Hurricane Relief
We’re here to support our members impacted by Hurricane Harvey and Hurricane Irma! Please call us at (800) 678-8765 and press option 5 to find out how we can help during this difficult time. Click here for more details on how we can help you.

Help those affected by the storms by donating to the America Red Cross. Click here to donate now.

Home Equity

Dreaming of a new kitchen? Dreading the cost of roof repairs? Drawing up plans for art school? Drooling over a rare, vintage guitar?

Tap into your home’s equity and Chartway can help make your plans affordable. Funds from your home equity financing can be used for anything, so think big!

Let us help you find a loan or line of credit option that works best for you. We’ve got great rates, flexible terms, and your interest may be tax deductible.*

Home Equity Line

Like a credit card, this variable-rate revolving line of credit lets you borrow the amount you need, when you need it. You pay interest on only the amount you've advanced from your line. At Chartway, we even have a HELOC fixed-rate option for more payment flexibility.

Home Equity Loan

A home equity loan or second mortgage is an installment loan that comes with a fixed rate.* It's perfect if you prefer the consistency of a set rate and steady monthly payment.

*Consult your tax advisor. Some restrictions may apply. For complete details and full disclosures, contact us today.

Did you know?

You can conveniently advance money from your equity line online?

Learn more about Online Banking

Interest-Only Home Equity Line

You have the key. Make your home equity work for you. Apply today.

Lock in a Special Introductory Rate*

Unlock your cash flow to gain more control over your budget with our Interest-Only Home Equity Line of Credit (HELOC).

Enjoy low monthly payments, with the option of paying only the interest and as much principal as you choose over a 15 year period.* Plus, for a limited time, we’re offering a special introductory rate as low as 1.99% APR! That’s LOW — even compared to our normal 4.25% APR!

Apply Now

Benefits of the Interest-Only Home Equity Line

The equity you’ve earned on your home can be used for anything! So whether you’re planning a vacation, financing college expenses for you or your children, or making home improvements to add to your home’s value, let our Interest-Only HELOC help you capitalize on your home’s equity today!

Enjoy these benefits:

  • Quick and easy access to funds
  • Transfer money using Online Banking
  • Borrow up to 100% of your home’s equity
  • No annual fees

*APR = Annual Percentage Rate. This promotion is not available for properties in Texas. Rate is currently as low as 4.25% APR with loan-to-value less than or equal to 80%. Not all borrowers will qualify for the lowest rate. Rates effective 1/5/2017 and may change or end at any time. Promotional rate for new loans only. Promotional rate begins at closing and is available for six months. Terminates at the end of six months and applies to all loan balances, regardless of when the balances were added to the loan. Interest only payments for fifteen years. Minimum equity line or loan of $10,000. Equity lines are variable based on prime and are subject to change after opening. Fees, generally ranging from $300 to $850, may be incurred. Property insurance required. Maximum APR of 18%. Equal housing lender.

Today’s Rates

Home Equity Rates
  •  
Term Max LTV1 APR (As Low As )2 Alert Me
Equity Loan Up to 240 mos 100% 4.50% Receive a notification when this rate changes
Variable with Fixed Rate Option3 -- 100% 4.25% Receive a notification when this rate changes
Fixed Rate Option2 Up to 180 mos -- 4.50% Receive a notification when this rate changes
Click here for Required Disclosures
Requests for maximum LTV will be considered on a case-by-case basis. Up to 100% LTV financing is available on single family detached residences, and is based on credit qualifications. All rates and terms quoted above apply to properties that are occupied by the borrower.
  • 1Loan-to-value.
  • 2Annual Percentage Rate.
  • 3Annual Percentage Rate may vary. Rates subject to change after opening. Fees, generally ranging from $300 to $850, may be incurred. Maximum APR is 18%

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Frequently Asked Questions

Searching for how to make your life more affordable?

Chartway has the answers.

It’s quick and easy to find information about our services, accounts, loans, fees, branch hours, or anything else Chartway related.

We’ll search our knowledge base and give you an answer immediately. If your question stumps the search robots, you’ll have a chance to submit it to us and we’ll get back to you with the answer. Of course, you’re always welcome to call us, too. We’re on the phones 24/7.