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Home Equity Line-of-Credit. Rates as low as Prime Minus One percent. Learn More.

Home Equity

Coastal understands the value of home equity and wants to share the benefits with you.

Home equity is created in two ways: first, by making monthly payments toward your mortgage and second, through the value of your home as it appreciates. Equity is the difference between the market value of your home and any outstanding mortgage loan balance(s). Through this equity you can qualify for a Home Equity Loan.

  • Variable or Fixed rate options to suit your needs
  • No closing costs if you take an initial advance of $10,000*
  • Interest you pay on the loan may be tax deductible. Consult your tax advisor.

Choose the Home Equity Loan that's right for you:

Variable Rate Line-Of-Credit (HELOC)
  • Save money with rates as low as Prime Minus One!
  • Open ended line-of-credit
  • Interest rate and monthly payment may change
 
Fixed Rate Loan
  • One lump sum loan
  • Regular monthly payments until balance is paid in full
  • Interest rate and monthly payment remain the same over the life of the loan

Apply Online! »

Or call our 24-Hour Lending Center at 1-877-APPLY24.

*No Closing Costs if the initial advance is $10,000 or more and the balance is maintained for at least 12 months. (Otherwise, closing costs could range from $50.00 to $450.00.)

  Current Rates as of 
  Home Equity see all rates | apply
  Variable - as low as
Prime Minus One!

4.25%  APR* ‡
  Fixed - as low as 6.50% APR*
* APR = Annual Percentage Rate

‡ = Lowest rates based on Coastal's Qualified Loan Program.

Related Links:
Second Home Equity
Line-of-Credit
Investment Property Equity
Line-of-Credit
Previously Offered
Home Equity Loans


Have you considered…
a no closing cost mortgage?
experiencing more convenience?
going beyond platinum?


Have a Question?
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Members' accounts are insured by the National Credit Union Administration (NCUA) up to $100,000 (IRA accounts are insured up to $250,000). Equal Housing Lender. Penalty for early withdrawal from Certificate Accounts. Rates subject to change daily. Terms and Conditions do apply. » indicates a 3rd party link. © 2008 Coastal Federal Credit Union All rights reserved.
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