Flexible Home Equity Options

Tap into your home’s equity for home improvements, debt consolidation, or major expenses with our Fixed or Variable HELOC.

Flexible Home Equity Options

Tap into your home’s equity for home improvements, debt consolidation, or major expenses with our Fixed or Variable HELOC.
borrowforhomeimprovement

More Stability from Your Home Equity

COMTRUST Federal Credit Union offers Fixed-Rate Home Equity Line of Credit (HELOC) options for members in ChattanoogaNorth Georgia (including Fort Oglethorpe and Chatsworth), and Windsor, Connecticut—providing predictable payments and long-term stability that many HELOCs don’t offer.

Choose the Right Home Equity Option

Fixed-Rate HELOC – Best for Big Plans That Deserve Certainty

  • Lock in a fixed interest rate for stability and peace of mind.
  • Borrow what you need as you need it;  only make payments on what you draw.
  • Great for ongoing projects, large expenses, or consolidating high-interest debt.

Variable-Rate HELOC – Best for Short-Term Needs or Strategic Flexibility

  • Access funds as needed with an adjustable rate.
  • Make interest-only payments on the amount you use during the draw period.
  • Ideal for short-term borrowing or covering unexpected expenses.

Step-by-Step: How to Apply for a HELOC

Excited new homeowners show off their keys after securing a mortgage with COMTRUST FCU
  • 1. Check Your Available Equity

    Use our HELOC calculator or speak with a mortgage specialist to determine how much you can borrow.

  • 2. Apply & Get Qualified

    Complete a quick application and get qualified based on your home’s value and financial situation.

  • Finalize Your Loan

    Review and sign your closing documents to lock in your terms and officially open your line of credit.

Frequently Asked Questions