Home Equity Loans and Line of Credit

Leverage the equity in your home.

If you’re a homeowner, your home is more than just a place to live—it’s a powerful financial tool. Tap into the equity you’ve built with a fixed-rate home equity loan1, a flexible line of credit (including hybrid mortgages), or explore other options, like bridge loans.

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Home Equity Loans and Lines of Credit

Which home equity option is right for you?

Take on a remodeling project. Consolidate debt. Pay for a wedding or college expenses. With our home equity options, the possibilities are endless.
Explore the home equity solutions that fit your plans.

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Hybrid Home Equity Line of Credit

Continuous Access to Credit with a Fixed Rate Option

Hybrid Home Equity Line of Credit (HELOC)

A Hybrid HELOC gives you all the benefits of a Traditional HELOC, plus the option to lock in up to five fixed rate segments for added stability and predictable payments.

  • Flexibility to lock in a fixed rate on all or a portion of your existing balance for a 5 year term, giving you consistent, predictable payments2
  • Deferred closing costs3, no annual fees or prepayment penalties. A $25 lock fee applies to each a fixed segment.
  • Potential tax benefits on interest payments (consult a tax advisor)4
  • Can be used for a variety of needs such as home repairs, remodeling projects, large medical or education expenses, debt consolidation, or big purchases like weddings, vacations
  • Fast and easy access to your available credit with Online and Mobile Banking5
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Traditional Home Equity Line of Credit

Variable Rate, Continuous Access to Credit

Traditional Home Equity Line of Credit (HELOC)

A HELOC is a flexible way to access your home’s equity, giving you a revolving line of credit you can draw from as needed—up to your credit limit—with a variable interest rate.

  • Variable rate & payment, based on prime6
  • Deferred closing costs3, no annual fees or prepayment penalties
  • Can be used for a variety of needs such as home repairs, remodeling projects, large medical or education expenses, debt consolidation, or big purchases like weddings, vacations
  • Potential tax benefits on interest payments (consult a tax advisor)4
  • Fast and easy access to your available credit with Online and Mobile Banking5
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Home Equity Loan

Upfront Funds at a Fixed Rate

Home Equity Loan

If you have a project and price tag in mind, a Home Equity Loan lets you take out a set amount at a fixed interest rate, so you can count on standard monthly payments over your term.

  • One-time lump sum of funds with the maximum amount determined by your home’s appraised value
  • Choose a loan term of 5, 10, 15 or 20 years
  • Fixed interest rate for consistent monthly payments
  • No annual fees and no prepayment penalties
  • Potential tax benefits on interest payments (consult a tax advisor)4
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Hybrid Mortgage

Flexible line of credit with first-lien advantages.

Hybrid Mortgage

A Hybrid Mortgage combines the flexibility of a revolving line of credit with the advantages of locking in a fixed interest rate while holding the primary lien on your home.

  • Ideal for homeowners without an existing first mortgage or those with a significant amount of equity in their homes
  • Lock in a fixed interest rate on all or part of the loan for 5, 10, or 15 years on balances up to $100,000. Balances over $100,000 will remain at a variable rate7
  • Benefit from a discounted rate, no lock fees, and deferred closing costs3
  • Tap into available funds for almost any reason or consolidate debt into one loan
  • Potential tax benefits on interest payments (consult a tax advisor)4
  • Easily access funds by transferring directly to your checking account in Online and Mobile Banking5
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Benefits & Features

Why Choose a Park View Home Equity Product?

From renovations to big ideas, our home equity products have the benefits and features to help you reach your goals.

  • HELOC Wallet

    Affordable & Flexible

    Great rates6 with no application fee, no annual fee, or prepayment penalties. Use the for funds for home improvements, debt consolidation, and more.

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    Exceptional Service

    Work with a dedicated expert who answers your questions, finds the right home equity solution for your needs, and guides you every step of the way.

  • Hand Holding Credit Icon

    Convenient Payment Options

    Make payments your way—through online or mobile banking, by phone, automatic payments, or at any branch.

  • Document Percent Icon

    Potential Tax Benefits4

    Interest paid on a home equity loan or line of credit used for home improvements may be tax-deductible. Consult your tax advisor.

What is Home Equity?

Home Equity is the difference between the value of your home and the amount you owe on your mortgage.

Example:

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Use Your Home's Equity to Achieve Your Goals

Popular uses for home equity loans and lines of credit

  • House with Hammer Icon

    Home Improvements or Renovations

  • Debt Consolidation Icon

    Debt Consolidation

  • Graduation Cap, College Icon

    College

  • Warning Light Icon

    Unexpected Expenses

  • Price Tag with arrows Icon

    Major Purchases

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Bridge the Gap Between Homes with Ease

Bridge Loans

If you’re looking to buy a new home, Park View also offers Bridge Loans as a home equity option. A Bridge Loan provides short-term financing that helps cover the gap between purchasing your new home and selling your current one. With quick access to funds and straightforward repayment options, it can be a smart solution for managing your home-buying timeline.

Contact a Mortgage Advisor to Get Started

Get Started

Apply online to start accessing the equity in your home. A mortgage loan advisor will reach out to complete the application process.

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We're here to help

Schedule an appointment if you’re unsure which home equity option is best for you or have questions. Our experts can help guide you to the solution that fits your needs and goals.

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Disclosures
1Home equity loans are fixed-rate loans. Rates will vary based on loan term, credit history, loan-to-value (LTV)/combined loan-to-value (CLTV)/high credit loan-to-value (HLTV) ratio, loan amount, and occupancy. You must carry homeowners' insurance on the property that secures this plan. All loans subject to approval.
2Hybrid Home Equity Line of Credit (HELOC) allows a member to create up to five (5) fixed loan segments with a minimum of at least $5,000 for each segment. Up to $100,000 can be a fixed-rate segment. Fixed terms will be based on the existing rate of the HELOC at the time of segment creation. The remaining balance, if not locked into a fixed segment, will continue to have a variable rate and payment that may change over time. The fee structure remains the same as the regular HELOC initial loan application. There is a $25 fee to set up each segment. For qualified borrowers only. Contact Park View for full details.
3Closing costs are deferred and tracked as a “closing fee.” These costs may be waived if sufficient interest is paid over the life of the HELOC. If the line is closed early, remains unused, or does not generate enough interest to cover the fee, the closing costs will be due at payoff. Please note that bridge loans are not eligible for the deferred closing costs promotion. If required, estimated closing costs range from $350 to $500. A loan origination fee of up to 1% of the credit limit may apply, depending on loan structure. The current Annual Percentage Rate (APR) for the variable-rate portion of the HELOC is based on the Wall Street Journal Prime Rate (7.00% as of November 1, 2025), plus or minus a margin based on credit qualifications. The maximum APR that may be imposed during the life of the plan is 18%. Property insurance is required, and if applicable, flood insurance may also be required.
4Consult a qualified tax advisor for guidance regarding your specific situation. Park View FCU does not provide tax advice.
5Carrier data rates may apply.
6Home Equity Lines of Credit (HELOCs) are variable-rate lines. The Annual Percentage Rate (APR) is based on the Wall Street Journal (WSJ) Prime Rate (index), plus or minus a margin determined by factors such as your creditworthiness and collateral value. The APR may adjust monthly and can change over time as the WSJ Prime Rate changes. As of April 1, 2026, the WSJ Prime Rate is 6.75%. The APR will not exceed 18% at any time during the life of your account. Best rates available only to the most qualified borrowers. The APR reflects the cost of credit as a yearly rate and does not include costs other than interest. Your rate and payment may vary based on changes to the index and your margin.
7Actual interest rates and APR will vary based on creditworthiness, loan-to-value ratio, and other factors. You will receive a full disclosure with your APR before completing your loan. Rates are subject to change.
85.00% of interest paid is returned quarterly into your Park View rewards from your auto loan and/or home equity line of credit.
Please refer to our Home Equity Early Disclosure for important terms and conditions of our HELOC plans.