Home Equity Loan Rates

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The following rates are effective on July 1, 2021 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.

Calculate Loan Payments

Home Equity Line-of-Credit
Loan Type	Term	APR as low as*
Gold (90% CLTV)^†o	Revolving	3.50%
Classic (90% CLTV)^§o	Revolving	3.50%

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.
^§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 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
Fixed Interest Rates
Loan Type	Term	APR as low as*
5 Year (80% LTV)^{†^}	60 months	3.99%
5 Year (90% CLTV)^†±	60 months	4.99%
10 Year (80% LTV)^{‡^}	120 months	4.24%
10 Year (90% CLTV)^‡±	120 months	5.24%
15 Year (80% LTV)^{‡^}	180 months	4.49%
15 Year (90% CLTV)^‡±	180 months	5.49%

^* 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.

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

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

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Rates at a glance

Loan Rates

Auto/Motorcycle Fixed Loan RatesAs low as 1.99% APR
Home Equity Line-of-CreditAs low as 3.50% APR
Leisure VehiclesAs low as 5.99% APR
Line-of-CreditAs low as 6.75% APR
Share Secured Loans3.10% APR
Signature LoansAs low as 7.49% APR
Smart Choice Home Equity LoansAs low as 3.99%-5.49% APR
VISA® Credit Card RatesAs low as 6.75% APR

Deposit Rates

Checking Accounts0.05% APY
Coverdell ESA Share Account0.15%-0.35% APY
Coverdell ESA Share Certificate0.40% APY
IRA Share Account0.15-0.35% APY
IRA Term Certificates0.40-1.10% APY
Money Markets0.05-0.20% APY
Savings Accounts0.10% APY
Share Certificate0.10% - 1.10% APY

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Home Equity Loan Rates

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