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DO NOT share personal information with unsolicited callers or texters claiming to be with Shell FCU. We will NEVER ask for your Digital Banking User ID or Password. If YOU initiate contact with us we may send you a one-time authentication code. If uncertain, hang up and call Shell FCU at (713) 844-1100. Thank you for the opportunity to serve you!

Home Equity Line of Credit (HELOC)

A HELOC allows you to utilize your home's equity as a revolving line of credit. A HELOC offers flexibility to borrow as you need for any reason, up to a set maximum credit limit. This is a great option if you are unsure of the total amount needed and it leaves the door open to access more funds over a period of time.

As you pay down the balance of your line of credit, your funds become available to use again. Borrow the funds you need and repay the funds you use. Funds are replenished as you pay down your balance. You'll only pay interest on the amount you use, plus, you'll be borrowing at a lower interest rate than most personal loans or credit cards.

HELOC Loans can help with...

  • Debt consolidation
  • Home improvements
  • Vacation
  • Wedding
  • Education
  • Emergencies
  • Or for almost any reason you need cash
Product Name APR* Terms
Home Equity Line of Credit: First Lien Call (713) 844-1100 for current rates. 240 months
  • 60 months Draw Period
  • 180 months Repayment Period
Home Equity Line of Credit: Second Lien Call (713) 844-1100 for current rates. 240 months
  • 60 months Draw Period
  • 180 months Repayment Period

Terms to Know:

  • Draw Period – The amount of time allowed to withdraw funds from the line of credit.
  • Repayment Period – The time period when you start repaying the money you borrowed. During this period, you can no longer withdraw funds from your line of credit.

Apply Now


A Shell FCU HELOC allows you to borrow up to 80% of the appraised value of your home (less any outstanding lien). In most cases, the interest is tax-deductible.

We've put together a HELOC packet of information, which includes:

  • HELOC worksheet to help you determine the equity in your home
  • Checklist of items you'll need when applying for a HELOC and other pertinent information about service providers and lending disclosures

To learn more about Home Equity Lines of Credit, click here.

As always, feel free to contact a loan officer if you have questions.


*APR denotes Annual Percentage Rate. Financing not to exceed 80% Loan to Value less any existing liens or loans. By law, Home Equity loans are only available on primary residences and only one Home Equity loan can be financed per 12 month period. Consult with your tax professional for tax-related advice.