Key Features
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Competitive Rates
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Anytime Funds
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Quick Decisions
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Local Processing
Competitive Rates
Anytime Funds
Quick Decisions
Local Processing
Based on credit score minimum of 720 and CLTV up to 80%
Current Members
Not a member yet?
As a credit union, we’re here to make life better for you. And when you think about it, having financial peace of mind can certainly make your life better.
Well, that’s exactly what you’ll get with a Family Trust home equity line of credit.1 A home equity line of credit (HELOC) is a flexible loan option that allows you to use the equity you have built up in your home to fund repairs, renovations, and other major purchases.
AHELOC gives you access to money when you need it. Have an unexpected medical expense? No worries. HVAC system on its last leg? You’re covered. Ready to remodel your bathroom, take a much-needed vacation or just add a little cushion to your monthly budget? Your HELOC is there when you need it (just like we are).
Now, that’s financial peace of mind. Brought to you by Family Trust.
Family Trust Federal Credit Union offers competitive rates on HELOCs in Rock Hill, Clover, York, Fort Mill, and Greenville. Visit one of our offices or apply online to see if you qualify.
Here’s how a home equity line of credit works:
- You get a line of credit using the equity you have in your home.
- You can access that line, up to your credit limit, any time you want and for any reason within the initial draw period without reapplying.
- You make monthly payments based on your outstanding balance.
- When you make payments and repay principal, it becomes available for use again.
What are the main benefits of a home equity line of credit?
- HELOCs typically have lower rates than many other types of loans.
- You’ll have easy access to funds when you need them.
- You only borrow what you need.
- You’ll get flexible, affordable monthly payments.
Why get a home equity line of credit at Family Trust?
- You can save money with lower rates and fewer fees.
- You’ll get the local service you want and need.
- You can access your funds in person or via digital banking.
- We’ll make getting your HELOC fast and easy.
Current Members
Not a member yet?
1. Between April 1, 2025, and September 30, 2025, the Annual Percentage Rate (APR) for new advances will be 4.49% and will remain at this promotional rate until March 31, 2026. On April 1, 2026, the unpaid balance of any promotional advances will revert to the variable APR in force in your Home Equity Addendum. This addendum is to be used in conjunction with and should be considered a part of your Family Trust Federal Credit Union Home Equity Addendum Credit Agreement.
Promotional APR is fixed and only applies to advances made during this “promotional period,” which may not exceed your approved credit limit. We may end your promotional APR and apply the prevailing APR if you are 60 days late in making payments. Must be in good standing in accordance with the terms of your loan agreement and be within the HELOC draw period to be eligible for additional draws on your HELOC.
At the end of the “promotional period”, the balance will convert to the variable rate specified in your Home Equity Addendum and may change in accordance with the terms of the agreement. The APR is variable and will change with the market based on the Prime Rate and is subject to change without notice. Maximum APR is 18.00%. Minimum APR is 3.25%.
A HELOC is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate. This type of credit is not available for modular homes, manufactured homes or cooperatives. The minimum line of credit amount is $10,000. Property insurance is required, and flood insurance is required where applicable. Closing costs such as attorney fees, insurance premiums, property taxes and appraisal fees may apply.
2. Consult a tax advisor.
The SAFE Act requires a mortgage loan originator to register with the Nationwide Mortgage Licensing System and Registry and provide their Mortgage Loan Originator Identifier number to a consumer when engaging in a mortgage loan transaction. You may obtain information about the Mortgage Loan Originator by accessing the Nationwide Mortgage Licensing System and Registry.
NMLS Identifier Number: 493819