Home Equity Lines & Loans
A smart way to put your home’s value to work.
Put your home equity to work
Your home’s equity is the difference between what your home could sell for and what you owe on the mortgage. We offer a variety of options including variable rate and fixed rate options. You can access your equity to:
Pay off existing credit card debt
Consolidate your current credit cards at a lower rate, lower payment, and in one location.
Make home improvements or renovations
Now you can afford that room addition, add outdoor living space, or catch up on needed repairs, at a great low rate.
Pay for a college education
College costs are soaring, but your home equity can help bring them down to earth. Use it to set you or your children on firm financial ground.
Cover large medical expenses
With an unplanned medical expense, deductibles, co-pays, and bills can pile up in a hurry. Your home equity can help keep you afloat.
CURRENT RATES
Loan Type | Draw Period | Repayment Period | APR* as low as | Adjust/Reprice | Max CLTV |
|---|---|---|---|---|---|
Loan Type Variable Rate HELOC | Draw Period 120 months | Repayment Period 240 months | APR* as low as 5.75% | Adjust/Reprice Monthly based on prime rate | Max CLTV Lesser of 95% LTV or $399,999 |
Loan Type Fixed Rate HELOC | Draw Period 24 months | Repayment Period 60 months | APR* as low as 6.00% | Adjust/Reprice Fixed rate | Max CLTV Lesser of 95% LTV or $200,000 |
*APR=Annual Percentage Rate. CLTV= Combined Loan to Value. Rates and terms as of January 1, 2026, and are subject to change without notice. Lowest stated APR assumes a credit score of 750 or above and an CLTV of 90% or less. $99 origination fee. No annual fee. Rate, terms, and conditions as stated in the Home Equity Agreement will apply. Payment in draw period is interest only. Payment amount may increase after draw period ends. Annual percentage rate is subject to a monthly adjustment after consummation. APR not to exceed 18%. Subject to credit, collateral, and underwriting approval. Meridian Trust Federal Credit Union is federally insured by the NCUA and is an Equal Housing Lender. NMLS ID #412716.
RELATED PRODUCTS + SERVICES
Ready to use your home’s equity.
Whether you are planning a project, handling the unexpected, or consolidating debt, we can help you choose the right home equity option.