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Home Equity Lines of Credit
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Last Updated: 04/18/2025

Brotherhood Credit Union HELOC

in Home Equity Lines of Credit from Brotherhood Credit Union

Last Updated: 04/18/2025

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Highlights

Credit Score Range

N/A


Amount Range

$10,000 - $500,000

Maximum LTV

70%

Minimum Draw

N/A


Loan Term (Years)

1 - 40

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Brotherhood Credit Union HELOC Review

Brotherhood Credit Union HELOC is offered by Brotherhood Credit Union (NMLS #494722), a credit union founded in 1934 and based in Lynn, MA. brotherhood credit union are available in 50 states and Washington, DC.

Key Takeaways

  • No primary residences considered. Brotherhood Credit Union HELOC does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • Maximum LTV. Brotherhood Credit Union HELOC has a maximum loan to value ratio of 70%.
  • Long loan terms. Brotherhood Credit Union HELOC offers mortgage terms of up to 40 years. Most mortgage refinancing loans have a maximum term of 30 years.

Brotherhood Credit Union HELOC Pros & Cons

Brotherhood Credit Union HELOC FAQ

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does brotherhood credit union charge for a HELOC?

Brotherhood Credit Union HELOC may charge an origination fee.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

75 Market St
Lynn, MA 01901
Visit Site

Hours of Operation

Sunday
Closed
Monday
8:30AM - 4:30PM
Tuesday
8:30AM - 4:30PM
Wednesday
8:30AM - 4:30PM
Thursday
8:30AM - 6:00PM
Friday
8:30AM - 4:30PM
Saturday
8:30AM - 12:00PM

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