Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) is a variable rate line of credit where the collateral is the equity in your house.

Save Money With Buffalo Metropolitan Federal Credit Union's Home Equity Line of Credit.
Borrowers get lower rates and more flexible terms when financing a loan with Buffalo Metropolitan FCU. A home equity line of credit is a perfect solution when you're looking for cash for any reason! With a home equity line of credit you can receive an entire lump sum upfront or draw against a line of credit for five years. 

Unlike most Financial Institutions who only finance up to 80%-90% of your homes apprased value, Buffalo Metropolitan will finance up to 100%.* Finance up to 100% of your homes appraised value minus any existing mortgage or liens equals your available limit.*

 See all Credit Union Loan Rates


Why Choose Buffalo Metropolitan FCU?
Bottom line, credit unions are the best choice for banking:

Learn more about Buffalo Metropolitan FCU


Steps To Apply for a Home Equity Line of Credit With Buffalo Metropolitan FCU.

  1. First, you must open a savings account in order to have any other product or service (e.g. loan) at Buffalo Metropolitan Federal Credit Union.  It’s a small extra step in your usual borrowing experience, but has huge payoffs - See bullets above! Plus, opening an account is easy!! Bring $25.00 (your opening account deposit) and two forms of ID; learn more about the account opening process.
  2. After your account is open and credit union membership is established, you’ll meet with a Loan Officer to apply. Make sure to bring the following documents with you; two recent pay stubs and your driver's license.


About Buffalo Metropolitan Federal Credit Union.
Buffalo Metropolitan Federal Credit Union is a not-for-profit financial institution that exists solely for our members. We were founded in 1937 and today serve over 16,000 members.
People do not only come to us because we offer competitive products and services, but because of how much we care about the well-being of our members.

“I joined because I thought I would get better service since it was a small operation. This turned out to be the best thing I could have done...I receive personal attention every time.”
Charlotte – Credit Union Member for 16 years


Buffalo Metropolitan Federal Credit Union
Banking at its Best

62 S. Elmwood Ave., Buffalo, NY 14202
BfloMetroCU.org • 716.847.6960  • Find us on facebook


Monday-Wednesday 8:30 a.m. - 4:30 p.m.
Thursday & Friday 8:30 a.m. - 5:30 p.m.
Saturday 9:00 a.m. - 1:00 p.m.





1 Rate as low as based on your creditworthiness and other factors. APR=Annual Percentage Rate. $5,000.00 minimum advance at time of closing; must maintain a loan balance for three years or reimburse credit union for all fees (attorney, appraisal and filing fees, title update, and flood certificate); this could range from $600.00-$2,000.00.

2Rate may vary; maximum rate that may be imposed is 15.00%APR.

*Based on your creditworthiness and other factors. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice