Put the Equity in Your Home to Work for You
Your home is more than a place to live; it is one of your greatest financial assets. If you've built up equity in your property, a Home Equity Line of Credit (HELOC) is a flexible, affordable way to secure the funding you need. Whether you are looking to renovate your kitchen, consolidate high-interest debt, or prepare for major life milestones, we are here to help you tap into your home's potential.
Why choose a Marine FCU HELOC?
Who it's great for: Homeowners in NC, SC, or VA looking for on-demand cash with low variable rates and flexible borrowing power.
The Benefits
Up to $300 in Closing Costs Paid: We’ll pay up to $300 toward your closing costs when you are approved!
No Private Mortgage Insurance (PMI): Keep your monthly payments lower with zero monthly PMI fees.
Easy Account Access: Draw on your funds quickly and easily via simple transfers or custom paper checks.
Extremely Low Rates: Enjoy rates as low as 6.75% APR* (Prime Rate).
Contact Us: Apply online today or call us at (910) 577-7333 or (800) 225-3967 during business hours to speak with an equity specialist.
NMLS ID#: 790338 | View Our Complete Listing of NMLS Representatives
Understanding the Details Behind Your Home's Value
How does a Home Equity Line of Credit work in the real world?
Imagine you are approved for a $10,000 HELOC, but you only need to use $2,000 to cover a quick home repair. With a HELOC, your monthly payment is calculated strictly based on the portion of the $2,000 you've used—not the entire $10,000 credit limit!
Want to know more? HELOC Early Disclosure (NC/SC/VA)*
Does your property qualify for a HELOC?
To ensure we can protect your investment and offer the lowest possible rates, our home equity products follow standard regional guidelines:
Location: This product is exclusively available to homeowners in North Carolina, South Carolina, and Virginia.
Property Type: Secured by a first or second mortgage lien on your primary residence. Your home must be a single-family dwelling. Mobile homes are fully acceptable if they are situated on a permanent foundation. Please note: Condominiums and duplexes do not qualify.
Insurance & Rules: Flood and/or property hazard insurance may be required depending on your location. Other standard restrictions may apply.
Official Disclosures and Variable Rate Terms
Review our detailed structural guidelines and legal disclosures to see how market rates affect your line of credit.
*APR: The HELOC Prime Rate Annual Percentage Yield (APR) is variable and fluctuates with the market based on the Wall Street Journal Prime Rate. However, it will never go below our historical floor rate of 3.50%. Following any change to the Prime Rate, your new rate will be applied at the start of your next monthly billing cycle.
Stipulations: Rates vary based on creditworthiness, underwriting, and credit eligibility. Programs, rates, terms, and conditions are subject to change without notice. Closing costs vary by state and may be as low as $400.
Equal Housing Lender. Federally insured by NCUA. Membership eligibility required.
