Bethpage Federal Credit Union HELOC
Competitive HELOC rates with no closing costs on lines up to $500,000. Interest-only payment option during draw period.
Last checked on September 4, 2026. We may earn a commission when you click through.
Bethpage Federal Credit Union HELOC
Updated 1 month agoAPR Range
5.99–7.5%
Amount
$10k–$500k
Term
60–240 months
Type
heloc
You'll be redirected to fourleaffcu.com
Our Verdict
The Bethpage Federal Credit Union HELOC offers competitive rates and flexibility, making it a viable option for homeowners looking to tap into their equity.
Best For
This HELOC is best for borrowers seeking a no-closing-cost option and who prefer interest-only payments during the draw period.
Watch Out
Potential borrowers should be aware of the variable interest rates after the introductory period and ensure they have a credit score of at least 660.
Full Review
The Bethpage Federal Credit Union HELOC stands out with its competitive interest rates ranging from 5.99% to 7.50%, particularly for those who may be looking for a line of credit up to $500,000. One of its key advantages is the interest-only payment option during the initial draw period, which can ease monthly cash flow for homeowners. Additionally, the absence of closing costs makes it an attractive choice for those cautious about upfront expenses.
However, it's important to note that the interest rate is variable after the first 12 months, which could lead to higher payments down the line as market rates fluctuate. The minimum credit score requirement of 660 may also limit access for some potential borrowers. While this HELOC is a solid option, homeowners should compare it with other lending institutions to ensure they're getting the best deal for their needs.
Alternatives may offer fixed-rate options or different repayment plans that could better suit certain financial situations. In conclusion, the Bethpage Federal Credit Union HELOC is a strong contender for those with good credit seeking flexibility and low initial costs.
Requirements
- Homeowner with equity in property
- Credit union membership required
- Good credit history
Similar options
Spring EQ Home Equity Loans
MortgageAPR
8.5–11.5%
Amount
$25k–$500k
Term
60–360mo
Best for: This option is best for borrowers who want to access up to 95% of their home value quickly and easily through a digital process.
LendingClub Debt Consolidation Loan
ConsolidationAPR
5.96–35.99%
Amount
$1k–$40k
Term
24–60mo
Best for: Best for borrowers with a credit score of at least 600 seeking fast approval and funding.
SoFi Debt Consolidation Loan
ConsolidationAPR
7.74–35.49%
Amount
$5k–$100k
Term
24–84mo
Best for: This loan is ideal for borrowers with a solid credit score looking to simplify their payments without incurring additional fees.
NetCredit Personal Loans
PersonalAPR
34.0–36%
Amount
$1k–$10k
Term
6–60mo
Best for: This service is best for individuals needing immediate financial assistance and who may have trouble qualifying with other lenders.
Rocket Mortgage by Quicken Loans
MortgageAPR
6.875–7.148%
Amount
$50k–$3M
Term
180–360mo
Best for: This service is best for tech-savvy individuals who prefer managing their mortgage application online, as well as those looking for FHA, VA, or conventional loans.
Figure Home Equity Line of Credit
MortgageAPR
6.75–15.0%
Amount
$15k–$750k
Term
60–360mo
Best for: This product is ideal for homeowners looking for quick access to funds for home improvements, debt consolidation, or other major expenses.