Flexible Home Equity Line of Credit

Do it all with a Flexible Home Equity Line of Credit

Access the equity in your home with more control and flexibility. The Flexible HELOC works like a traditional line of credit but lets you move all or part of your balance into a fixed rate loan segment whenever you choose. As you pay it down, your available credit replenishes.

  • Borrow up to 90% of property value
  • Option to lock part or all of your HELOC balance into a fixed rate
  • 24/7 access to funds with Ideal Digital Banking — Simply transfer funds directly from your HELOC into your savings or checking account
  • 10-year draw and up to 15-year repayment period
  • Maximum loan amount of $450,000

Access your funds 24/7 with Ideal Digital Banking

You'll enjoy 24/7 access to your funds using Ideal Digital Banking — Simply transfer funds directly from your HELOC into your savings or checking account.

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Ideal Home Equity

Minimum Annual Percentage Rate (APR) Floor of 4.00%. Maximum APR is 12.00%. APR calculation is subject to change monthly and is based on the Prime Rate as published in the Wall Street Journal. Required payments are calculated at 1% of the outstanding balance. Maximum loan amount is $450,000 with a 10-year draw period and up to 15-year repayment period. Properties must be owner-occupied. Eligible property types include SFD and Townhomes (up to 90%), and condos (up to 80%); Not eligible for multi-family properties. Some housing exceptions apply. Closing costs range from $500 to $2,000. Maximum loan amount is $450,000.

*New Home Equity Line of Credit: 4.87% APR for the First 12 Months. APR = Annual Percentage Rate. Intro rate shown of 4.87% is for homeowners up to 90% combined loan-to-value (CLTV). APR will be fixed during the 12-month introductory period. After the first twelve (12) months of the loan term, the introductory APR will revert to a variable APR based on the Prime Rate as published in The Wall Street Journal. Your post-promotional rate will be disclosed to you prior to signing for your line of credit. On a $10,000 home equity line of credit balance at 4.87% APR, monthly payments would be $100, 1% of the outstanding balance. Payments do not include amounts for property taxes and hazard insurance premiums, and the actual payment obligation will be higher. After the introductory period, the minimum floor APR will be 4.00% and maximum APR will be 12%. Current APR ranges from 7.50% - 10.50%, based on the Wall Street Prime Rate which is currently 7.50%. An increase in the Index will result in an increase in the periodic rate.  Borrowers may request to convert up to three fixed-rate segments at any given time; rates for fixed rate loan segments are determined at the time of the request. A $250.00 processing fee applies for each fixed-rate segment established. Offer valid for applications submitted and approved May 1 through September 30, 2025. Loan must close on or before October 31, 2025, for introductory rate to apply. This is a limited time offer and is subject to change at any time without notice. Maximum loan amount is $450,000 with a 10-year draw period and up to 15-year repayment period. Properties must be owner-occupied. Eligible property types include SFD and Townhomes (up to 90%), and condos (up to 80%); Not eligible for multi-family properties. Some housing exceptions apply. Closing costs range from $500 to $2,000. The consumer should consult a tax advisor for information regarding the deductibility of interest and charges. Offer applies to new lines of credit with Ideal CU. If refinancing an existing Ideal Credit Union Line of Credit, the limit must be increased by a minimum of $15,000 to be eligible.