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Home Equity Loan

1.99% APR* Promotional Rate

Love your Home Equity Line of Credit, plus borrow up to 100% so you can quickly access the funds you need to reach your goals.

Use promo code EQUITY

Limited Time Offer

Don't miss the promo rate!

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Receive a promotional rate of 1.99% APR for the first six (6) months with our Variable Rate or our Interest-Only Variable Rate Home Equity Line of Credit from April 4 – July 31, 2022. Draws of $5,000 or more qualify. Promotional rate term begins on the day disbursements total $5,000 and applies to any additional draws made during the promotional period.

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Love your home 100%

Unlike other financial institutions that only let you borrow up to 80% of your home equity, BayPort lets you borrow up to one hundred percent!

Ways to Use a Home Equity Line of Credit

Use your funds any way you want!

College Spending

Home Improvement

Travel

Almost Anything!

Two Choices to Save

Interest Only

Variable Rate

Which HELOC option works best for you?

15-year draw

15-year repayment


Interest-only payments during the draw period, followed by 15 additional years to repay in full.

10-year draw

15-year repayment
25-year term


Access funds for a 10-year period while enjoying a repayment term of 15 years.

Get the financial flexibility you need without the pressure of using all your funds at once. Access your funds 24/7 through Online and Mobile Banking.

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"I feel confident in having a relationship with a bank that cares about me, my financial health, and protecting my money."

– Tempest W., Newport News, VA

Join BayPort Credit Union

Apply for a home equity loan online.

It only takes a few minutes to apply for a Home Equity Line of Credit from BayPort so you can tap into the funds you need.

Use promo code EQUITY

*APR=Annual Percentage Rate
Membership eligibility required. Certain restrictions and terms may apply. Interest rates are subject to change without notice. The promotional rate of 1.99% is good for 6 months once $5,000 in advances have been made during the promotional period of April 4 to July 31, 2022. After that, the interest will be based on your creditworthiness and will vary with the market based on the Prime Rate. Principal and interest payment will be applied to the promotional balance first. The promotional rate is available on HELOCs with a draw period greater than two years. The 2-year Draw/12-year Term and the 2-year/17-year Term interest-only HELOCs and BayPort loans are not eligible. The maximum annual percentage rate will not exceed 18%. Interest rates do not include pricing adjustments for loan to value, loan amounts, and credit score. BayPort may lend up to 100% of the assessment or appraised value.  Property insurance and if applicable, flood insurance is required. No closing costs, excluding appraisal fee if required. The appraisal fee is usually $625.00. The fee will be collected up front and the appraisal will be ordered from one of the appraisers on our approved list. If you close your loan within twenty-four (24) months, you will be required to reimburse the Credit Union for closing costs paid on your behalf.  Additional fees may apply.


This credit union is federally insured by the National Credit Union Administration.

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