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Make the most out of the equity on your home.

Looking to make some improvements to your home? Help paying for school or maybe even consolidate some of your debts? GEICO FCU makes it simple for members for members who are home owners to utilize the equity in there home.

  • Consolidate Debt
  • Pay for Education
  • Home Improvement
  • Vacation

Home Equity Line of Credit (HELOC)

HELOC is ideal for the member who would like to have some extra emergency funds on hand. It is a real estate loan that works like a line of credit which can be used for multiple things, such as home improvements, paying for education related expenses or planning the next vacation. GEICO FCU makes unlocking the equity in your home easy and will even pay the closing costs*.

Once you have qualified for your HELOC, GEICO FCU will provide you with a Visa®Platinum card and checks so that you can easily access your funds. In addition, your interest payments may be tax-deductible**.

Click here to apply online.


Home Equity Loan

If you are in need to make a large purchase or would need a bigger one time payout, a Home Equity Loan would be your best option. It has a low fixed rate and no closing cost* so you will know what to expect every month. In addition, your interest payments may be tax-deductible.

Click here to apply online.

*GEICO FCU will pay your closing costs if the borrower(s) meets certain conditions. To qualify, the initial advance must be $10,000 or more and remain open for 24 months. If the balance is zero within 24 months of the open date, the closing costs must be reimbursed by the borrower(s) and may be added to your outstanding balance. Closing costs do not include application fee, flood certificate, and home value or appraisal fee. Recording fees and mortgage taxes paid by the borrower at closing. Certain restrictions apply. GEICO FCU processes Home Equity Loans in MD, DC, VA, WV, NY, CA, FL, GA, PA, NJ, DE, OH, VT, CT, RI and AZ.

** Consult your tax advisor for more information.

For a Fixed-Rate Closed End Second Mortgage Loan with a 4.24% Annual Percentage Rate (APR) and a loan term of 5 years, the monthly payment is $185.25 based on a loan amount of $10,000. The APR is subject to change without notice.

Certain restrictions apply. Loans are subject to approval.

NMLS Registry Information for GEICO Federal Credit Union Mortgage Loan Originators

Arlene Christie NMLS #1230158
Sheila King NMLS #1769108
James Lee NMLS #792428
Marleny Diaz NMLS #1899363
Amber Sparks NMLS #1524389
Veronica West NMLS #1125403
Amy Mason NMLS #518255