Beacon Home Equity Loans and Lines of Credit are built to work for you!

Use the Equity in your Home for...

  • Home Improvements
  • College Tuition
  • Debt Consolidation
  • Vacation
  • and more!

Home Equity Loan Benefits...

  • 10 Year Fixed Rate Loans
  • No Application Fees
  • Apply in minutes
  • Loans from $10,000 and up
  • No annual fees
  • Flexible 5 - 15 year terms
  • Interest may be tax deductible**

Get started on your to do list... Apply Today!

HOME EQUITY LINE OF CREDIT

Home Equity Line of Credit

Annual Percentage Rate**

Minimum Line of Credit

$10,000 to $19,999

Prime + 1 to Prime + 6

$10,000 minimum draw

$20,000 to $29,999

Prime + .50 to Prime + 5.50

$15,000 minimum draw

$30,000 to 39,999

Prime + 0 to Prime + 4.75

$20,000 minimum draw

$40,000 and above

Prime -.25 to Prime + 4.50

$25,000 minimum draw

**The Annual Percentage rate (APR) for this Home Equity Line of Credit is variable based on the highest domestic prime rate published in the Wall Street Journal. Call 1-434-237-1566 for current rates. Minimum line amount is $10,000. Loan to value not to exceed 80% of tax assessment or appraisal value minus first mortgage balance. 1- to 2- family owner-occupied residences only. This offer is subject to change at any time without notice. No Annual Fees. Consult a tax advisor regarding the tax deductibility of interest. Maximum possible APR is 24%. Minimum possible APR is 3.25%. Property insurance is required which includes, as required, flood insurance. Other restrictions may apply.

HOME EQUITY LOANS

Home Equity Loans

APR** as low as

Terms vary from 60 Months to 120 Months

5.75%

**The Annual Percentage rate (APR) for this Home Equity Line of Credit is variable based on the highest domestic prime rate published in the Wall Street Journal. Call 1-434-237-1566 for current rates. Minimum line amount is $10,000. Loan to value not to exceed 80% of tax assessment or appraisal value minus first mortgage balance. 1- to 2- family owner-occupied residences only. This offer is subject to change at any time without notice. No Annual Fees. Consult a tax advisor regarding the tax deductibility of interest. Maximum possible APR is 24%. Minimum possible APR is 3.25%. Property insurance is required which includes, as required, flood insurance. Other restrictions may apply.


*The annual percentage rate (APR) on your home equity line of credit (HELOC) is variable based upon The Wall Street Journal prime rate. The maximum annual percentage rate that can be charged on your line of credit is 24% or the maximum permitted by law, whichever is less. Rates and terms subject to qualification. Rates and Terms subject to change. Minimum loan amount is $10,000. Beacon CU loan rates are based on evaluation of applicant(s) credit and loan terms. Property must be in the state of Virginia or North Carolina. 
**Consult a Tax Advisor regarding the deductability of interest.