Why wait?

Improve or repair your home with a no-closing-cost HELOC.

If your home has been damaged in the recent weather events, you don’t have to wait on your insurance check. Take advantage of our low-rate, no-closing-cost HELOC, or home equity line of credit, and get your house in order sooner.

You’ve earned the equity in your home, so use it for the things you need.

Call 918-699-7100 for more details or apply online using the link below.

View Rates    Apply for a HELOC

Energy One offers a no-closing-cost, variable Annual Percentage Rate (APR) based on the prime rate as published in the Wall Street Journal, plus a margin based on creditworthiness, loan to value and credit limit. The floor, or lowest rate APR available, will be 4.00%. An increase in the prime rate will result in an increase in the periodic rate which, in turn, will result in a higher payment. The APR cannot increase to more than 18%, which is the maximum rate allowed by law. This offer is limited to consumer Home Equity Lines of Credit (HELOCs) secured by your homestead (primary residence). Property insurance is required, including flood insurance where applicable.

To qualify for the no-closing-cost promotion, the initial advance must be at least $15,000 after the right of rescission, or “cooling off” period, has passed. If an appraisal, policy of title insurance or courtesy closing fees are required, the applicant is responsible for those costs, even if the $15,000 advance is completed. Oklahoma LTV limit is 90% and Texas homestead properties are limited to 80% combined loan to value for home equity financing. All loans are subject to credit approval and Energy One FCU lending policies. Other restrictions may apply. In Texas, there is a 12-day “cooling off” period on all HELOCs. Oklahoma and Texas have a three-day right of rescission after closing before the funds may be disbursed. Actual time of funding may differ depending on appraisal, title, state of origin and other underwriting requirements. This is a promotion offer and is subject to change at any time without notice. All loans are subject to application, credit qualification and income verification; additional evaluation and verification criteria may apply. Energy One membership and eligibility are required.