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Routing # 324173383

Home Equity Line of Credit

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We offer two Home Equity Line of Credit options:

Freedom Line HELOC:

  • Flexibility - use the loan proceeds for any borrowing purpose
  • 8-year draw period - you manage and access your own line of credit to meet your borrowing needs
  • Easy access - use a debit card or balance transfers through myPioneer Online Banking
  • Interest-only payments during the draw period

Fixed-Rate HELOC:

  • Flexibility - use the loan proceeds for any borrowing purpose
  • 1-year draw period - 15-year repayment period
  • Interest-only payments during the draw period
  • Low fixed rate - don't worry about rising interest rates
  • Easy access - use a debit card or balance transfers through myPioneer Online Banking
  • A great option for short-term expenses!

*HELOC rates are based on the Prime rate +/- margin with a floor rate of 4.00% as published in the Wall Street Journal. Loan to Value price adjustments apply. The maximum APR that may be imposed is 18%. Rates subject to credit approval. Property insurance is required. Second homes and investment properties may have a higher rate and lower Loan to Value. Additional fees may apply. Rate for Freedom Line HELOC is variable. The margin is determined by the borrower’s credit-worthiness. Any loan fee that is a percentage of the credit limit under the plan and an estimate of any other fees imposed for opening the plan, stated as a single dollar amount or a reasonable range. Please consult your tax advisor regarding interest deductibility.

All loans on approved credit and require application and membership.