Loans
Classic Equity Line of Credit
Provides the flexibility to borrow as as much money as you need, while the rest of your line remains available until you decide to use it. Based on available equity in your house, it may be the perfect, versatile solution for funding numerous expenses – especially those with re-occuring obligations!
- Great rates starting as low as Prime MINUS 1.00% 1
- Borrowing options up to 80% of your home’s value
- Loan amounts of $10,000 – $250,000 available
- No closing cost options
- No application or maintenance fees, no points or origination fees.
- Available for primary residences in the District of Columbia, Maryland, Virginia, West Virginia, Pennsylvania and Delaware.
- Interest on your loan may be tax deductible; see your tax advisor for details.
View NIHFCU’s Home Equity Line of Credit disclosures
For general information about Home Equity Lines of Credit, click here.
Questions? Please contact our Mortgage Services Department at (301) 718-0208, option 5, then option 1, or e-mail us.
Please note, to secure a loan from NIHFCU, you must be a member. Before applying, we recommend checking on your eligibility to join…thanks!
1 this product’s floor (lowest) rate is 4.00%.
