Home Equity Line-of-Credit

after that, as low as 3.99% variable APR*

Interest rates may be rising, get peace of mind by locking in a low, fixed rate from Coastal for 12 months. Use your Home Equity Line-of-Credit to consolidate debts into one low payment or fund your next major purchase.

  • No closing costs*
    Act now and we’ll cover the standard closing costs
  • The leader in Home Equity Lines
    Coastal is a market leader in the triangle for home equity funding.
  • Make the most of your money
    Consolidate debt, pay for education, home improvements, and more! Your interest paid may be tax deductible, consult your tax advisor
100% Home Equity Line of Credit
Lock in your low fixed rate today!


*APR= Annual Percentage Rate. The APR for a Coastal Federal Credit Union Home Equity Line of Credit is variable and based on Prime Rate as published in the Wall Street Journal, ten days before the end of the prior month (called the "Index"), plus a margin. The Index is current as of April 27, 2017 and is 4.00%. As of April 27, 2017 margins range from -0.01% with Relationship Pricing to +4.49 without any discounts. Your margin will be determined by a number of factors including but not limited to your credit score, combined loan-to-value, and loan amount. Corresponding variable APRs range from 3.99% with Relationship Pricing to 8.49% with no discounts for primary residences. The maximum APR for a home equity line of credit is 15%.

Lending area located in North Carolina, Virginia, and South Carolina. Coastal membership must be established prior to scheduled closing. To qualify for Relationship Pricing the borrower must agree to have their monthly payments automatically drafted from a qualified Coastal checking account owned by them. The minimum loan or line amount is $5,000. No refinances of purchase money seconds within 12 months of the closing date. All lending services are subject to credit approval. Property insurance is required. Flood Insurance may be required. Closing costs vary. To learn about what closing costs may apply to you, please stop by your local branch or call our 24 hour call center at 800-868-4262.

Minimum initial advance of $25,000 or more. Offer only valid for loans where the combined loan to value is up to 90%. Standard closing cost are waived. Additional closing cost, such as full appraisal, title insurance, attorney fees, etc, may apply based on requested loan amount and loan terms. If required, the non-standard closing cost may range from $10.00 to $2,000.00. There is a $300 early closure fee if the HELOC is closed within the first 36 months. The promo rate only applies to advances made up to 12 months after the HELOC is opened. After the first 12 months, the current balance of the HELOC will convert to the fully indexed variable APR and the fully indexed variable APR will apply to all future advances. This offer is valid for applications received 05/09/2017 and 06/30/2017.