Home Equity Loans & Lines of Credit

For All Your Borrowing Needs

A Winning Summer Combination—Like SPF 30 and a good pair of flip flops, summer home improvements and home equity go hand-in-hand. The warm weather is ideal for sprucing up the house. And NASA FCU’s Home Equity Loans and Lines of Credit are ideal for making it all possible—at market-leading rates, no points, closing costs1 or fees, and with some of the best service around.


A Home Equity Line of Credit (HELOC) is best for ongoing borrowing needs because the line of credit is there when you need it. Access funds during the draw period by writing a check, accessing online banking, or visiting a branch location. You’ll enjoy an initial fixed rate of 1.99% APR2 for a period of six billing cycles before the rate becomes variable. The variable APR is currently as low as 4.00%.


A Home Equity Loan is ideal for one-time borrowing needs and offers predictable fixed payments for loan terms between five to 20 years. You’ll enjoy fixed rates as low as 3.74% APR3 and a one-time payout that you can use for debt consolidation, a major home renovation or a large one-time purchase.

No matter which home equity option you choose, you’ll enjoy a simple application process and some of the best service around. But, like summer, these rates won’t be around forever—so apply today. Stop by any branch, call 1-888-NASA FCU, ext. 802 or visit nasafcu.com/home-equity.


1 NASA Federal will pay closing costs on new Home Equity applications (Fixed Equity Loans/Lines of Credit). Loans paid off and closed in less than 2 years from the loan origination date will require reimbursement of all closing costs paid by NASA Federal. For loan amounts of $100,000, closing costs typically range between $1,200 and $2,100. Closing costs can vary based on the location of the property and the amount of the Loan. Available on primary residence only. Equity Loans are subject to credit approval and APRs are based on credit worthiness and LTV. Maximum LTV is 95%. Other conditions and restrictions apply, call for details.
2 HELOC: Introductory rates available on new Equity Loans. Upon expiration of the introductory rate, all balances will accrue interest at the effective variable APR. The APR is based on the prime rate as disclosed in the Wall Street Journal plus or minus a margin based on credit history and loan-to-value (LTV). The plan has a minimum APR of 4.00% and a maximum APR of 18% regardless of the Prime Rate. Initial draw period is 5 years with a maximum draw period of 10 years. Rates are as of May 29, 2013 and subject to change.
3 Home Equity Loan: A sample Fixed Equity Loan payment based on $100,000 at 6.12% APR for 20 years is $723.75.