Home Equity Line of Credit

Your efforts to pay down your mortgage can really pay off.

HELOC

12-month introductory fixed rate as low as 3.99% APR* then an ongoing variable rate as low as Prime minus 0.25%*

Tackle your to-do list with a HELOC

Looking for some financial flexibility? A MECU Credit Union Home Equity Line of Credit is the smart choice for tapping the equity in your Baltimore, Maryland home to fund home improvements, consolidate high interest rate debt or pay for education expenses.

No minimum draw

No annual fee or closing costs**

Easy application with quick decisions

Take full advantage of your Baltimore home's value.

Your efforts to pay down your mortgage and improve your home's value can really pay off. A MECU Credit Union HELOC can give you convenient access to money at a low interest rate. Once your application is approved, you can access your credit line to cover any type of cost.

  • Amounts available from $5,000 up to 90% of the equity of your home
  • Credit line available for 15 years
  • 3.99% fixed APR1 for 12-months, then Prime minus 0.25% (up to 80% loan to value)
  • 4.99% fixed APR1 for 12-months, then Prime plus 1.00% (81% - 90% loan to value)

Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on home equity loans and other home lending products.

Money Market Account
Grow Your Balance with Higher Rates

Earn more on higher balances while keeping your funds accessible.

Get a home equity line of credit today.

1/* APR = Annual Percentage Rate. While this page is updated regularly, rates are subject to change. Minimum monthly payment equals $100. Introductory rate will be fixed for 12 months. The standard, post-introductory APR will be a fully indexed, variable rate based on Prime plus or minus a margin based on your loan-to-value ratio at account opening. Prime Rate is obtained from the Wall Street Journal and was 6.75%, in effect since 12/11/2025. The APR will not increase more than 6.00% above the initial rate that would have been in effect without the introductory rate discount or 24.00%, whichever is less. The minimum APR will not go below 3.25% at any time during the term of the plan. The standard, post introductory rate is variable and may adjust on a quarterly basis. Subject to credit approval and verification of collateral. Adequate property and flood insurance is required, if applicable. MECU membership required.

** MECU will pay the initial closing costs on “Standard” Home Equity Lines of Credit. If the line is paid off and closed within 12 months of original note date, closing costs must be reimbursed to MECU by the borrower. Closing costs vary and generally range around $850 to $1,000 on a $20,000 line of credit.

What you should know about Home Equity Lines of Credit.