Home Equity Lending

If you’ve made progress in paying off your existing mortgage, you’ve likely built equity in your home. First United can help you borrow against that equity using your home as collateral. You can use the borrowed money for any number of purposes, like taking a family vacation or paying for college tuition. One popular choice is to use the money to remodel or update your home. This uses the value you’ve built in your home to further increase its value–a real win-win. With this solution, you get:

  • Flexible borrowing with competitive rates
  • Spending power to handle a variety of expenses
  • Local expertise and decision making

Lock In Your Rate

At First United, you don’t have to choose between a revolving line of credit or a term loan. Our Home Equity Lock-In Line of Credit account allows you to get the best of both worlds; a revolving line of credit and the ability to lock in a fixed interest rate on up to three portions of your line for 5, 10 and 15 year periods.*

A portion of your line can be a revolving line of credit that lets you write checks for any expense. And you can use other portions of your line to pay for large purchases. It can all be done on a fixed interest rate, or you can choose a variable rate in order to take advantage of market rates. Talk to our lending team today to see which option is best for you. Stop by or fill out the form below to receive a call from one of our associates.


Loan Amount Rates as low as *
$10,000 – $49,999.99 Prime + 0.50%
$50,000 – $99,999.99 Prime + 0.25%
$100,000 – $500,000 Prime - 0.25%
* The annual percentage rates (APR) are accurate as of 7/10/2019. All standard fees apply. All loans subject to credit approval. Loan program, including the rate and APR may change without notice. Other loan options and programs available, ask for details. For loan amounts up to $750,000, please ask an associate.

Additional Features and Services

Internet Banking

Execute all sorts of banking transactions without having to leave your home or office. It’s easy and secure.

Mobile Banking

On the run? You can access account balances, transfer funds and even pay bills using our mobile app.

Mobile Deposit

Just snap a picture of your deposit with your smartphone, press a few buttons, and you’ve completed your banking for the day.

Visa Debit Card

Earn reward points without accumulating debt with the card that links to your business checking account.

Telephone Banking

Access account information, transfer funds, and even place check reorders 24-7 from the convenience of your phone.

Customer Care Center

Our skilled associates are just a phone call away, until 10 PM on weekdays, to answer to all your banking needs.

Thank you to the staff at the Bel Air branch for making our dream of getting a Camaro come true! You all are so friendly and great to work with. Thank you!

Sharon and Matt W.


* Loans subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations apply. Rates are variable and based on the Prime Rate (as published in The Wall Street Journal). Rate is based on line amount and credit rating. The current amounts with a credit score above 740 or better are as follows: Tier 1 - $10,000- $49,999 is Prime + .50; Tier 2 - $50,000 - $99,999 is Prime + 0.25; Tier 3 - $100,000 - $500,000 is Prime - 0.25; or our floor of 4.00% which is applicable to all Tier’s. Maximum line amount $500,000/Minimum line amount $10,000. Lifetime Annual Percentage Rate (APR) will not exceed 16.00%. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. The product requires third party fees ranging from $300 to $1500. Upon request we will provide you with a breakdown of any third party fees required.

Optional Lock Feature: You can lock in portions of your Home Equity Line of Credit (HELOC) for fixed lock terms of 5, 10 or 15 years. The APR for the locked term will be calculated by adding a margin to the current HELOC APR that applies as of the date of the lock. The following rates are applicable as of 9/27/2018: 5 Year Term = Current HELOC APR plus .25%; 10 Year Term = Current HELOC APR plus .75%; 15 Year Term = Current HELOC APR plus 1.25%. You may request a 5 year lock of $5,000 to $50,000; a 10 year lock of $25,000 to $150,000 and a 15 year lock of $50,000 to $150,000 of your available credit.

All loans subject to credit approval.  All applicants must be 18 years of age.