Write yourself a loan
With a Home Equity Line of Credit, or HELOC, you'll have a revolving line of credit that you can use for years. It’s like writing yourself a loan for whatever you need, whenever you need it.
A HELOC is smart because:
- Low interest rate
- High borrowing limit
- 10-year draw period and 10-year repayment period
- Interest charged on only the amount you borrow
- Home Equity Visa card that provides convenient access to your funds
Also, for a limited time, when you get a Home Equity Line of Credit, we'’ll pay up to $1,000 off closing costs* !
See how others are using their HELOC:
With a 10-year draw period and a 10-year repayment period — plus a Home Equity Visa card to conveniently access your funds — our members are finding creative ways to save using a HELOC. Take a look:
Applying is easy
|Speak with a Tyndall Representative at any of our branch locations,|
|Call us at 850-747-4321 (877-747-4321, toll-free),|
|Or click the button below to apply online.|
*Subject to loan approval and closing. Product not available in Texas, Alaska, Hawaii, Connecticut, or New York. Property securing the loan must be insured until the loan is paid in full. Borrower is responsible for property insurance and flood insurance, if applicable, and property taxes. Subject property must be your primary or secondary residence. Home Equity Lines of Credit have a variable APR, with a minimum APR of 4.24% and maximum APR of 18%. Interest rate may change monthly. The Index used to determine your Variable APR is the Prime Rate (published in the Money Rates column of the Wall Street Journal on the last business day the rate is published in each calendar month). The Prime Rate is 4.25%, as of 06-15-2017 . Loan term is 20 years; 10-year draw period; 10-year repayment period. Maximum LTV 80%. Minimum Loan Amount - $10,000; Maximum Loan Amount - $400,000; Minimum Initial Advance - $1,000. Consult with a tax advisor regarding the deductibility of interest.
Promotional offer - for a Home Equity Line of Credit, Tyndall will pay closing costs up to $1,000 on primary residence loans, which covers the typical closing costs. If loan is terminated within 3 years, closing costs that were paid by Tyndall must be reimbursed by the borrower. Promotional offer open to members who apply for and open a Home Equity Line of Credit (HELOC) between January 1, 2017 and September 30, 2017. Offer available for a limited time. Some restrictions apply. Offer subject to change without notice.
Membership required; an initial $1 non-refundable membership fee will apply. NMLS #597599.