Home Equity Line of Credit (HELOC) | BCCU

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Bellwether Community Credit Union is proud to offer our community Home Equity Line of Credit (HELOC) options designed to suit their needs. While Bellwether mainly serves New Hampshire residents, we do occasionally offer HELOCs outside of New Hampshire. We have even expanded our membership to include anyone living or working in Essex or Middlesex Counties in Massachusetts! Our team of skilled loan professionals will work with you to determine the best solution for your financial needs. With competitive rates, knowledgeable loan staff, and a commitment to high-quality service, we're your premier HELOC lender in the New Hampshire area.




Examine current Home Equity Line of Credit rates below.

Home Equity Lines
Effective Date: Wednesday, October 5th, 2022
Account Type% FinancedAnnual Percentage Rate (APR) As Low AsApplication
Home Equity Line Up to 85% As low as Prime - .25% (Variable) Apply Here
Home Equity Plus Line of Credit Up to 100% As low as Prime + 2.50% (Variable)  

Bellwether offers two different HELOC products *Home Equity Line and **Home Equity Plus Line of Credit. Rates shown are for well qualified borrowers. For each product the Annual Percentage Rate (APR) is variable and will be based on your credit worthiness and ability to repay. Rates are variable, based on the Wall Street Journal Prime (as of 10/1/22, 6.25%) and are subject to change at any time. Each product has an annual fee of $50 which will be charged each anniversary month and a $344 early termination fee may apply if account is closed within three years from account opening. If your property is held in a trust, an upfront, non-refundable $175 trust review fee applies, otherwise there are no origination/application fees. If you pay interest only, you still owe the amounts drawn and your monthly payment will increase when the interest-only period ends. Homeowners insurance is required.

*Home Equity Line: Rates as low as Prime - 0.25%. Prime as of 10/1/22 was 6.25%. Homeowner's insurance is required. All loans subject to credit approval. Floor rate dependent on creditworthiness.

**Home Equity Plus Line of Credit: Maximum 100% combined loan-to-value ratio. Rates are as low as Prime +2.50%. Prime as of 10/1/22 was 6.25%. The variable APR will not exceed 18%. Floor rate dependent on creditworthiness.

Click here for Home Equity Line Disclosure

Click Here for Home Equity Plus Line of Credit Disclosure

Want to discuss potential rates for your HELOC? Visit our Manchester, Nashua, or Bedford branches and talk to our helpful team of loan professionals.



A Home Equity Line of Credit from Bellwether provides you access to the equity you've built up in your home, whenever you need it, simply by writing a check! The line will be available to draw from for up to 10 years. Plus, you'll pay interest only on the amount you've used; that means if you don't use the line, you don't have any payments to make. And, as you pay down the line, your payments will adjust and the funds become available to use again.

Here are a few more benefits of using a Home Equity Line of Credit:

  • Get Money When You Need It: A line of credit functions like a credit card, allowing you to access money when you need it.
  • More Money: With a Bellwether HELOC, you can borrow up to 100% of the value of your home (minus any existing mortgage balances)
  • Lower Interest Rate: HELOCs allow you to borrow money at a lower interest rate than many credit cards.
  • Low Closing Costs: HELOCs typically have low or no closing costs.
  • TaxDeductible: Interest paid on your HELOC may be tax deductible, but be sure to check with your tax advisor to confirm.

Let your favorite NH Credit Union help you conveniently gain access to the money you've already paid into your home.

USING A HELOCTry a HELOC from Bellwether today!

A Home Equity Line of Credit may be the perfect solution for homeowners in need of immediate cash flow. Whether you'd like to start a new home improvement project, want to tackle your child's college tuition expenses, or plan a big life celebration like a wedding, a HELOC from Bellwether can help you turn the equity in your home into usable cash. 

Use a HELOC to cover a variety of expenses, including:



Have a question about applying for Home Equity Line of Credit? Browse our HELOC FAQs below.


A traditional home equity loan allows you to borrow a fixed amount of money in one lump sum, with a fixed interest rate, loan term and monthly payment amount.

A HELOC is a revolving line of credit that allows you to borrow money as you need it, using your home as collateral.

The interest rate on a Home Equity Line of Credit can change at the beginning of each month, based on the fluctuation of prime rates.

It’s easy to apply for a home equity line of credit from BCCU. Apply online, call 1-866-996-9828 to talk to one of our helpful representatives, or visit one of our local branches.

You may be able to get approved for a HELOC in New Hampshire in as little as 30 to 45 days.

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*For well-qualified borrowers.

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