Home Equity Loans

Take Advantage of Our Great Low Rate!

You’ve spent years investing and building equity. Now is the time to borrow money the smart way. A Home Equity Loan from Carolina Federal Credit Union is an affordable, safe way to maximize your spending options without depleting your savings. You’ll have access to a credit union loan whenever you need it, for whatever you need!

Facts about CFCU Home Equity Loans:

  • Great Low Rates!
  • Possible Tax Advantages (*Consult your tax advisor first.)
  • No Origination Fees
  • No Penalty for Early Payoff or Extra Payments
  • Potential Line-of-Credit Amount Up To 100% of Tax Value or Recent Appraisal
  • Maximum Loan Amount Not To Exceed $150,000
  • Minimum Equity/Loan Amount of $10,000
  • Stick-Built Homes Only
  • Must be Primary Residence
  • Draw Period is 10 Years
  • Payoff Deadline is 15 Years

Home Equity Early Disclosure (PDF – new window/tab)

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The list above is incomplete. If you wish to receive more information, including a complete description of early disclosures, please email our Loan Department or call (800) 378-1955. (Due to disclosure requirements, an on-line application cannot be accepted.) We will be glad to mail the required information along with your application today! At Carolina Federal Credit Union, members’ needs come first. We will work with you to make sure you’re getting the right loan for your needs, at a price that fits your budget!