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HELOC & 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

Below‑Average Rates. Above‑Average Value.
Our HELOC rates start as low as 6.50% APR for qualified borrowers, nearly half a percentage point below the national average HELOC rate of 7.04%, and our fixed‑rate home equity loan starts as low as 6.49% APR, which is well below the national average fixed home equity loan rate of approximately 7.85%, according to Bankrate as of March 25, 20265.

Home equity is the value of your home minus your mortgage balance—and it can give you access to affordable borrowing. With a home equity loan or HELOC, you can fund home improvements, consolidate debt, or cover major expenses. Choose a lump‑sum loan or a flexible line of credit and let our lending team help you decide.

Home equity is the difference between your home’s current market value and the balance you still owe on your mortgage. In other words, it’s the portion of your home you truly own—and you may be able to borrow against that equity at a competitive rate.

At Market USA FCU, you can access your home equity in two common ways:

  • Home Equity Loan: a lump-sum loan with fixed payments (often best for a one-time expense).
  • Home Equity Line of Credit (HELOC): a revolving line of credit you can draw from as needed (often best for ongoing or flexible expenses).

Members often use a home equity loan or HELOC for home improvements, debt consolidation, major purchases, education costs, or other planned expenses. Not sure which option fits your goals? Our lending team can help you compare a fixed-rate home equity loan versus a variable-rate HELOC and choose the right structure for your budget and timeline.


Home Equity Line of Credit (HELOC)

  • No closing costs1
  • Get access to a pool of money that you can tap into as often as you wish for any reason2
  • Variable loan rate based on Prime minus .25%3
  • Borrow up to 85% of the equity in your primary or secondary home4
  • Loans from $10,000 to $200,000
  • 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

Home Equity Loans

  • No closing costs1
  • 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
  • Flexible repayment periods, from 5 to 15 years
  • Annual interest charges may be tax-deductible (consult your financial advisor) 

 

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%    

Rates effective as of 4/1/2026.

Rate Disclosures

 

Home Equity Line of Credit Rates
Variable APR as low as Comments
6.5% No closing costs! (provided initial advance is at least $10,000 and loan remains open 36 months.) Minimum HELOC amount: $10,000, Maximum HELOC amount: $200,000

Rates effective as of 4/1/2026.

Rate Disclosures


Home Equity


1Closing costs will be waived if you (a) take an initial advance of $10,000, and (b) maintain our Security Interest in the Security Property for at least 36 months. Closing costs typically range from $0.00 to $1,500.

2Up to available credit limit, as determined by LTV and credit worthiness. Minimum Home Equity Line of Credit is $10,000.

3While this page is updated regularly, rates are subject to change. Minimum monthly payment equals $100. Prime Rate is obtained from the Wall Street Journal and was 6.75%, in effect since 12/11/2025. Variable APR will not fall below 3.25% or exceed 18% , regardless of Prime movements. Variable rate adjusts quarterly based on changes to the Prime Rate published in the Wall Street Journal. Adequate property and flood insurance is required.

4Maximum LTV is based on credit.  Your approved LTV may be lower.

5Rates are variable and subject to change. Actual rate is based on creditworthiness, loan‑to‑value, and other underwriting criteria. Source: Bankrate, national average HELOC rate, March 25, 2026.

 


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.