Happy Place 2022 | CommonWealth One Federal Credit Union

Make Your Home Your Happy Place

Get the cash for whatever makes you happy with CommonWealth One's home equity loan or home equity line of credit options.

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A home equity loan or line of credit from CommonWealth One gets you easy cash for whatever makes you happy – from a kitchen with dancing room to a college degree or debt consolidation. And, if you have your sights set on a different home altogether, we are also the ONE for an easy, low-interest mortgage.

Our loans feature low rates, flexible terms and financing up to 100% LTV*. Choose from a variety of loan options to suit your needs. Apply today and get the cash for whatever makes you happy!

Choose from a variety of options to fit your needs.

Home Equity Loan

Borrow up to 90% of your home's equity (LTV^¥)
Loan amounts from $15,000 to $250,000
Low fixed rate
Repayment terms up to 15 years

Equity ONEHundred

Borrow up to 100% of your home's equity (LTV^¥)
Loan amounts from $15,000 to $250,000
Low fixed rate
Repayment terms up to 20 years

Home Equity Purchase

Borrow up to 100% of your home's equity (LTV^¥) for the purpose of purchasing another home
Loan amounts from $15,000 up to $250,000
Low fixed rate
Repayment terms up to 20 years

Home Improvement Equity Loan

Home Improvement Equity Loan²

Borrow up to 133% of your home's equity (LTV^¥)
Loan amounts from $15,000 to $250,000
Low fixed rate
Terms up to 15 years

EquityLine (Home Equity Line of Credit)

EquityLine (Home Equity Line of Credit³)

Line of credit with limits from $15,000 up to $250,000
Low variable rate
Borrow up to 90% of your home's equity (LTV^¥)
Interest only payment options
Easy access to funds using EquityLine checks, Online Banking, or at CommonWealth One locations

Home Equity Line of Credit

Line of credit with limits from $15,000 up to $250,000
Low variable rate
Borrow up to 100% of your home's equity (LTV^¥)
Interest only payment options
Easy access to funds using EquityLine checks, Online Banking, or at CommonWealth One locations

Home Equity Line of Credit (Purchase)

Borrow up to 100% of your home's equity (LTV^¥) for the purpose of purchasing a home
Low variable rate
Line of credit with limits from $15,000 to $250,000
Interest only payment options
Easy access to funds using EquityLine checks, Online Banking, or at CommonWealth One locations

*Loan to Value (LTV). All applications are subject to credit and underwriting approval; not all applicants will qualify. Programs, rates, terms, and conditions are subject to change without notice. This offer is available to properties located in the Commonwealth of Virginia, Maryland, and Washington, D.C. Member Advantage Mortgage LLC is licensed by the Virginia State Corporation Commission, Mortgage Lender License MC-5045, NMLS ID #1557 (www.nmlsconsumeraccess. org). Visit cofcu.org.mam for complete terms and conditions. This notice provides that Member Advantage Mortgage, LLC has a business relationship with Commonwealth One Federal Credit Union. The nature of this relationship is Indirect owner. Because of this relationship, this referral may provide Member AdvantageMortgage, LLC a financial or other benefit. Visit cofcu.org/happyplace to learn more. Federally insured by NCUA. Equal Opportunity Lender.