A wide range of resources indicate that homeowners typically get approved for a Home Equity Line of Credit between 30-45 days on average. But people who work with local lenders often find they can truncate that timetable to as low as 2-3 weeks in some instances. If you have your financial ducks in a row and do not need to hire an appraiser, the process can be greatly streamlined. Allegiance Credit Union can help you close in as little as two weeks.