Home Equity Line of Credit from BFG

Our Home Equity Line has great features and a LOW RATE!

Our home Equity Line of Credit is priced to save you money. Our current line of credit rate is: as low as 4.00% APR¹

Need Assistance? Call one of our Home Equity Consultants at: 800-306-4400 Ext. 4120


A NO FEE home equity line of credit from BFG gives you peace of mind knowing that you have access to cash when you need it. Our NO FEE HELOC means it costs you less.

  • NO Application Fee 
  • NO Annual Fee
  • NO Appraisal Fee
  • NO Closing Costs²

Low Minimum Advance

Minimum advance is only $500. You can access your line of credit by writing a check for $500 or more.

80.0% Loan To Value

This means we will loan you up to 80.0% of your home's value with our home equity line of credit minus any balance you have on your first mortgage.

10-Year Draw Period & 10-Year Repayment Period

Use your Home Equity line of credit for

  • home improvements
  • large purchases
  • a dream vacation
  • consolidate high-interest debt

Apply today to get started with a great low rate on a home equity line of credit.


Serving individuals who live, work, worship, attend school or volunteer in Summit County, Ohio and their immediate family members and household members. 1 Subject to credit approval.  Variable rates for the home equity line of credit are based on The Wall Street Journal Prime Rate (Prime) and are as low as Prime -0.51% APR (4.00% APR as of 03/04/2020).  Rates may not exceed a maximum of 18.00% APR or go below 4.00% APR at any time during the plan.  Your actual rate will be determined by credit qualifications. One BFG Home Equity Line of Credit per owner occupied property, single family unit, located in Ohio. Certain collateral restrictions apply.  Maximum line amount is $100,000. Loan to Value (LTV) 80% or less.  Hazard and, if applicable, flood insurance is required on collateral property. 2 Closing fees are currently waived on line amounts $10,000 and above.  REIMBURSEMENT OF LENDER PAID COSTS: IF YOU VOLUNTARILY CLOSE YOUR LINE OF CREDIT AND TERMINATE YOUR ACCOUNT WITHIN 36 MONTHS OF THE DATE YOU SIGN THE AGREEMENT, YOU WILL REIMBURSE BFG FOR BONA FIDE FEES IT PAID TO THIRD PARTIES ON YOUR BEHALF IN CONNECTION WITH THE OPENING OF YOUR ACCOUNT.  THESE FEES MAY INCLUDE THE COSTS OF APPRAISAL, TITLE AND FLOOD.  Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. Other restrictions may apply. THIS IS NOT A FIXED RATE OFFER. 3 Consult your tax advisor regarding deductibility of interest.