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Home Equity & HELOC Products


Home Equity Loan or HELOC: Which one is right for you?

Use the equity in your home to create your dream home or update it before you put it on the market. Borrow up to 90% of the equity in your home.1

Choose between USSFCU's Home Equity Loan2 or Home Equity Line of Credit (HELOC)3

Home Equity Loan


A USSFCU Home Equity Loan is ideal for major or one-time renovations and upgrades.

Home Equity Line of Credit (HELOC)


A USSFCU HELOC is a perfect solution for projects that require flexibility and phases of completion.

Closing Cost Covered Up to $500*

For more details about our Home Equity and HELOC products please scroll down to the bottom of the page.

Home Equity Loan and HELOC products are not currently available in the state of Texas. HELOC rates will not adjust until the 1st day of the billing cycle on the 15th of that month.

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Not a member? Not a problem. With 140 plus paths to membership, joining is simple and easy. Join today.

If you are not a member but would like to apply for a loan, first apply for USSFCU membershipOnce you become a member you can apply for a loan through CUAnyHour+ Online Banking.


1 90% LTV on loans not exceeding $400,000. 80% LTV on loans between $401,000 - $500,000. 2 Fixed rates and repayment terms up to 180 months. A Home Equity Loan with an original balance of $70,000 and a 60-month term with an APR of 4.88% totals a monthly payment of 1,317.14. A Home Equity Loan with an original balance of $70,000 and a 180-month term with an APR of 5.38% totals a monthly payment of $567.51. 2 Variable rates and repayment terms up to 120 months. Maximum allowable APR is 18.00%. HELOC rates will not adjust until the 1st day of the billing cycle on the 15th of that month. FEES AND CHARGES: To open or maintain a home equity line of credit, you must pay certain fees to third parties. These fees generally range from $500.00 to $1,300.00. If you ask, we will give you an itemization of the fees you will have to pay to third parties. LATE PAYMENT FEE: If your payment is more than 10 days late, you will be charged 5.00% of the payment due. PROPERTY INSURANCE: You must carry insurance on the property that secures this plan.

*Offer valid March 1 - May 31, 2022. USSFCU will issue a lender's credit up to $500 towards the closing cost associated with a Home Equtiy Loan applied for an approved during March 1 though May 31, 2022. The credit of $500 must be applied to a USSFCU Home Equity Loan within 45 days of pre-approval date. Void where prohibited. USSFCU reserves the right to modify, update or discontinue this promotion at any time and withut advance notice.

  • A fixed-rate, close-end loan you can use for several needs:
    • Home remodeling projects
    • Debt consolidation
    • Educational expenses
    • Major life events
    • And more!
  • Borrow up to 90% of the equity in your home.1
  • Minimum amount - $7,500—Maximum loan amount is $500,000.1
  • Repayment terms: up to 180 months
  • Interest paid might be tax deductible2
  • Pre-qualification possible by applying over the phone or in person
  • Helpful, expert service throughout the entire process

A Home Equity Line of Credit (HELOC) is like a home equity loan, except instead of a one-time disbursement of funds, you may get pre-approved up to a certain amount, and access funds as you need them. Choose between our Classic HELOC or our Smart Line HELOC for a line of credit that fits your needs.

  • Variable rates—only pay interest on what you use
  • Borrow up to 90% of the equity in your home 1
  • Competitive rates for several ongoing or seasonal needs
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work uniquely for you
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Revolving credit — as principal is repaid, more becomes available for use
  • The interest paid might be tax-deductible*
  • Set up automatic payments to be deducted from your account monthly
  • Professional, customized service throughout the entire process
Classic Line HELOC
  • Allows you to pay interest only—ideal for those who want to upgrade their current home before selling
Smart Line HELOC
  • Allows you to make payments on both principal and interest—perfect for that season-long project.

USSFCU has teamed up with Accurate Group, LLC to provide our members with an exciting option for completing your Home Equity Loan package signing. 

NotaryWorksTM  by Accurate Group utilizes cutting edge technology, replacing the need to send a closing agent to your home.

Qualifying members4 can complete the notary experience virtually with a notary by reviewing and signing loan documents on your computer, tablet or mobile devices. All NotaryWorksTM notaries are certified and pre-screened by Accurate Group.

FYI: This service requires the member to be on a Desktop or Laptop with a webcam. You will also need to provide 1 Photo ID during the meeting. (Passport, Drivers License, etc.) Please make sure you have this with you and ready to show during the online e-closing session. You may be promoted to run a quick plug-in that only takes a few seconds to load. 

If you are interested in the efficiency of an online meeting, NotaryWorksTM is for you! Please contact your USSFCU loan officer to arrange your online closing.

Participating members will be subject to the Commonwealth Virginia Notary Statutes. Notary law requires all electronic notary ceremonies be video recorded. Valid ID required and recorded during closing. Not available in all locations. Internet access required.

1 Not all applicants will qualify for the lowest rate. Rates and terms are subject to change and may vary based on creditworthiness and qualifications. 2 Consult a tax advisor. 3 To open or maintain a home equity line of credit, you must pay certain fees to third parties. An itemized list of third party fees are available upon request by calling 800.374.2758. Other fees may apply. 4 Participating members will be subject to The Commonwealth of Virginia Notary Statutes. Notary law requires all electronic notary ceremonies be video recorded. Valid ID required and recorded during closing. Not available in all locations. Internet access required. Members should not send personal information via email. 

The United States Senate Federal Credit Union complies with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). A list of our registered originators can be found by searching for the United States Senate Federal Credit Union here.

Members' Voice Testimonials

I feel my money is safe, the service has always been top-notch and we've found it easy to use even though I probably haven't set foot in one of the branches in five years. Joining the credit union is one of the smartest things I've done.

USSFCU has been my first banking option for over 40 years - no fee atms - my grands are now members of the credit union and value their credit union membership also.

USSFCU staff continues to be the best and always has my best interest.

The USSFCU has been an important part of my financial situation and has provided outstanding service.

Every experience with USSFCU has been extremely good right from the start. Our main account with USSFCU is a HELOC with zero over prime rate, which is almost unheard of. The customer service has always been excellent. And when we asked for a temporary payment break to navigate and reorient professionally due to the sudden and temporary financial im...

I've always been treated very professionally and the person caring for my financial needs always listened to me and helped me in a way that was not stressful and beneficial to me.

USSFCU has never failed us in its' role of being the best bank ever. All the personnel are professional, friendly, efficient and have more than earned our trust, appreciation and admiration. We admire the way they are constantly evaluating, adapting and growing their services for the benefit of its' members. We are very grateful to have had this im...

Magnificent people, great help during the hard times.

I've been banking here for over 20 years it's the best customer service. Credit card interest rates don't gouge at USSFCU. It's a wonderful place to bank.

Very personable, solution based and takes an interest in your situation.

Provides excellent customer service and this is demonstrated by their great attention to detail. USSFCU provides excellent financial products and professional communication.

I joined in 1975 when I began my 41 year career in the U.S. Senate. It was a family and still is - one to be depended on in times of need and for advice.

The credit union provides relatively good services and the security updates to the system are noticeable.

All of my children and grandchildren have USSFCU accounts now. I really admire USSFCU and its staff completely, they have always looked out for my interests.

Outstanding online and mobile banking services. Professional, Courteous, knowledgeable responsive staff!

I am very satisfied to belong to this institution and whenever I need support it is good to know that I count on you.

This credit union is the best, I love the customer service and you can't beat the interest rates. I'm happy to be a member of this great credit union.

Great staff helping all the time. Just a very well run company always good service.

Always good service, especially when I telephone in. I have another credit union where, every time I call in, I have to wait a considerable amount of time before reaching a representative. When I worked on the Hill, it always was a pleasurable experience coming to the credit union office, whether to make a deposit or apply for a loan.

Customer service via the phone is very helpful and easy to accomplish requests.

Care about their clients and concerned about making sure they have the best rates and packages.

USSFCU has always been accommodating, easy to work with, and staff are always kind. I have every intention of keeping my account with this bank for a long, long time.

The branch manager introduced herself and was extremely helpful. She stated that if there is anything we ever need to please let her know. Very positive experience!

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