HELOC Shillington, PA

Whether you are interested in a Home Equity Line of Credit (HELOC) or any other type of loan on your Shillington, PA home, the locally-knowledgeable loan advisors at Bellco Federal Credit Union will be happy to help!

Bellco FCU is a member-owned, not-for-profit federal credit union that has been offering unique financial products and services to people and small businesses in Berks County since 1938.  

Just like for-profit banks, we offer checking and savings accounts, personal loans, home loans, and credit cards, but with better rates and fewer fees. We provide a safe place to save and borrow along with exceptional customer service.

What is a HELOC?

A HELOC is a line of credit, similar to a credit card, that is based on the equity in your home. You draw out the money you need, when you need it, and make monthly payments based on the amount of money you withdraw.

A Home Equity Line of Credit (HELOC) from Bellco FCU offers a variety of benefits:

  • Interest rate may be lower than that of traditional fixed-rate mortgages, credit cards, and other types of personal loans

  • Draw out only what you need, when you need it, up to your credit limit

  • 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 the HELOC 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

Bellco FCU offers other financing options as well, including the traditional Home Equity Loan. This loan provides funds in a lump sum at a fixed rate for a fixed term, similar to refinancing your mortgage, but without many of the closing costs. 

Join Bellco FCU Today

If you are already a member of Bellco FCU, you can apply for a HELOC online. If you are not yet a member, but live, work, worship, or attend school in Berks County, consider opening a primary savings account with as little as $5, and become a member today!

When you join Bellco FCU, you will remain a member for the rest of your life, even if you change jobs, retire, or move out of Berks County. You also become a partial owner and have an equal voice in how your credit union is run, no matter how much money you have on deposit. 

If you are in Shillington, PA and looking for a HELOC (Home Equity Line of Credit), consider Bellco FCU.  We are continually focused on meeting the needs of our members and the communities we serve with the lowest possible loan rates.