Current HELOC Rates

When looking for the best current HELOC (Home Equity Line of Credit) rates, consider Bellco Federal Credit Union in Wyomissing and Sinking Spring, PA. We offer competitive rates, low fees, local decision-making and loan processing, and attentive, friendly service.

Bellco FCU is a member-owned, not-for-profit federal credit union. For 80 years, we have provided unique financial products and services to individuals in Berks County, including HELOCs, traditional Home Equity Loans, fixed-rate mortgages, and more.

A HELOC from Bellco FCU may offer the funding you need for large expenses at a lower interest rate than that of traditional fixed-rate mortgages, credit cards, and other types of personal loans. 

About HELOC Rates

Different lenders have different rules. When considering a HELOC, your first thought may be to go to the lender that holds your first mortgage, but it usually pays to shop around. 

HELOCs have an adjustable interest rate that goes up and down in relation to an index, like the prime rate. Also consider upfront costs, closing costs, and any annual fees the lender may charge. They can all have a significant impact on the cost and suitability of your loan, so don’t be afraid to ask questions.

Some lenders offer low introductory interest rates. Be sure you know how long the low rate will last and how it will change after the introductory period.

Your HELOC may have a cap on how much the interest rate can rise over a specific period of time or over the length of the loan. If interest rates are on the rise, this will work in your favor.

At the end of the HELOC “draw period” (typically 5 to 10 years), some lenders will require you to make a large one-time payment at the end of the term, known as a balloon payment. This may be something you can live with, but you will want to know it’s coming in order to plan for it.

As experienced HELOC lenders, Bellco FCU offers flexible solutions, unique account features, low-interest rates and fees, and face-to-face service.

Take advantage of Bellco’s current regular HELOC rates as low as 3.99% APR (subject to change at any time) and our special 6-month Introductory Rate of 1.99% APR (may be discontinued without notice).

How to Get Started

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 be eligible to join too and take advantage of competitive rates for mortgages, personal loans, credit cards, and the many other services we offer. 

To learn more about current HELOC rates and other types of home equity loans, contact Bellco FCU. We have the tools and expertise to help you make the right decisions.