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Combo Home Equity Line of Credit

The equity in your home is powerful. Put it to work with a home equity line of credit, or HELOC, and fund your dream home renovation, make a big purchase, consolidate high-interest debt or whatever else you need.

A flexible line of credit, now with fixed rates

Georgia United Credit Union’s Combo HELOC can help you get the cash you need to fund a big expense or a home project. It's a combination of a home equity loan and home equity line of credit—designed to give you more options and save you money in the long term. You can use it as a variable rate line of credit, or you can lock in a fixed rate with fixed monthly payments. Choose the option that is right for you and decide how you want to use the funds.

Enjoy the Benefits of a Combo HELOC

  • Ability to lock in a low fixed rate
  • Lower interest rates than credit cards or other big banks
  • Interest-only payment option available for qualified borrowers
  • Easy access to your line of credit using Online Banking or checks
  • Lines of credit from $10,000 - $500,000
  • Borrow up to 90% of your home's equity

Use our HELOC calculator to determine the equity in your home.

How It Works

You can choose to lock all or a portion of your Combo HELOC balance into a fixed rate with fixed monthly payments. Lock up to five portions at any one time for terms up to 10 years. As you repay the locked balances, your available line of credit amount increases and becomes available to use.

  • Minimum lock amount is $5,000
  • First rate lock is free and each additional lock is $50

To request a rate lock on your existing Georgia United HELOC, call 888.493.4328 ext. 6851 or email

At Georgia United, we want to make the application process easy for you. Our Home Loan Consultants can walk you through each step of the process and answer any questions you have. To contact a Home Loan Consultant, call 888.493.4328  ext. 6851 or email

I just wanted to let you know that I’m in awe of Georgia United! I spoke to you ten days ago about applying for a HELOC and today we closed on it at the Stockbridge branch. This was the EASIEST and best thing I could have ever done! Every Georgia United employee we dealt with along the way, was very helpful, prompt, kind and a joy to deal with.
- Emanuel C.
Every interaction I had with associates has been very positive for years!!! Never been disappointed. My recent home loan closing experience was perfect. The seller commented on how professional and on point the loan staff were.
- Alicia S.
Buying my first house and using the credit union was the best decision I made. They treated me well and showed how much they care.
- Hector F.
Similar to a credit card, but different than a home equity loan, a HELOC provides you with a credit line that replenishes access to funds as you repay.

*APR = Annual Percentage Rate. Combo Home Equity Lines of Credit are variable based on the U.S. prime rate. Rates as low as 8.00% APR and are based on individual creditworthiness, loan-to-value ratio and ability to repay. The maximum APR that can apply is 15.00%. Members have the ability to lock the balance or portions of the balance into a low, fixed rate for term options up to 10 years. First rate lock is free; each additional is $50. Minimum fixed rate lock amount per loan is $5,000. The minimum amount due for each segment must be satisfied each month. Payments over and above the amount(s) due are automatically paid to the highest rate segment unless otherwise specified. For loan amounts of up to $500,000, closing costs that members must pay typically range between $500 and $1,375. Property insurance is required. Flood insurance may be required. Fees will vary on the lines. Fees will be added to the line at closing or can be paid up front. Not all products are available in all states or for all amounts. All home lending products are subject to credit and property approval. Other restrictions and qualifications apply. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. All loans are subject to pricing adjustments based on the borrower’s credit worthiness and loan-to-value. Membership eligibility restrictions and qualifications apply. Membership requires a $5 opening deposit plus a $5 one-time, nonrefundable membership fee. Not all applicants will qualify.

Rates effective as of