance and flood insurance, where applicable, may be required. All credit union programs may change or end at any time.
**Closing fees that will be covered, up to $500, by Beacon are appraisal fees, title work, flood determination fees, notary fees, deed recording costs, lender's title insurance, and attorney’s fees. Any additional fees required will be the responsibility of the member at closing. Early payoff and closure of credit line (within 36 months) may require remittance of any closing costs Beacon paid on your behalf.
