Achieve Your Dreams Sooner with a HELOC

Enjoy an introductory HELOC rate as low as 2.49%* APR and a variable rate as low as 3.25%* APR after 6 months.

Home Equity Line of Credit

*Offers are subject to credit approval. APR = Annual Percentage Rate. Read Full Disclosures.

Do you need cash for a large purchase, such as a home project or renovation? A Citadel Home Equity Line of Credit (HELOC) gives you access to your home’s equity to use for cash. Use what you need, when you need it, on a recurring basis.

Apply today or speak to one of our home loan experts who are ready help.

Thank you for your Home Equity Loan interest!

Complete the form below to have an expert review your Home Equity Loan options.

Please Note: Since Citadel is a credit union, you can open an account with us if you live, work, worship, or study in the following Pennsylvania counties: Bucks, Chester, Delaware, Lancaster*, Montgomery or Philadelphia. You can also become a Citadel customer if a member of your family or household is eligible to be a customer, no matter where you live. *People who do any of the following in the City of Lancaster: work, worship, perform volunteer services, participate in programs to alleviate poverty or participate in associations headquartered in the city. Citadel Home Equity loans are available in PA, NJ, MD and DE.

Additional Features

  • Low Closing Costs
  • Quick Closing Turnaround Times
  • Flexible Interest-Only Payment Options
  • No Annual Fee
  • Revolving Line of Credit – Up to 90% of your primary home’s appraised value or 80% of your vacation home’s appraised value, minus outstanding mortgages ($12,500 minimum).
  • Tax-Deductible Interest (Consult your tax advisor for details)
  • Flexibility & Easy Access to Funds – You can advance payments from your loan at any time you’d like during the draw period.
  • Generous Limits –  Limits of $12,500 or more based on the equity in your home.

Apply for a Citadel HELOC today!

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Frequently Asked Questions

What is the difference between a home equity loan and a home equity line of credit?
A Home Equity loan lets you borrow amounts based on the amount of equity you have in your home. This type of loan provides a lump sum of money up-front and the loan balance is paid back monthly, with a fixed payment amount and a fixed interest rate. A home equity loan is good for people who have an immediate and specific purpose for the funds, such as home improvements or a big-ticket purchase.

A Home Equity Line of Credit (HELOC) is an open-ended line of credit. A credit limit is set based on the amount of equity you have in your home and can be used whenever you need it. Unlike a home equity loan, once the balance of a HELOC is paid down, the line remains open. Your monthly payment will vary based on your outstanding balance and the variable interest rate. A HELOC is best suited for people who want access to funds in the case of an emergency, have children starting college, or perhaps plan to make a series of purchases or payments over time.

Still have questions? Visit our help center.

*Agreements and Disclosures

View *Agreements and Disclosures

Citadel is an Equal Housing Lender.

Home Equity Line of Credit

Offers are subject to credit approval. APR=Annual Percentage Rate. Information accurate as of and may be withdrawn or subject to change without notice. Call (800) 666-0191 for current information. Loan to value (LTV) is determined by dividing all outstanding loan balances by the appraised value of the property. Loans above $500,000 will require borrower to purchase title insurance. All accounts, loans, and services are subject to approval and membership eligibility requirements. Loans are available on primary homes in PA, NJ, MD and DE. Consult your tax advisor about deductibility of interest. Property insurance is required. If the collateral is determined to be in an area that has special flood areas, flood insurance will be required as well.

Home Equity Line of Credit Terms and Fees: 6-month introductory APR = 2.49% for line amount of $100,000 or more; 2.99% $50,000-$99,999; 3.49% less than $49,999. Home equity line of credit APR is established using The Wall Street Journal Prime Rate 10 days prior to the end of the month and changes on the first of the following month. Current Prime Rate as of is 3.25%. Variable APR ranges from Prime (for lines $100,000 and above) to Prime + 2.99%, depending on credit, your final loan amount, loan term, loan to value and actual finance charges. Current home equity line of credit APR floor is 3.25%. Maximum APR is 18.00%. Maximum LTV = 90% with excellent credit. Closing costs include a recording fee which could vary depending on the state and/or county ($125 - $275). If line is closed within three years after opening, there is a $250 early termination fee.