Choosing a loan or line of credit

Using the equity in your home can be a smart way to borrow because the interest rates are generally lower than many credit cards or personal loans. A flexible line of credit lets you borrow over and over again as you pay off your balance. A loan with a fixed rate and term is handy for borrowing for a specific amount and time frame.

The credit union will pay for your closing costs if you keep your line open for at least three years, or your fixed-rate loan is greater than $50,000.*

Home Equity Lending Rates

Effective September 1, 2019
Loan Amount $10,000 – $150,000
TermAmountAPR* as low as
* APR = Annual Percentage Rate. Credit union will pay closing costs; however, if the line of credit is paid off within 3 years, reimbursement is due to the credit union. Appraisal Fee: $350. Processing time: 3 to 4 weeks.
** Prime rate as published at The equity loan rate is subject to change on the first day of the quarter (January, April, July & October) following a change in the prime rate. Draw Period: 15 years (access with home equity checks); First Advance: $2,500 minimum; $500 increments thereafter.
Revolving Line of Credit80% Appraised Value less First MortgagePrime** + .25%
Revolving Line of Credit90% Appraised Value less First MortgagePrime** + 1.00%
5-Year Closed End90% Appraised Value less First Mortgage4.74%
10-Year Closed End90% Appraised Value less First Mortgage5.24%
15-Year Closed End90% Appraised Value less First Mortgage5.74%

Apply at our branches

Loans and lines of credit are available to members in good standing; approval is based on credit history and debt-to-income ratio. Bring your two most recent paystubs when you apply at a branch.

Visit our Saint Agnes Hospital branch to speak to our Loan Officer or call 443-844-3616 during banking hours for more information.

Using home equity is a low-rate, smart way to borrow!

Visit a branch