HELOC

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Home Equity Line of Credit

Empower Your Future With Equity

Flexible financing for your needs. Variable rate based on prime and credit worthiness.

  • Uses your home's equity as collateral
  • Borrow up to 90% of the value of your home
  • Minimum credit limit $7,500
  • Minimum monthly payment $100
  • Easy advances available through your Mobile Banking (must have existing HELOC)

APR = Annual Percentage Rate. Rates and terms are subject to change. Loans are subject to credit approval.  The rate is the U.S. prime rate published in the Money Rates Table of the Wall Street Journal plus a margin up to 3.50%. Prime is a variable rate; as it changes, the APR and monthly payment on your account will also change on the first day of the quarter following the month in which the prime rate change occurs. For accounts opened before October 1, 2025, the APR will change on the first day of the quarter following the month in which the prime rate changes, with a maximum 2.00% increase or decrease per one-year period. For accounts opened on or after October 1, 2025, your APR can change on the first day of each calendar quarter. There is no limit on the amount by which the APR can change on any change date. Maximum APR for Home Equity Lines of Credit (HELOC) is 15.00%. Floor rate on this loan is 4.50% APR. HELOCs are available only in the state of North Carolina. If an appraisal is deemed necessary, a third-party appraisal fee of approximately $400-$600 may be collected at that time and is non-refundable if the borrower does not close their home equity loan with Acclaim. Cost may vary based on type of appraisal. A HELOC is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate on a permanent foundation. This type of credit is not available for singlewide manufactured homes or cooperatives. The minimum line of credit amount is $7,500, and the minimum loan amount is $1,000 for the first advance and $250 thereafter. Other restrictions may apply. If your account is paid in full and closed within 12 months, you will be required to reimburse the credit union up to 100% of the closing costs paid on your behalf upon closing your account. Estimated closing costs are approximately $550-$1,100. See your Home Equity Line of Credit Agreement for all fees related to this Agreement. You must carry insurance on the property that secures this plan. Consult your tax advisor on the deductibility of interest. The present prime rate APR of 6.75% is current as of 5/1/2026.

HELOC SPECIAL NOW THROUGH June 30, 2026

4.99% APR* for 6 months**

OR 2.00% APR off your qualifying rate for 12 months

After the end of either promotional period, the APR will revert to a variable rate based on the U.S. Prime Rate plus a margin (up to 3.50%)
As of 4/1/2026, the current Prime Rate is 6.75% APR**

**Promotional rates are available only on new Home Equity Lines of Credit (HELOCs) applied for before 12/31/25. A minimum initial advance of 15% of the approved credit line is required at time of account opening for loans with promotional rates. The 4.99% APR promotional rate applies for 6 months after account opening. The 2.00% APR discount off the qualifying variable rate applies for 12 months after account opening. Rates are fixed and will not change during the promotional period. After the end of either promotional period, the APR will revert to a variable rate based on the U.S. Prime Rate plus a margin (up to 3.50%), as published in the Wall Street Journal’s Money Rates Table. The Prime Rate is variable; as it changes, your APR and monthly payment will also change on the first day of the quarter following the month in which the Prime Rate changes. As of 5/1/2026, the current Prime Rate is 6.75% APR. Rates and terms are subject to change without notice. All loans are subject to credit approval. The maximum APR for HELOCs is 15.00%, and the minimum (floor) rate is 4.50% APR. HELOCs are available only on owner-occupied, one-to-four family residences located in North Carolina and secured by a first or second mortgage lien. Not available for singlewide manufactured homes or cooperatives. If an appraisal is required, a non-refundable third-party fee of approximately $500 may apply, subject to variation based on appraisal type. Minimum line of credit is $7,500, and the minimum advance amount is $250 for subsequent advances. If the HELOC is paid in full and closed within 36 months, you may be required to reimburse the Credit Union up to 100% of the closing costs paid on your behalf. Estimated closing costs range from $550 to $1,100. Adequate property insurance must be maintained on the collateral securing this loan. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. See your Home Equity Line of Credit Agreement for complete terms and conditions. 

So, what are you waiting for?   For more information call (336) 332-5302 or (888) 794-1001, email Loans@AcclaimFCU.org or apply below.

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