If you own a home and it’s worth more than the remaining balance on your mortgage, you have equity. If you have equity, you can apply for a Home Equity Line of Credit (HELOC)1.

A HELOC is a revolving line of credit that you can draw on, pay back, and draw on again for a set period of time.

And if you think you can only use a HELOC to pay for home improvements like landscaping or pool installation, think again. Your Home Equity Line of Credit can be used to pay for any purchases you have coming up, including:

  • Vacation
  • College expenses
  • Wedding
  • Appliances
  • Furniture
  • Vehicle purchase

With rates as low as Prime + .25% (5.75% APR2), using a HELOC to pay for these expenses can save you money, too.

Apply for a VacationLand Home Equity Line of Credit before June 30, 2019 to take advantage of these special perks.

  • First 12 months of term locked in at Prime interest (5.50% APR)
  • No closing costs
  • Maximum line of credit up to $100,000
  • Receive a $250 Visa gift card at closing

Membership qualifications and other conditions apply1,3. Call 1-800-691-9299 to talk with a loan specialist today or contact us online here.

Download the flyer here.


1 Membership eligibility required with a minimum deposit of $25.00 in a Share/Savings account. Member must be in good standing with VLFCU. All loans are subject to credit approval.

2 APR= Annual Percentage Rate. The APR is a variable rate and may change after the account is opened. Minimum APR is 5.75%. Maximum APR is 18%. Actual APR will depend on borrower’s credit qualifications, term of the loan, and loan-to-value amount. Variable APR based on the current Wall Street Journal Prime rate plus 0.25% for 90% loan-to-value HELOCs (5.75% as of 05/01/2019).

3 $50.00 Annual fee. If line of credit is closed within the first 36 months, fees may apply. Property and, if applicable, flood insurance are required. Minimum line amount is $10,000.00; maximum line amount is $100,000.00. Consult a tax advisor regarding the deductibility of interest. Programs, rates, and terms subject to change or cancellation without notice.