The following rates are effective on June 1, 2023 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 301.699.6151 • 800.969.6151.
Home Equity Line-of-Credit
Loan Type |
Term |
APR* as low as** |
Gold (90% CLTV)†o |
Revolving |
8.25% |
Classic (90% CLTV)§o |
Revolving |
7.75% |
CLTV = Combined Loan to Value.
†Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Gold Home Equity Line-of-Credit is subject to a floor of 3.50% APR. With HELOC Gold, you have the option to pay Interest Only for the first 10 years.
§Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Classic Home Equity Line-of-Credit is subject to a floor of 3.50% APR.
oOn average, closing costs may vary depending upon the amount of the loan, terms, property value, etc. Consult your tax advisor regarding the deductibility of interest and charges.
* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary.