Interest-Only Home Equity Line of Credit | Atlantic Federal Credit Union
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Interest-Only Home Equity Line of Credit

For the lowest possible monthly payment, our Interest-Only Home Equity Line of Credit gives you control. Apply today for an interest-only home equity line of credit and use the equity you've built up in your own home to fund that next major expense.

We offer low rates and five-year interest-only payments for greater convenience. Ask one of our representatives about getting started.


  • Rates as low as 2.99% APR*
  • Low closing costs**
  • Five-year interest-only payments
  • Five-year draw period
  • 25-year amortization
  • Low $25 appraisal fee
  • Up to 80% loan to value
  • Optional Payment Protection Plan

*APR=Annual Percentage Rate. Variable rate based on the prime rate plus or minus an index and adjusted quarterly. Maximum 80% loan to value. **$300 conversion fee for existing Atlantic Federal real estate loans. $109 tax service fee may apply.

Download an Application and the Terms of Agreement or Apply Online.

NMLS Registry Information for Atlantic Federal Credit Union Mortgage Loan Originators

  • I am writing today to commend Lynn and express my gratitude for the high quality customer service she always provides whenever I call the Credit Union.  She is professional, courteous and patient.  I can feel her smile each and every time we talk on the phone.

  • I recently had an emergency and needed a Home Equity loan quickly.  My initial contact was with Aida and the loan was finalized by Sabrina.  This was a very stressful time for me and both of these women were professional, patient, knowledgeable and considerate. They answered all of my questions, explained the various options as well as the process.  They are an asset to the Credit Union.