Connexus HELOC at a glance
- Intro APR
- 5.49%Until Oct 1, 2027; as of Oct 30, 2026
- After the intro
- 8.06% variable8.56% interest-only
- Line amounts
- From $5,000Maximum not published
- Credit score
- Not published
- Max CLTV
- 90%
- Draw / repay
- 15 yr draw, 15 yr repay
- Fees
- No annual fee; closing costs $175 to $2,000
- Availability
- Members; not in MD, TX, HI, AK
From connexuscu.org, checked October 30, 2026. “Not published” means the lender's own pages that we read do not state it.
Connexus HELOC pros and cons
Pros
- An intro rate that lasts until October 1, 2027
- Lines from $5,000
- Borrow up to 90% of your home's value
- A 15-year draw period and no annual fee
- In most cases no appraisal is required
Cons
- Membership required
- Not available in Maryland, Texas, Hawaii or Alaska
- Variable only; no fixed option on the line
- Closing costs of $175 to $2,000
- No investment properties
Connexus HELOC rates
As of October 30, 2026, Connexus listed a 5.49% introductory APR until October 1, 2027, then 8.06% variable, or 8.56% for the interest-only version. The rates assume borrowing 80% or less of your home's value and all available discounts.
After the intro, the rate adjusts every April and October to the 12-week average of the 1-year Treasury (constant maturity) plus a margin, with a 15.9% APR maximum. Its rate table also shows “5.99% until April 1, 2028,” which the disclosure does not explain, so ask which intro offer applies. See HELOC rates for context.
How Connexus's HELOC works
You can draw for 15 years and then repay over 15 years. The payment is 1.5% of the balance ($25 minimum), or interest only on the interest-only version. The HELOC is variable only; Connexus offers a separate fixed-rate home equity loan.
Connexus HELOC requirements
- Membership: required.
- Credit score: not published.
- Combined loan-to-value: up to 90% of your home's value (keep at least 10% equity).
- Property: primary homes and second homes at least 50 miles from your primary home and owned 6 months or more. No investment properties.
- Appraisal: “in most cases” not required.
Connexus HELOC fees and closing costs
There is no annual fee. Borrower-paid closing costs run $175 to $2,000, depending on your terms and location.
Where Connexus's HELOC is available
Connexus does not offer its HELOC in Maryland, Texas, Hawaii or Alaska, and you must be a member to apply.
How Connexus compares
The same published facts for Connexus and three lenders worth comparing it with, all checked October 30, 2026.
| Lender | Key figure | Min. credit | Line amounts | Review |
|---|---|---|---|---|
 | Intro APR5.49% | Not published | From $5,000 | This review |
 | APR as low as7.25% | Not published | $10,000 to $500,000 | Read review of Navy Federal Credit Union |
 | Lines up to$500,000 | 600 typical | Up to $500,000 | Read review of AmeriSave Mortgage |
 | Intro APR5.49% | Not published | $15,000 to $1,000,000 | Read review of Truist |
- Navy Federal: Another credit union line, with a 20-year draw and no lender fees.
- AmeriSave: Also up to 90% CLTV, with a 600 typical minimum and no membership.
- Truist: The same 5.49% intro rate, for 9 months, on lines up to $1,000,000.
Connexus HELOC FAQ
What is Connexus Credit Union's HELOC rate?
As of October 30, 2026, a 5.49% intro APR until October 1, 2027, then 8.06% variable (8.56% interest-only), assuming 80% loan-to-value or less and all discounts.
How much can you borrow with a Connexus HELOC?
Up to 90% of your home's value, with lines from $5,000. Connexus does not publish a maximum line.
Does Connexus require an appraisal for a HELOC?
In most cases no, per its HELOC page.
Does Connexus charge closing costs on a HELOC?
Yes, borrower-paid closing costs of $175 to $2,000 depending on terms and location. There is no annual fee.
Where is the Connexus HELOC not available?
Maryland, Texas, Hawaii and Alaska. Credit union membership is required.
Sources
- Connexus Credit Union HELOC page (rates, CLTV, line minimum, terms, fees, property rules, states, NMLS), seen October 30, 2026.
Last reviewed October 30, 2026. Rates and terms are what Connexus published on its own site, not offers from LenderMatch. LenderMatch is not a lender and does not make loans or credit decisions.
Keep reading
- HELOC requirements and eligibility: credit score, equity, DTI and the documents you need8 min read
- What is a HELOC? How it works, and what happens after year 108 min read
- HELOC vs home equity loan: fixed lump sum or variable line? The $50,000 math8 min read
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