Borrow up to 100% of the Equity in your Home

We're here to help you get the cash you need, when you need it. Whether you’re looking to consolidate debt, make upgrades to your home or cover unexpected expenses, now you can with The Atlantic Federal Credit Union's 100% loan-to-value Home Equity Line of Credit (HELOC). Borrow up to your home's full value, minus your first mortgage balance. You pay only when you borrow money and as you make payments to us, those funds become available to you again.

Features

Introductory rate of 3.99% APR* for the first 6 months^†
Variable rate as low as 7.00% APR after the introductory period
No application fees & no closing costs for new lines with in-branch closing***
Convenient in-home and remote closing options available***
10-year draw period; 25-year amortization
Free convenience checks to easily access account
No pre-payment fees
Optional Payment Protection Plan

Apply Online

Or Download a Loan Application Here

The Atlantic Federal Credit Union NMLS #440431
NMLS Registry Information for Atlantic Federal Credit Union Mortgage Loan Originators

^†All loans are subject to credit review and approval. An immediate draw of $25,000 is required to qualify for the introductory rate. Any existing Atlantic Federal Credit Union Home Equity Line of Credit (HELOC) that is being refinanced in order to receive the new introductory 6-month APR requires a $50,000 increase in the credit line amount, subject to approval. 3.99% APR is an introductory fixed rate for the first 6 months for qualified HELOC borrowers. After the introductory period, the fully indexed rate will be a variable APR based on the Prime Rate as published in the Wall Street Journal (which as of 01/02/2025 is 7.50%) plus or minus a margin that ranges from -0.50% to 4.00% based upon individual credit and services with The Atlantic Federal Credit Union. The standard minimum APR (floor rate) is 3.50%, and the maximum APR (ceiling rate) is 18.00%. The introductory fixed rate is for a maximum combined loan-to-value (CLTV) ratio of 100%, with a maximum loan amount of $250,000. The maximum term of a HELOC is 25 years, which consists of a 10-year draw period followed by a 15-year repayment period. If the Prime Rate increases or decreases after the introductory period, the variable APR and minimum required payment will change accordingly. The minimum monthly payment during the draw period is calculated monthly based upon the outstanding balance over the remaining term of the loan, but will not be less than $50 or the full amount owed, whichever is less. Promotion offered for a limited time and may be discontinued at any time. Offered rates are subject to change without notice. Additional terms and conditions may apply. Optional remote or in-house closing fee of $175 may apply.