Home Equity | Mid-Atlantic Federal Credit Union
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Home Equity

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Home Equity and Improvement Loans - Downtown Silver Spring, MDIf you're a Montgomery County homeowner looking to tap into the equity you've built up over the years, Mid-Atlantic Federal Credit Union (MAFCU) offers the low-rate loan or line of credit that works for you ... and your wallet.

With a MAFCU home equity loan or line of credit you can tap the equity in your home for just about any purpose: to make home improvements, consolidate debt, pay for tuition, or even take a vacation.  You could get up to 95% of your home's appraised value.

Find the MAFCU home equity loan or line of credit that's right for you.

Name APR Minimum Loan Amount Maximum Loan Amount
15-Year HELOC (Interest Only) 4.000% 1 $10,000.00  $500,000.00 
15-Year HELOC (Principal & Int.) 4.000% 1 $10,000.00  $500,000.00 
6 to 20-yr Home Equity Loans 5.500%  $10,000.00  $500,000.00 

1Rates available as low as Prime (currently 4.00% ) for owner-occupied properties with terms up to 240 months. Additional rates and terms are available; rates‚ terms and conditions may vary based on creditworthiness and qualifications and are subject to change. Subject to credit and property approval. Maximum loan amounts up to $500‚000 but will be based on the amount of equity available‚ up to 95% of the appraised value of the property. Closing costs vary and will depend on the location of the property and the amount of the loan. Property insurance is‚ and flood insurance may be‚ required. Consult your tax advisor regarding the deductibility of interest. Rates and APRs are subject to change without notice.

Print out generated 05/26/17, 5:14:43 AM, from the Mid Atlantic Federal Credit Union web site at https://www.mafcu.org/take-a-loan/home-equity.