The Texas Bay Credit Union is a home equity line of credit from Texas Bay Credit Union. Application typically pulls a hard report from TransUnion. The ongoing APR is 1st lien As low as 7.74%; 2nd lien As low as 8.24% (APR variable, Prime Rate plus a margin; standard variable APR of 7.74% to 18.00% based on creditworthiness; rates effective October 1, 2026). Typical credit limit: Minimum amount is $10,000 (minimum advance at closing $5,000). Loan terms: 5-year draw period with interest-only payments followed by a repayment period ranging from 15-20 years.