HELOC Lenders

When evaluating HELOC lenders in Berks County, PA, it pays to shop around to ensure you get the best interest rate, in addition to low upfront and closing costs. Consider Bellco Federal Credit Union. We cater exclusively to our members with competitively low rates and fees.

It has been 80 years since Bell Telephone employees formed Bell Telephone Credit Union in 1938. Today, Bellco FCU remains a member-owned, not-for-profit federal credit union, and continues to offer unique financial products and services to individuals and small businesses in Berks County, PA.

Membership in Bellco FCU is open to people who live, work, worship, or attend school in Berks County, PA. Simply open a Member Savings account with as little as $5, and set up your membership in a few simple steps.

Once you are a member, your immediate family members will also be eligible to join and take advantage of competitive rates for mortgages, personal loans, credit cards, and the many other services we offer. The Bellco FCU team is ready to assist you with financing that best fits your goals.

About HELOCs

A Home Equity Line of Credit is backed by the equity you have built up in your home. It typically offers a lower interest rate than a traditional fixed-rate mortgage, credit card, or another type of personal loan.

The HELOC works very much like a credit card and can be used repeatedly, whenever you need the funds. It may be the perfect solution when you need to borrow small amounts over a longer period of time, such as for an extensive home improvement project or to pay ongoing tuition fees.

A HELOC from Bellco FCU offers a variety of benefits:

  • Draw out only what you need, when you need it

  • Make a minimum payment on the funds you withdraw 

  • Multiple draw options include checks, online access, telephone access, and branch access

  • Repay the principal and reuse the funds over and over again during the draw period 

  • Use it for periodic expenses, such as emergency funds, debt consolidation, tuition, and home improvements

  • Local, Pennsylvania decision-making and processing 

  • Attentive, friendly service from start to finish 

  • Bellco Loan Protection is available

Whether you are interested in a HELOC, a traditional Home Equity Loan, or another type of home loan, our locally-knowledgeable loan advisors will be happy to help! By evaluating your creditworthiness based on your income, assets, debts, and past credit use, we can help you determine how much you can afford to borrow. 

As experienced HELOC lenders, Bellco FCU offers flexible solutions, unique account features, and face-to-face service in Berks County, PA. We are dedicated to helping our members and their families build better lives. Contact us today to learn more!