
Tap Into Your Home's Equity
Our home equity options are a great way to fund all of your planned and unexpected expenses.
If you’d like access to a reserve of cash over a period of time, our Home Equity Line of Credit (HELOC) may work for you. This type of loan is typically used for ongoing home improvement projects, to help cover college costs or for a wedding when you need to withdraw cash periodically to pay contractors. HELOCs provide the flexibility of having access to cash, but not paying interest until you actually withdraw it.
Whichever loan you choose, our great rates, flexible terms and affordable monthly payments, make it easy to tap into your home’s equity. In less than 20 minutes you can apply for a Home Equity Loan or Line of Credit.
All Apple Home Equity Loans Feature

Competitive Rates

No Annual Fees

Loan Servicing

No Hidden Costs or Early Payoff Penalties

Easy Online and Mobile Payments

Fast Approval with Online Application
Home Equity Loan
Get the money you need in a convenient, single payout.
Features
- Loans up to $250,000 (up to 100% current home LTV*)
- Fixed-rate payments
- Fixed term
Apple FCU can finance equities for property within Virginia, Maryland, West Virginia, North Carolina and the District of Columbia. The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of Loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at 703-788-4800 or 800-666-7996 regarding the locations where HMDA data may be inspected.
Home Equity Line of Credit (HELOC)
Anytime access and continuing source of funds.
Features
- Revolving credit line available (10-year draw period, up to 20-year repayment)
- Interest-only payments for 10 years
- Borrow up to $250,000 (up to 90% current home LTV*)
- Minimum monthly payment based on interest due for current balance
Apple FCU can finance equities for property within Virginia, Maryland, West Virginia, North Carolina and the District of Columbia. The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of Loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at 703-788-4800 or 800-666-7996 regarding the locations where HMDA data may be inspected.
Compare Equity Options
Features | Fixed Home Equity Loan | Home Equity Line of Credit |
Terms | Various terms available | 10 year draw |
Minimum Loan Amount | $10,000 | $5,000 |
Maximum Loan Amount | $250,000 | $250,000 |
Maximum Loan-to-Value | 100% | 90% |
Maximum Terms (minimum loan amount may apply) | up to 180 months | 360 months |
Amortization | 60/120/180 months | 240 months |
Lien Position | 2nd | 2nd |
Closed-end terms | Yes | Yes |
Revolving Loan Terms | No | Yes |
Optional Loanshield Payment Protection | Yes | Yes |
Online and Mobile Payment Options | FREE | FREE |
What Information Do I Need to Apply for a Loan
You’ll need:
- Government issued photo ID - a driver’s license, state-issued ID or a military ID
- W2 earnings statements or 1099 DIV income statements for the last two years
- Federal tax returns for the last two years
- Bank statements for the last few months
- Recent paycheck stubs
- Proof of other income, such as tips, Social Security payments, etc.
- Proof of investment income
You may be asked for additional documentation, but having these documents will help to speed up your application process.
More Helpful Resources

No Closing Costs for HELOCs*
Tap into your home's equity to cover costs and prepare for life's planned and unplanned expenses.

Rate & Review for a Chance to win $250!*
We're giving away $250 each month to two members for providing online ratings and reviews for our products.

CREDIT 101
Learn how your credit score is calculated and how you can influence and improve your credit score in the future.
No Closing Costs for HELOCs*
A Home Equity Line of Credit can help you easily tap into your home's equity to cover the cost and prepare for life’s planned and unplanned expenses.
Rate & Review for a Chance to win $250!*
From now through March 31, 2023, we’re giving away $250 each month to two members for providing online ratings and reviews for our products.
Two Minutes to a Terrific New Rate
Refinance your auto loan with Apple FCU between now and March 31, and you’ll be entered into a drawing to win a free $100 gas card.