Break out the smiles with Locked Fixed Rates starting at 5.79% APR for 60 months*

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 fixed rate as low as 5.79% APR for 60 months*. Perfect for home improvements, college tuition, bill consolidation or whatever you need. 

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 Flex Rate Home Equity Line of Credit (HELOC) has a 10-year draw period followed by a 5-year repayment period. During the draw period, the flex rate allows borrowers to lock a fixed interest rate and payment on a portion of their revolving balance. The minimum locked term is 1-year, and the maximum locked term will not exceed the HELOC’s maturity date. Advertised lock rates are based on a 5-year term, 80% CLTV, owner-occupied single-family residence, and qualifying credit. Higher interest rates apply to longer fixed terms, higher CLTVs, non-owner-occupied properties, or non-qualifying credit. Advertised locked rates are current as of November 23, 2022 and are subject to change. Please call, stop by, or visit us online for the most current rates.

Well-qualified borrowers also receive an Introductory Rate of 5.79% for six billing cycles on their non-locked revolving balance. After six billing cycles, the rate becomes variable and is tied to the Prime Rate as published in The Wall Street Journal. As of November 3, 2022, the Prime Rate is 7.00% and the lowest post-introductory variable rate would be the floor rate of 5.00% (maximum APR 15.00%). The introductory rate is based on an owner-occupied single-family residence, a maximum 80% CLTV and creditworthiness. Higher introductory rates may apply to longer fixed terms, higher CLTVs, non-owner occupied, or non-qualifying credit.

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.

The minimum credit line is $10,000. A $100 processing fee and appraisal fees up to $500 may apply. Offers are subject to credit approval. Other restrictions may apply. Membership in Metro Credit Union is required.

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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.