Take Full Advantage of the Equity in Your Home

As an equal housing lender with some of the lowest HELOC rates around, a Triangle Credit Union home equity credit line is a lower cost way to consolidate debt or cross some projects off your to-do list.

80% Loan-to-Value Home Equity Line

Adjusts semi-annually

Apply Now

100% Loan-to-Value Home Equity Line

Adjusts semi-annually

Apply Now

Request a Free Consultation now.

Home Equity Line (1-4 Family):

Terms	Type	Interest Rate	APR	Loan-to-Value (LTV)
15 Years	Variable	7.50%	8.016%*^	80%
15 Years	Fixed	10.99%	11.088%^	80%
15 Years	Variable	10.50%	11.059%**^	100%
Annual Percentage Rate (APR) & Margins based on your credit history. Maximum term of 25 years. Up to 75% financing – additional restrictions may apply. Maximum amount $500,000. ARM Floor rate = 3.0%; CAPS 2/8. This product is good for no more than a total of (4) financed investment properties per borrower with TCU and other lenders. More than (4) will be referred to our Commercial Loan Department. Rates are subject to change at any time. *Annual Percentage Rate (APR) is 11.088% fixed, loan subject to underwriting qualifications, terms and conditions may vary. Your actual rate and margins will be determined by your credit history. Rate is variable, based on the Wall St. Journal Prime Rate plus a margin of 2.50% as of 12/19/2024 and is subject to change at any time, with a maximum rate of 18.00%. Home Equity Line adjusts semi‐annually with a cap of 2/8 and a floor rate of 5.0%, maximum Loan-To-Value 100%; maximum credit line is $250,000 for owner occupied property. $250.00 application fee. See Mortgage Loan Officer for more details. Requests exceeding the above non-owner occupied programs will be referred to our Commercial Loan Department. ^Estimated fees total between $850 and $1650. Homeowner insurance required; Flood insurance may be required. Rates and Fees apply to loans that meet Secondary Mortgage Market underwriting standards; additional rate and fees may apply for loans outside of those guidelines. Rates locked in are valid for 60-days. Homeowner insurance required; Flood insurance may be required. Triangle Credit Union is an Equal Housing Lender and federally insured by the NCUA. NMLS #528721.

HELOC Frequently Asked Questions

To help you navigate your Home Equity Journey, below are our most frequently asked questions. Click each question to open the answer.

A Home Equity Line of Credit, also known as a HELOC, is a line of credit secured by your home that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate debt on other loans.

Home Projects, Debt Consolidation, College Costs, Major Purchases, Finance Live Events & More. Within your application, you will be asked what the funds are for, but you have full access to use the funds however you like post application. – It’s your money, use it how you’d like!

Just complete a transfer to your Checking account! Simply login to your Online or Mobile Banking and select “Make a Transfer” to move funds from your HELOC to your Checking account. It’s that easy!

A HELOC is a secured line of credit.

Your HELOC funds last for 15 years.

No, you do not have to use your HELOC funds immediately.

A HELOC will only affect your home’s overall value if you are using the funds for home improvement projects.

A HELOC will not impact your first home mortgage payments.

Most current paystub reflecting year-to-date earnings
W-2 Form from the most recent year
Verification of other income sources (mutual funds, Social Security, pension, alimony, child support, lease agreements)
Current deed for the subject property
Most recent mortgage statement (If taxes are not escrowed, copy of tax bill)
If Self Employed: Last 2 years of Federal Tax Returns; both personal and business (all schedules), and YTD Profit and Loss Statement

No, you do not need a realtor in order to receive a HELOC.

Ask Our Experts

If you have any additional questions, please do not hesitate to reach out. Give us a call at (603) 889-2470 or email us.

Calculator

Home Improvement

Terms & Amount	Type	Interest Rate	APR	Monthly Payment/$1000
10 Years - $15,000	Fixed	9.99%	10.507%*	$13.21
10 Years - $20,000	Fixed	10.99%	11.517%	$13.77
*Annual Percentage Rate (APR) is based on your credit history, amount borrowed, and designated term. Costs include Flood certification $18.00 and document prep fee $65.00, application fee of $250.00 and a final inspection fee (up to $200.00).