Home Equity Loans & Lines of Credit
Unlock your home’s value.
Leverage your home’s value with our home equity
Your home is one of your most valuable financial assets. With our fixed home equity loan and line of credit rolled into one Flex Equity Line, you can access flexible, affordable financing for renovations, debt consolidation, or major expenses while enjoying the stability of a fixed rate and the convenience of a line of credit.
Flex Equity Line of Credit
Our Flex Equity Line of Credit gives you the best of both worlds.
You can use it two ways for more flexibility…
- A variable rate line of credit
- You can take advantage of the option to lock in a portion of your balance at a competitive fixed rate, term, and payment
Our Flex Equity Line gives you the flexibility to use the equity in your home to have cash on hand when you need it. Plus, as you make payments, the money becomes available again in your line of credit.
Other benefits include…
- 12-month introductory rate
- Payments based on the amount you borrow
- Credit lines up to 90% of the equity in your home
- Competitively low-interest rates
- Easy payment options
- Easy access to funds
How it works…
- When you’re approved for a Flex Equity Line you have the option to draw on your line of credit or lock in portions just like a fixed-rate, fixed-term loan
- You can use money from your Flex Equity Line for up to 10 years
- As you repay the money you’ve used, the money becomes available again on your line of credit
- You can lock in the rate for up to 4 portions of your line of credit and pay them off with fixed monthly payments
- The minimum line is $7,500
- The minimum amount to lock the rate is $5,000
- Each portion can be locked in for up to 15 years
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LTV1 |
APR2 (as low as) |
|---|---|
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1LTV = Loan To Value |
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LTV1 up to 70% |
APR2 (as low as) 6.49% |
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LTV1 71-80% |
APR2 (as low as) 6.74% |
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LTV1 81-90% |
APR2 (as low as) 7.49% |
FAQs
You must apply online, over the phone, or at one of our branches.
You can borrow up to 90% of the equity in your home.
A draw period is when you can take an advance from your line of credit. From the day it is booked, your line is available for 10 years to take advances from the line. After the 10-year draw period will convert to a repayment-only status, it will be in repayment only, and no more advances can be taken. The repayment will be recalculated to pay off the balance over 15 years.
On average, these loans take about 19 days from application to closing. However, with us, you could close in as little as 6 days! Our streamlined process allows for quick approvals, pending essential steps like appraisals and lien searches. We’re here to make the journey to closing fast and hassle-free!
Back to top Apply for a Home Equity Loan/Line of Credit
Disclosures
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*Introductory 4.99% Annual Percentage Rate (APR) is effective for the initial twelve months of the line of credit portion. After the introductory period, the rate converts to the standard variable rate. APR shown is for an applicant with a credit scores 735 or higher. Other rates are available for up to 100% financing. Rate based on the Wall Street Journal Prime Rate which was 6.75% as of 12/11/2025. This is a variable rate loan product and your payment and rate are subject to change. Maximum 17% APR. No floor rate on this product. Monthly payments may range from 0.5.% to 1.50% of the balance owed. Late payment fees of 5% of the monthly payment or $35.00 whichever is greater may apply. $7,500 minimum line of credit. $99 origination fee will apply. Maryland homeowners are responsible for Maryland government recordation tax, amounts vary per county and amount borrowed. Homeowners insurance required. Rates may change without notice. All loans subject to credit approval.
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Equal Housing Lender
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This credit union is federally insured by the National Credit Union Administration.