A Fixed Rate HELOC That Works as Hard as You Do

Borrow confidently with a steady rate & flexible access to your home’s equity.

Southern Lakes Fixed-Rate HELOC can help you use the equity in your home for expenses such as home repairs, debt consolidation, or other large purchases. With a fixed rate, fixed payments, and fixed term you get the most from the equity in your home with the least amount of hassle.  Contact one of our member-oriented lenders today for to get started with you plans.

At Southern Lakes Credit Union, we believe your home should help you build the life you want. Whether you’re planning home improvements, tackling tuition, or consolidating debt, our Fixed Rate Home Equity Line of Credit (HELOC) offers a smart, stable way to fund what matters most.

What You’ll Love About It:

  • Up to 80% Loan-to-Value (LTV)

  • 5-Year Draw Period, 10-Year Repayment Term

  • Competitive Fixed Rate – no surprises here

  • Flexible Access to Funds – use what you need, when you need it

  • Simple Monthly Payments – just 1.5% of your outstanding balance

How It Works:

Enjoy 5 years of flexibility to borrow as needed—perfect for projects that take time. During the draw period, you’ll make monthly payments of only 1.5% of your outstanding balance. When the draw period ends, your balance becomes a fixed monthly payment, making budgeting simple for the next 10 years.

Let’s Make Your Equity Work for You

Apply online, give us a call, or stop by your local branch—we’re here to help you every step of the way.

Disclosure: All loans subject to credit approval. APR = Annual Percentage Rate. Monthly payments are calculated at 1.5% of the outstanding balance. At the end of the draw period, payments become fixed for the 10-year repayment period. Closing costs may apply.