Home Equity Loan Rates


The following rates are effective on January 1, 2020 and subject to change without notice. For updated information, inquire at any FedChoice Financial Service Center (FSC) location or contact our Member Care Center at 301.699.6151800.969.6151.

Calculate Loan Payments

Home Equity Line-of-Credit

Home Equity Line-of-Credit
Loan Type Term APR as low as*
Gold (90% CLTV)†o Revolving 4.50%
Classic (90% CLTV)§o Revolving 4.00%

CLTV = Combined Loan to Value.
Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly.
§Variable rate is based on The Wall Street Journal Prime minus .50%. Rate adjusted monthly.
oOn average, closing costs are approximately $1,000 but may vary depending upon the amount of the loan, terms, property value, etc. Consult your tax advisor regarding the deductibility of interest and charges.

Smart Choice Home Equity Loans

Smart Choice Home Equity Loans
Fixed Interest Rates
Loan Type Term APR as low as*
5 Year (80% LTV)†^ 60 months 4.49%
5 Year (90% CLTV)†± 60 months 5.49%
10 Year (80% LTV)‡^ 120 months 4.74%
10 Year (90% CLTV)ౠ120 months 5.74%
15 Year (80% LTV)‡^ 180 months 4.99%
15 Year (90% CLTV)ౠ180 months 5.99%

* Annual Percentage Rate.
Owner-occupied primary residence only. 1st or 2nd lien, no pre-payment penalty.
Borrow $5,000 to $250,000.
Borrow $10,000 to $250,000.
^ 1st lien Smart Choice Home Equity Fixed Rate loans are limited to a maximum loan to value of 80%.
± Not applicable to 1st liens for Smart Choice Home Equity Fixed Rate loans.


Start Your Application Online NOW!


*Applying for a loan as a nonmember also submits a membership application. You must be a member of FedChoice to have receive a loan with us. Review membership criteria here.

Phone Icon

Call us at +1-301-699-6151 / +1-800-969-6151
to apply over the phone.

Person Icon

Visit the nearest Financial Service Center
to apply in person!

Rates at a glance

Fed Choice