HELOC Application

Before You Begin

Applying for a Baylands FCU loan online is a simple process and it will only take about five minutes of your time. The following are a few important pieces of information regarding the online loan application process:

  • Baylands FCU can only consider loan applications from members or those eligible for membership. If you choose to accept a loan from BayLands FCU, you will be required to become a member.
  • The online application requires information about the applicant and co-applicants income and debts.
  • After submission of your application, it will be reviewed by a Mortgage Lending Specialist and you should receive a response before the end of the next business day.

Application Agreement

By clicking the “Accept” button, you promise that everything you state in your application is correct to the best of your knowledge and that the following information is a complete listing of what you owe. If there are any important changes you will notify us in writing immediately. You authorize the Credit Union to obtain credit reports in connection with this application for credit and for any update, increase, renewal, extension or collection of the credit received. You understand that the Credit Union will rely on the information in this application and your credit report to make its decision. If you request, the Credit Union will tell you the name and address of any credit bureau from which it received a credit report on you. The Credit Union may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit reports. It is a federal crime to willfully and deliberately provide incomplete or incorrect information on loan applications made to federal credit unions insured by NCUA.

Review the HUD Fair Housing Statement

Review the CFPB Home Equity Booklet

Review the Home Equity Loan Initial Disclosure

To continue with your application, you will need to accept the above documentation

Getting Started

Primary Applicant

Applicant Personal Information

Applicant Previous Addresses (Back 2 years - Street, City, State, ZIP)

Applicant Employment/Income

Applicant Assets

Applicant Liabilities


Co-Applicant Personal Information

Co-Applicant Previous Addresses (Back 2 years - Street, City, State, ZIP)

Co-Applicant Employment/Income

Co-Applicant Assets

These Questions Apply to both Applicant and Co-Applicant

Finishing Up

Demographic Information of Borrower

The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fulfilled. For residential mortgage lending, Federal law requires that we ask applicants for their demographic information (ethnicity, sex, and race) in order to monitor our compliance with equal credit opportunity, fair housing, and home mortgage disclosure laws. You are not required to provide this information, but are encouraged to do so. You may select one or more designations for "Ethnicity" and one or more designations for "Race". The law provides that we may not discriminate on the basis of this information, or on whether you choose to provide it. However, If you choose not to provide the information and you have made this application in person, Federal regulations require us to note your ethnicity, sex, and race on the basis of visual observation or surname. The law also provides that we may not discriminate on the basis of age or marital status information you provide in this application. If you do not wish to provide some or all of this information, please check below.

Demographic Information - Applicant

Demographic Information - Co-Applicant

User Agreement

Everything that I have stated in this application is correct to the best of my knowledge. The Credit Union is authorized to check my credit, employment history, obtain a credit report and to answer questions about their credit experience with me. I understand that it may be a federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts as applicable under the provisions of the United States Criminal Code.