Does Pentagon Federal Credit Union offer HELOCs?

This nationally accessible credit union offers HELOCs to its more than 2 million members. Pentagon Federal Credit Union, better known as PenFed, is the second-largest federal credit union in the country. It serves more than 2.3 million members in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and Okinawa.

What is Pentagon Federal Credit Union?

Pentagon Federal Credit Union, better known as PenFed, is the second-largest federal credit union in the country. It serves more than 2.3 million members in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and Okinawa. PenFed mainly serves the armed forces community and government employees.

Can I get multiple PenFed loans & HELOCs?

Multiple PenFed Loans: Multiple PenFed Equity loans and HELOCs are available as long as the member and collateral qualify (except Texas). For Equity loans and HELOCs the total indebtedness cannot exceed $500,000 for all PenFed Equity and HELOCs combined. PenFed does not lend on: • Mobile homes • Co-ops or time-shares