PenFed Home Equity Line of Credit vs. Third Federal Savings & Loan HELOC
Side-by-side comparison · Updated 2026 · Independently reviewed
PenFed Home Equity Line of Credit
PenFed
4.3
Credit union HELOC with no closing costs, no annual fee, and competitive variable rates for members.
Full review →Third Federal Savings & Loan HELOC
Third Federal Savings & Loan
4.6
Perennial rate leader for traditional HELOCs. Low variable rates, no origination fee, $65/yr annual fee.
Full review →WealthSpott Verdict
PenFed Home Equity Line of Credit and Third Federal Savings & Loan HELOC are closely matched. The right choice depends on your credit profile, desired loan amount, and how quickly you need funding.
Feature
PenFed Home Equity
Third Federal Savings
APR Range
8.00% – 18.00%
6.49% – 7.99% Best
Loan Amount
$25,000 – $500,000 Best
$10,000 – $200,000
Term Length
120–240 months
120–360 months
Origination Fee
No closing costs; no annual fee
No origination fee; $65/year annual fee
Min Credit Score
660+
660+
Funding Speed
2–4 weeks
2–4 weeks
PenFed Home Equity Line of Credit
Third Federal Savings & Loan HELOC
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