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

NET Credit Union HELOC

in Home Equity Lines of Credit from NET Credit Union

Last Updated: 04/18/2025

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Credit Score Range

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Amount Range

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Maximum LTV

N/A


Minimum Draw

N/A


Loan Term (Years)

Up to 30

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NET Credit Union HELOC Review

NET Credit Union HELOC is offered by NET Credit Union (NMLS #431451), a credit union founded in 1941 and based in Scranton, PA. NET Credit Union HELOC are available in 50 states and Washington, DC.

Key Takeaways

  • Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.

NET Credit Union HELOC Pros & Cons

NET Credit Union HELOC FAQ

How much can you borrow with a HELOC?

HELOCs are lines of credit secured by your home. Once approved, you can access funds by check, phone, credit card, or online up to your credit limit.
Borrowers can apply for lines of credit of up to $500,000. The maximum amount depends on property value, existing mortgage balance, and creditworthiness.
Typically, borrowers with good credit can qualify for up to 85% of the property value, minus the balance on their first mortgage.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does NET Credit Union HELOC charge for a HELOC?

NET Credit Union HELOC may charge an origination fee.

What types of property can you use as security for a HELOC with NET Credit Union HELOC?

NET Credit Union may consider HELOCs secured by the following property types:
  • Primary residences
  • Secondary or vacation homes

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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

119 Mulberry St
Scranton, PA 18503
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:30PM
Saturday
8:30AM - 12:30PM

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