We've dropped our 10-year fixed rate HELOC by 2%

Borrow up to 90% of your home's value or refinance your existing HELOC and SAVE!

Homeowners across the metro are smiling because they're getting their best rate ever on a Home Equity Line of Credit from Metro Credit Union. Now you can lock in a 10-year fixed rate as low as 4.75% APR* for 120 months.

Things are expensive, and they're not getting any less expensive. Whether it is college, home renovations, or your daughter's upcoming wedding, a HELOC from Metro Credit Union allows you to finance things that you would not ordinarily be able to afford.

Metro makes it easy with our
online application and approval process. Join us. Because wherever you live in the metro, you belong at Metro Credit Union. We are your local advantage.

*The 10-year Fixed Rate Home Equity Line of Credit (HELOC) has a 10-year draw period followed by a 5-year repayment period. At the end of the repayment period, a balloon payment may result if the entire outstanding balance was not paid in full. Well-qualified borrowers receive a fixed rate of 4.75% APR for the duration of their 10-year draw period on their revolving balance. Advertised APRs are based on a 90% CLTV, owner-occupied single-family residence, and qualifying credit. Higher interest rates apply to different terms, higher CLTVs, non-owner-occupied properties, and/or non-qualifying credit. Advertised APRs are current as of January 9, 2023 and are subject to change.  At the conclusion of the 10-year draw period, the rate becomes variable and is tied to the Prime Rate as published in The Wall Street Journal. As of January 7, 2023, the Prime Rate is 7.50% and the lowest variable rate would be the floor rate of 5.00% (maximum APR 15.00%); however, APRs are subject to change without notice.

Advertised rates assume a .50% discount for making automatic payments. If for any reason automatic payments stop during the course of the HELOC, the HELOC will no longer be eligible for the .50% rate reduction and the APR will increase by .50%. If you don’t elect automatic payments, our rates will start .50% higher than the advertised rate.

Consult a tax adviser for further information regarding the deductibility of interest and charges.

The minimum credit line is $10,000. A $100 processing fee and appraisal fees up to $500 may apply. Offer is subject to credit approval. Other restrictions may apply. Membership in Metro Credit Union is required. Refinances of Metro HELOCs in the draw period require a minimum of a $10,000 increase in your new HELOC's limit.

Metro Credit Union- Your Local Advantage ®

Apply Now

If you are a current customer that uses our online banking platform, please select "Current User Application".  If you are new to Metro or have never used our online banking platform please select "New User Application" to apply.