Navy Federal HELOC at a glance
- APR as low as
- 7.250%Seen Oct 30, 2026; 8.250% interest-only
- Line amounts
- $10,000 to $500,000
- Credit score
- Not published
- Borrow up to
- 95% of equity
- Draw / repay
- 20 yr draw, 20 yr repay
- Fees
- No application, origination or annual fee
- Closing costs
- Navy Federal pays third-party costs
- Availability
- Members; not in Texas
From navyfederal.org, checked October 30, 2026. “Not published” means the lender's own pages that we read do not state it.
Navy Federal HELOC pros and cons
Pros
- A 20-year draw period, the longest on our list
- Its page says you can borrow up to 95% of your equity
- No application, origination, annual or inactivity fee
- Navy Federal pays third-party closing costs
- Interest-only version available
Cons
- Membership required
- Not available in Texas
- 30 to 40 calendar days to close
- No published minimum credit score
- The lowest rate assumes a 750 score and borrowing no more than 70%
Navy Federal HELOC rates
On October 30, 2026, Navy Federal listed HELOC rates as low as 7.250% APR, or 8.250% for the interest-only version. The rate assumes a 750 FICO score, a primary residence and a maximum of 70% combined loan-to-value. It is variable and based on the prime rate, with an APR minimum of 3.99% and a maximum of 18%. The product page shows no date; its rate page says rates are effective as of the day you view them.
Navy Federal offers a $250 cash reward when you advance $5,000 or more between October 1 and December 31, 2026. See HELOC rates for what borrowers paid.
How Navy Federal's HELOC works
You can draw for 20 years and then repay over 20 years. An interest-only version lets you pay just the interest during the draw, at a higher rate. Fixed-rate home equity loans are a separate product; a fixed option on the HELOC itself is not published.
Navy Federal says it takes about 30 to 40 calendar days to close once it receives your application.
Navy Federal HELOC requirements
- Membership: required.
- Credit score: not published; the lowest rate assumes 750.
- How much: its page says “borrow up to 95% of your home's equity”; the lowest rate assumes no more than 70% combined loan-to-value.
- Property: the lowest rate assumes a primary residence; rates vary by occupancy.
Navy Federal HELOC fees and closing costs
There is no application, origination, annual or inactivity fee, and Navy Federal pays third-party closing costs. On a first-lien HELOC, the member pays prepaid interest and escrow.
The same disclosure also says closing costs “typically range between $300 and $2,000” on lines up to $250,000, so ask what, if anything, you would pay at closing.
Where Navy Federal's HELOC is available
Navy Federal's HELOC is not available in Texas, and you must be a member of the credit union to apply.
How Navy Federal compares
The same published facts for Navy Federal and three lenders worth comparing it with, all checked October 30, 2026.
| Lender | Key figure | Min. credit | Line amounts | Review |
|---|---|---|---|---|
 | APR as low as7.25% | Not published | $10,000 to $500,000 | This review |
 | Intro APR5.49% | Not published | From $5,000 | Read review of Connexus Credit Union |
 | Lines up to$1,000,000 | 660 | $25,000 to $1,000,000 | Read review of Bank of America |
 | APR as low as6.20% | 660 | $25,000 to $500,000 | Read review of U.S. Bank |
- Connexus: Another credit union line, with a 15-year draw, lines from $5,000 and a published intro rate.
- Bank of America: No membership needed, no closing costs and available in all 50 states.
- U.S. Bank: A published rate range from 6.20% and no closing costs.
Navy Federal HELOC FAQ
What credit score do you need for a Navy Federal HELOC?
Navy Federal does not publish a minimum. Its lowest advertised rate assumes a 750 FICO score.
What are Navy Federal's HELOC rates?
As low as 7.250% APR (8.250% interest-only) on October 30, 2026, assuming a 750 score, a primary residence and no more than 70% combined loan-to-value. The rate is variable, between 3.99% and 18% APR.
How much can you borrow with a Navy Federal HELOC?
Lines run from $10,000 to $500,000, and its page says you can borrow up to 95% of your home's equity.
Does Navy Federal charge closing costs on a HELOC?
It pays third-party closing costs and charges no application, origination or annual fee. The same disclosure says closing costs typically range from $300 to $2,000 on lines up to $250,000, so confirm what you would pay.
Is the Navy Federal HELOC available in Texas?
No. Navy Federal says its HELOC loans are not available in Texas.
Sources
- Navy Federal HELOC page (rates and assumptions, 95% of equity, line amounts, terms, fees, Texas, closing time, NMLS), seen October 30, 2026.
Last reviewed October 30, 2026. Rates and terms are what Navy Federal 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
One short form, about 2 minutes. Lenders in your state reach out with offers, and LenderMatch never pulls your credit.
See your HELOC offersGet our rate updates first: add LenderMatch as a preferred source on Google.