Home Equity Loans (HELOAN) & Lines of Credit (HELOC)

Whether you need predictable payments or flexible access to funds, Tidemark Federal Credit Union offers both fixed-rate and variable-rate home equity solutions designed around your goals.

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A Smarter Alternative to a HELOC

Fixed-Rate Home Equity Loans with Predictable Payments

Most lenders only offer variable-rate HELOCs—but Tidemark also offers fixed-rate home equity loans (HELOANs), giving you consistent payments and protection from rising interest rates.

Perfect for larger expenses, renovations, or debt consolidation when you want stability—not surprises.

Lock in your rate. Know your payment. Move forward with confidence.

Explore Fixed-Rate Options

Ways to Put Your Equity to Work

Your home’s equity is one of your most valuable financial tools. Whether you prefer flexibility or stability, we offer options to match how you want to borrow.

Home Improvements

Upgrade your space with confidence. Use your equity to fund renovations that improve how you live today—and increase your home’s value for tomorrow.

Debt Consolidation

Simplify your finances by rolling high-interest debt into one manageable payment—potentially at a lower rate with a clear payoff timeline.

Planned & Unexpected Expenses

From major purchases to life’s surprises, access the funds you need with options that offer either flexibility—or predictable monthly payments.

Home Equity Loan (HELOAN)

Fixed Rate. Fixed Payment. Total Predictability.

A home equity loan gives you a lump sum upfront with a fixed interest rate and consistent monthly payments—making it ideal for planned expenses.

Best For:

Home renovations
Debt consolidation^C
Large one-time expenses

Key Features:

Fixed interest rate^A
10-, 15-, and 20-year terms^B
Predictable monthly payments

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Home Equity Line of Credit (HELOC)^E

Flexible Access When You Need It

A HELOC gives you ongoing access to funds with a variable rate—allowing you to borrow, repay, and borrow again as needed during the draw period.

Best For:

Ongoing projects
Emergency access to funds^F
Flexible spending needs

Key Features:

Variable interest rate because the interest rate is variable, your monthly payment may increase over time.
10-year draw period^D
15-year repayment term^D

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Home Equity (HELOC & HELOAN)⁽¹⁰⁾

Rates as of April 15, 2026

Primary Residence, up to 80% net appraised value⁽¹¹⁾

Product	Term	Interest Rate as low as i Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage.	APR as low as i APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan.
Home Equity Line of Credit⁽¹²⁾	Revolving	6.750%, Prime	6.798%
Home Equity Installment	20 Years	6.500%	6.538%

Term	Rate*	APY**
12 months	%	%
36 months	%	%
60 months	%	%

Additional terms available for Home Equity Installment. Rates subject to change. Payment Example ⁽¹⁴⁾

Home equity line of credit assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

Home equity loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

Meet Your Local Mortgage Experts

When it comes to your home, having the right team matters. At Tidemark, you’ll work directly with experienced local loan officers who are here to guide you, answer your questions, and help you choose the right path forward.

Whether you're just exploring or ready to apply, we're here to make the process simple, clear, and personalized.

Todd Smith

NMLS# 637680

Director of Mortgage Originations

Connect with Todd

Nick Rash

NMLS# 1766391

Mortgage Loan Originator

Connect with Nick

Home Equity Questions—Answered

A home equity loan (HELOAN) provides a one-time lump sum with a fixed interest rate and principal-and-interest payments that remain the same over the life of the loan. Taxes and insurance, if applicable, may change. A home equity line of credit (HELOC) offers flexible access to funds during the draw period with a variable interest rate, and monthly payments may increase over time. Access to funds is subject to available credit limits, collateral valuation, and credit approval.

Yes. Tidemark offers fixed-rate home equity loans (HELOANs), which provide a fixed interest rate and principal-and-interest payments that remain the same over the life of the loan. Taxes and insurance, if applicable, may change. Fixed-rate loans help protect against increases in the loan’s interest rate. Availability depends on credit approval, collateral valuation, and underwriting requirements.

The amount you may be able to borrow with a home equity loan or home equity line of credit (HELOC) depends on factors such as your home’s value, your existing mortgage balance, your credit profile, and program eligibility requirements. In many cases, borrowing limits are based on a percentage of your home’s combined loan-to-value (CLTV). We’ll review your situation to help determine the amount you may qualify for.

Repayment terms vary depending on whether you choose a home equity loan (HELOAN) or a home equity line of credit (HELOC). Home equity loans typically have fixed repayment periods with principal-and-interest payments over a set term. HELOCs generally include a draw period during which funds may be accessed, followed by a repayment period when principal and interest payments are required. Term availability depends on credit approval and program eligibility.

Loan-to-value (LTV) compares the amount of your primary mortgage to your home’s appraised value. For example, an 80% LTV means your loan balance equals 80% of your home’s value.
Combined loan-to-value (CLTV) compares the total balance of all loans secured by your home, such as your first mortgage and a home equity loan or HELOC to your home’s value.
High combined loan-to-value (HCLTV) includes the total of all loans secured by your home plus the full credit limit of any home equity line of credit (HELOC), even if the full amount has not been used.

These ratios help determine borrowing limits and program eligibility and are based on factors such as your home’s value, existing loan balances, and underwriting requirements.

A home equity loan (HELOAN) may be a good option if you prefer a fixed interest rate with principal-and-interest payments that remain the same over the life of the loan and a set repayment timeline. Taxes and insurance, if applicable, may change.
A home equity line of credit (HELOC) may be a better option if you want flexible access to funds over time. HELOCs typically have variable interest rates, and monthly payments may increase.

Our team can help review your situation and determine which option may best fit your needs. Availability depends on credit approval, collateral valuation, and program eligibility.

Disclosures

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^A Fixed-rate home equity loan terms available for qualified borrowers. Loan amounts subject to collateral valuation and credit approval.

^B Term availability depends on credit approval and underwriting requirements.

^C Debt consolidation through a home equity loan may increase the total amount paid over time depending on loan terms.

^D After the draw period ends, monthly payments will increase as you begin repaying principal and interest.

^E Access to funds subject to available credit limit, collateral valuation, and credit approval.

^F Access to funds depends on available credit and account status.

Membership required.

Loan Rates Disclosures

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¹Rates displayed are "as low as" for Primary residence purchase loans. Displayed rates include discount points. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), occupancy, property type and loan purpose, and/or other factors. Down payment and loan-to-value (LTV) requirements may vary depending on the occupancy, property type, loan purpose, your creditworthiness, and/or other factors. All loans subject to credit approval.

²A fixed-rate loan of $256,000 for 30 years at 6.500% interest and 6.568% APR will have a monthly payment of $1,618.09. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $256,000 for 20 years at 6.375% interest and 6.464% APR will have a monthly payment of $1,889.87. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $256,000 for 15 years at 6.125% interest and 6.236% APR will have a monthly payment of $2,177.60. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

³Adjustable Rate Mortgages (ARM) are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjustment is based on the one-year Constant Maturity Treasury (CMT) index, plus a margin, rounded to the nearest 1/8 percent. The annual rate cap is 2%; lifetime cap 6%. Properties limited to the Delmarva Peninsula. All loans subject to credit approval.

⁴Loan amounts above $600,000 may require PMI.

⁵A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 5.750% interest and 5.802% APR will have a monthly payment of $1,867.43. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A 7/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.000% interest and 6.053% APR will have a monthly payment of $1,918.56. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.375% interest and 6.429% APR will have a monthly payment of $1,996.38. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

⁶A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.875% interest and 6.968% APR will have a monthly payment of $2,102.17. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $2,998 loan origination, processing, and construction admin fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $320,000 for 30 years at 7.000% interest and 7.094% APR will have a monthly payment of $2,128.97. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $2,998 loan origination, processing, and construction admin fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

⁷Rates displayed are "as low as" for purchase loans. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), and/or other factors. Contact us for terms for refinances. All loans subject to credit approval.

⁸Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjustment is based on the one-year Constant Maturity Treasury (CMT) index, plus a margin, rounded to the nearest 1/8 percent. The annual rate cap is 2%; lifetime cap 6%. Minimum loan amount $50,000. Maximum Loan amount $600,000, 80% Loan to Value. All loans subject to credit approval.

⁹A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 20 years at 6.375% interest and 6.446% APR will have a monthly payment of $2,362.34. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of unimproved land, 780 FICO, down payment of 20% up to the conforming loan amount limit.

¹⁰ Rates displayed are "as low as" for primary residence only. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), and/or other factors. All loans subject to credit approval.

¹¹ Net appraised value is appraised value less 1st lien balance. Limited to Loans in the Delmarva Peninsula. If TFCU is not first lien holder, the loan amount is limited to 80% LTV. Minimum loan amount $25,000. Maximum $400,000. Other terms available if TFCU is first lien holder. Primary residence only. Additional limitations may apply.

¹² Rate changes monthly based on Prime Rate as published in the Wall Street Journal plus a margin. Interest only payments are made during the 10-year draw period then the remaining balance is amortized over 15 years.

¹³

¹⁴ Home Equity Line of Credit (HELOC) with interest only payments at 6.750%, Prime interest and 6.798% APR would require a minimum monthly payment of $5.63 per $1,000.00 borrowed during the draw period. Taxes and insurance not included. Includes a $299 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

A fixed-rate loan of $100,000 for 20 years at 6.500% interest and 6.538% APR will have a monthly payment of $745.57. Taxes and insurance not included. Includes a $299 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

¹⁵ Rates may vary based on term, down payment, credit worthiness and age of unit.

¹⁶ Rates are 3% above share/certificate dividend rate; adjusted with the dividend rate. For share secured loan funds must be held in the Prime Share. Retirement certificates are not eligible to be pledged.

¹⁷ Variable rate adjusted quarterly based on Prime.

¹⁸ Variable rate adjusted monthly based on Prime.

¹⁹ Rates based on the Prime Rate of 10/01/2025 (Visa®)

²⁰ Rates based on the Prime Rate of 10/29/2025 (Line of Credit)

^ANew Vehicles are considered the five most recent model years. Including Auto, Truck & Van. Rates may vary based on term, down payment, and credit worthiness.

^BUsed Vehicles are considered model years between 6 and 11 years. Including Auto, Truck & Van. Rates may vary based on term, down payment, credit worthiness and age of vehicle.

^CRVs and Boats must be within the last 10 model years. Boats require financing of Boat (Hull), Motor(s), and optionally a trailer as part of the package.

^DMotorcycle and Powersport must be within the last 6 model years. Including bikes, trikes, ATV, UTV and Personal Watercraft. Personal watercrafts require a trailer to be financed in package.

^EClassic Auto minimum age requirement of 25 years. Unit must be within the J.D Power definition of a classic automobile. Must remain consistent with the way the car was originally built. Borrowers will be required to submit images of the vehicle to verify It is not currently in the restoration phase.

Rates are subject to change without notice and are accurate as of the date listed above. Additional rates and terms may apply. Members may contact any Credit Union staff member for details on applicable fees and terms. The rates shown apply only to new money and new loans with Tidemark Federal Credit Union. Existing Tidemark loans may not qualify for the advertised rates if refinanced internally. Rate eligibility is determined by multiple factors, including loan type, creditworthiness, and the terms of the current loan agreement.

Let’s Put Your Equity to Work

Whether you’re planning ahead or ready to move now, we’ll help you choose the right option for your goals.

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