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Home Equity Line of Credit

Home Equity Line of Credit

Home Equity Line-Of-Credit

You've put a lot into your home — money, time, sweat effort, and more — all of which is likely a great investment. When you're in need of funds for your next big expense, turn to Atlantic Financial FCU and put your home to work for you. A home equity line-of-credit is available for all our members regardless if they live in Baltimore, MD, the Greater-Baltimore area or elsewhere.

A home equity line of credit, also referred to as a "HELOC", is a second mortgage that gives you access to cash, based on the equity in your home. Equity is the value of your home less the balance remaining on your mortgage. This difference determines the amount of cash you could have access to.


The most common reason to get a home equity line-of-credit is for a reinvestment into your house for major purchases like remodeling, upgrades, or repairs that ultimately help increase the value of your home. While you are free to choose what you do with the money, it is recommended to avoid using funds for things like vacations, new cars, etc, but rather to reinvest in projects that will help you build more wealth and increase the value of your home.


Partner with Atlantic Financial FCU for help turning your home's equity into budget-friendly financing for your needs. Let AFFCU develop a customized financing solution to meet your needs by working with our friendly, experienced lending team who provide prompt, local decision-making and processing.


Home Equity Line-of-Credit

  • Low, Competitive rates
  • No points
  • Convenient access to funds
  • Revolving credit – Funds available anytime without reapplying as your available balance replenishes following payments; apply once, then use as needed thereafter
  • Only pay interest on the part that you use
  • Budget-friendly repayment terms
  • Tax advantages may be applicable*

*Consult a tax advisor.


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Low Competitive Rates

AFFCU offers some of the lowest home equity line-of-credit rates in Baltimore, MD. Take a look at our loan rates table to see what you can afford.


No points

At Atlantic Financial, we believe that great rates shouldn't come from points or closing costs. Our home equity loans come with no points.


Secured by the existing equity in your home

The equity of your Baltimore home is a valuable asset. Take advantage of the money you've put into your home by taking out a line-of-credit up to the full equity you have.


Can I Apply For A Home Equity Line-of-Credit?

Anyone who is a current member or meets our member eligibility requirements is able to apply for a home equity line-of-credit at Atlantic Financial FCU. View our Membership Eligibility Requirements to learn more about the company employees and non-profit volunteers and donors we serve. Once you become a member, you're a member for life, regardless of job or life changes.

  • Competitive rates
  • No points
  • Funds available anytime without reapplying; apply once, then use as needed thereafter
  • Convenient access to funds
  • Revolving credit – available balance replenishes as you make payments
  • The interest paid might be tax deductible*
  • Only pay interest on the part that you use
  • Budget-friendly repayment terms, unique to your situation
  • Prompt, local decision-making and processing
  • Customized, friendly service from our experienced lending team

*Consult a tax advisor

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