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Rates at a glance

Loan Rates

Deposit Rates

Home Equity Loan

Why should I get a Home Equity Loan?
A home equity loan might be best if you plan to use the money for a one-time occasion such as a home repair, purchasing a car, paying for your daughter’s wedding, or consolidating debt. Why? Because home equity loans are disbursed in one lump sum.

Also, the interest rate on our Smart Choice Home Equity Loan is fixed and so are the monthly payments. You pay principal and interest every month for the life of the loan. 

  • Borrow $5,000 to $250,000
  • 5, 10 and 15 year options
  • 80% LTV+ for 1st liens.††
  • 80% and 90% CLTV* options for 2nd liens.
  • No pre-payment penalty
  • Fixed Rate
  • Interest may be tax deductible!^

Owner-occupied - primary residence. 

Don’t forget to protect your most valuable asset! TruStage® gives credit union members access to coverage underwritten by Liberty Mutual® Insurance Company - learn more!

The Smart Choice Home Equity Loan and the HELOC must be secured by the owner-occupied primary residence.. Homeowner’s insurance is required. All loans are subject to credit approval.

+ LTV = Loan to Value.
†† 1st Lien Smart Choice Home Equity Fixed Rate loans are limited to a maximum value of 80%.
* CLTV = Combined Loan to Value.
The statements above should not be relied upon without the advice of a Professional Tax Advisor. Interest payments on this loan may be tax deductible depending upon the facts and circumstances. This is not intended to be tax advice.

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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 receive a loan from us. Review membership criteria here.

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Start Your Application Online NOW!

Not_A_Member_Apply_Here_Button

*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.

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

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Visit the nearest Financial Service Center
to apply in person!

Fed Choice