Home Equity Loans & Lines of Credit | NC Loan Rates

Put the equity in your home to work for you in North Carolina.

High Loan-to-Value Ratio

Borrow up to 100% of your home’s combined loan-to-value, giving you access to more funds.²⁷
Closing Cost Coverage

Coastal pays all standard closing costs on new home equity loans and home equity lines of credit.
Tax-Deductible Interest

Interest on your home equity may be tax-deductible (please consult your tax advisor).
Versatile Use

Ideal for home improvements, college expenses, or consolidating high-interest debt.
No Servicing Fees

Benefit from no annual fees or prepayment penalties.²⁸

Home Equity Loan Benefits

One-time Lump Sum

Paid over a set period of time.
Fixed Interest Rate and Monthly Payments

Enjoy the predictability of the same payment each month.
Flexible Terms:

Choose repayment terms from 5 to 20 years to match your financial plan²⁷

Home Equity Line of Credit (HELOC) Loan Benefits

Flexible Access to Funds

Draw money as needed, offering flexibility for ongoing projects or expenses.
Variable Interest Rate

Your rate is subject to change monthly.
Interest-Only Option

Manage your cash flow effectively with an interest-only payment option.
Revolving Credit

As you repay the borrowed amount, your available credit replenishes.
No Draw Fees

Benefit from no draw fees, no annual fees, or prepayment penalties.

Determine whether a fixed loan or a flexible line of credit aligns with your financial goals.

Start your application process online or at your local branch. Our team will guide you through each step.

If approved, access the funds from your Home Equity Loan or draw from your HELOC as needed.

Explore More Home Equity Options

Want to learn more about Coastal Credit Union’s loan options? Give us a call or visit us in person at one of our North Carolina branches.