DC Main Office: 866-385-9281 (Toll-Free) St. Louis Branch: 314-444-8904 | Hours: Monday - Thursday from 8:30 ET to 3:30 ET, Friday from 10:00 ET to 3:30 ET.
DC Main Office: 866-385-9281 (Toll-Free) St. Louis Branch: 314-444-8904 | Hours: Monday - Thursday from 8:30 ET to 3:30 ET, Friday from 10:00 ET to 3:30 ET.

Home Equity Loans

Want to put the equity in your home to work for you? A home equity loan or home equity line of credit may be just what you need.

Home Equity Loan: for a large expenditure

  • One-time advance
  • Fixed rate
  • Repaid over up to 15 years
  • Maximum LTV: 90% (including any existing liens)
  • Easy application

Home Equity Line of Credit (HELOC):  for flexible spending needs

  • Multiple advances during the first five years
  • Repaid over 15 years at the end of the 5-year advance period
  • Variable rate, indexed to prime, with a floor of 3.5% and a cap of 18%.*
  • Easy application

*The rate resets every six months, and can increase no more than 1% at each reset date

Some good reading on home loans from our friends at the Federal Reserve: 

Home equity loans are available for primary residences, second homes, and investment properties.  The second home loans and investment properties are subject to a 1.00% increase in the interest rates in the above table and may be subject to other restrictions.

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Main Phone: 866-385-9281 / AudioTeller: 844-315-7624
2001 Constitution Avenue, NW Washington, DC 20551
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