Tap into your home’s equity with our Home Equity Line of Credit (HELOC)—a flexible financing option designed to help you manage life’s big expenses with confidence.


Whether you’re planning home renovations, covering education costs, or consolidating debt, our HELOC gives you access to funds when you need them most.

Key Features

  • Must own your home.
  • Can only be in 1st or 2nd lien position.
  • Variable Interest Rate: Adjusts with the Prime Rate, keeping your loan aligned with market conditions.
  • Interest-Only or Principal & Interest Payment Options: Choose the payment structure that fits your financial needs.
  • Maximum Loan-to-Value (LTV): 80%
  • No Closing Costs:There are no closing costs for any HELOC unless the property is held in trust or there are title-related issues. All fees will be disclosed before closing.

Loan Structure

15-Year Total Term

  • 5-Year Draw Period: Access funds as needed with interest-only payments.
  • 10-Year Repayment Period: Pay back principal and interest over the remaining term.

Why Choose Our HELOC

  • Flexibility: Draw funds when you need them during the 5-year draw period.
  • Control: Choose between interest-only payments during the draw or start repaying principal early.
  • Convenience: Easily access funds for large projects, unexpected expenses, or personal goals.

At Goldmark FCU, we offer a wide range of loan products designed to meet your financial needs, whether you’re buying a car, making home improvements, or building credit. All loans, except the Mass Save Loan, Credit Builder Loan, and Share/Certificate Pledge Loan, are offered with risk-based pricing.

Quick & Easy Process

Our loan process is designed for convenience, with some loans even eligible for same-day closing.

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