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Home Equity Loans

With extra money in hand, the possibilities are endless. 

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Tackle big projects - or take on anything else on your to-do list

In financial terms, home equity is the market value of your home minus your mortgage balance. In practical terms? That equity is your ticket to a low-cost loan that can be used for almost anything, from remodeling projects, major purchases and debt consolidation to family vacations and college costs. You can access home equity funds two ways - as a lump sum and a line of credit. Our friendly lending team can help you choose.

Home Equity Loans

  • Get all your money as soon as the loan is approved
  • Fixed rate on your loan
  • Borrow up to 80% of the equity in your primary or secondary home
  • Loans from $5,000 to $200,000
  • No closing costs3
  • Flexible repayment periods, from 5 to 15 years
  • Annual interest charges may be tax-deductible (consult your financial advisor)

Home Equity Line of Credit (HELOC)

  • Get access to a pool of money that you can tap into as often as you wish for any reason1
  • Credit limit is 85% of the equity in your primary or secondary home
  • Variable loan rate, based on the Prime Rate2
  • Loans from $10,000 to $200,000
  • No closing costs3
  • Access credit line for 20 years - then take 20 years to repay any remaining debt
  • Tap into funds through Online Banking or our Mobile App, calling 301-586-3400, or at a branch.
  • Pay interest only on funds you have used
  • As you repay what you've borrowed, the money is available again for other purposes

Features & Benefits

Fixed Rate Home Equity Rates
Term APR as low as Loan to Value Comments
5 Years 6.49% Up to 80% No closing costs! (provided initial loan amount is $20,000 and loan remains open for 36 months)
7 Years 6.99%    
10 Years 7.49%   Minimum Loan Amount: $5,000. Maximum Loan Amount $200,000. Maximum Loan to Value (LTV) for owner-occupied and non-owner-occupied properties is 80% of tax assessed or appraised value. Rate based on credit evaluation.
15 Years 7.99%    

Rate Disclosures


Home Equity Line of Credit Rates
Variable APR as low as Comments
8.00% No closing costs! (provided initial advance is at least $20,000 and loan remains open 36 months.) Minimum HELOC amount: $10,000, Maximum HELOC amount: $200,000

Rate Disclosures

Home Equity

Market USA Federal Credit Union is a full-service financial institution with locations in Maryland and South Carolina as well as nationwide locations through the Shared Branch Network.