Home Equity Line of Credit
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Home Equity Line of Credit (HELOC)

Like flexibility? Check out our HELOC with Fixed Rate Lock Options


Are you planning to make renovations to your home? Do you want to consolidate debt? Are you dreaming about a vacation?

A Home Equity Line of Credit (HELOC) is a line of credit extended to the member secured by your home’s equity, which is the market value of your home less any mortgage or loans owed on the property. A HELOC allows you the convenience of borrowing again and again as you need funds without reapplying, and you only make payments on the amount you use.

Century Federal’s HELOC also offers you the option to lock in a great low rate for up to 10 years! So, if you're ready to tackle that next home improvement project, why charge it to that big box store credit card with rates as high as 24.99% APR? That payoff could really add up over time as you pay down your balance. With Century Federal, you can lock in a great low 2.75% APR* rate and save big!

To put it into perspective, if you draw on your HELOC for a $20,000 home improvement project instead of opening a credit card at the big box store, and take five years to pay off the balance, the charts below show just how much you can save by using your home's equity to pay for those projects!

Century Federal HELOC Savings vs Big Box Store credit card
As you can see, with the Century Federal Home Team, there's never been a better time to tackle all those home improvement projects you've been putting off!

With a Century Federal HELOC you get:
  • Rates as low as prime minus .50%
  • Borrow and lock in a great low rate on your credit line up to 3 times during the draw period
  • Fixed Rate Lock Options for terms up to 10 years/120 months
  • Easily transfer funds from your HELOC to your Century Federal Checking or Savings accounts through our Online Banking system or by visiting any Century Federal branch. Plus, we also issue checkbooks to write a check against your HELOC for an amount of $500 or above.


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