Timely mortgage payments pay off with a HELOC. Finance all kinds of needs using your home’s equity as collateral.

Key Features

Competitive Rates

Local Service

Revolving Credit

Tax Advantages*

  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more!
  • The existing equity in your home is used as collateral backing
  • Borrow up to 90% of your available equity
  • Accommodating repayment terms that work uniquely for you
  • Revolving credit – as principal is repaid, more becomes available for use
  • Funds easily available via phone, online banking, or Bonjour telephone banking transfers to a specified Meritus Credit Union checking account
  • The interest paid might be tax deductible*
  • Applying is quick, easy, and fee-free**
  • Local decision-making and processing in Acadiana
  • Attentive, friendly service from start to finish

*Consult a tax advisor.

**There are some third party fees associated with opening this plan. Meritus Credit Union will waive these fees on an initial advance of $10,000 or more. Fees generally range from $100.00 to $600.00. Early payoff (less than three years) requires repayment of fees. Adequate property insurance must be maintained.