Skip to content
SuperMoney logo
SuperMoney logo
Home Equity Lines of Credit
Advertiser Disclosure

Last Updated: 04/18/2025

UVA Community Credit Union Home Equity Line of Credit Flex

in Home Equity Lines of Credit from University of Virginia Community Credit Union

Last Updated: 04/18/2025

University of Virginia Community Credit Union logo
No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate
Cast Your Vote icon

Cast Your Vote

Compare All Home Equity Lines of Credit

Filter & compare all your options in one place.

Filter & compare all your options in one place.

View All Products
Highlights icon

Highlights

Credit Score Range

N/A

Amount Range

N/A

Maximum LTV

N/A

Minimum Draw

N/A

Loan Term (Years)

Up to 30
Speech bubbles icon

UVA Community Credit Union Home Equity Line of Credit Flex Review

UVA Community Credit Union Home Equity Line of Credit Flex is offered by University of Virginia Community Credit Union , a credit union founded in 1954 and based in Charlottesville, VA. UVA Community Credit Union Home Equity Line of Credit Flex are available in 1 state.

Key Takeaways

  • Only primary residences considered. UVA Community Credit Union Home Equity Line of Credit Flex does not offer financing for vacation homes or investment 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.

UVA Community Credit Union Home Equity Line of Credit Flex Pros & Cons

UVA Community Credit Union Home Equity Line of Credit Flex 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.

What are the terms for UVA Community Credit Union Home Equity Line of Credit Flex?

HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
UVA Community Credit Union Home Equity Line of Credit Flex offers home equity loans with a maximum term of 30 years and a draw period of up to 10 years.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does UVA Community Credit Union Home Equity Line of Credit Flex charge for a HELOC?

UVA Community Credit Union Home Equity Line of Credit Flex may charge an origination fee.

What types of property can you use as security for a HELOC with UVA Community Credit Union Home Equity Line of Credit Flex?

University of Virginia Community Credit Union may consider HELOCs secured by the following property types:
  • Primary residences

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

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

3300 Berkmar Dr
Charlottesville, VA 22901
(434) 964-2001
Visit Site
Email Support

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 - 6:00PM
Saturday
9:00AM - 12:00PM

Other Services by University of Virginia Community Credit Union