To pay for home improvements, vacations and more!
Home Equity Line of Credit
The Gold Coast Home Equity Line of Credit (HELOC) offers a flexible way to pay for all your wants and needs, large and small, including remodeling, vacation planning, tuition funding, or other significant life events. Your customized line of credit awaits you!
Use your home equity and get approved for a line of credit with the option to use the funds whenever you need them. Pay off your credit cards, fix up your home, or tackle an unexpected expense.
Once your loan is established, paying it back is easy! You can either transfer money from your Gold Coast savings or checking account within online/mobile banking, or you can make a payment using another financial institution’s credit or debit card.
*Rate is Wall Street Journal Prime Rate; currently an APR of 7.00%. An adjustment to this rate in the form of a margin premium or discount may apply. This is a variable rate line of credit, and the APR will change in accordance with the terms of the contract to a maximum APR of 18.00%. All rates are based on an evaluation of the member’s individual credit history. Your actual rate may vary.
Closing costs range from $1,200.00 to $2,600.00 depending on the amount of the loan. Advances are FREE if obtained through the Internet or ATM. A credit report fee of $85.00 is assessed during the loan application process. This fee covers the cost of obtaining your credit history from one or more consumer reporting agencies. The fee may be waived during promotional periods. Product offers, terms and other information provided herein are subject to change without notice. Rates and fees are effective as of October 31st, 2025. Gold Coast Federal Credit Union (NMLS#442117).
Home equity applicant must be the primary member. Credit information will be obtained on all applicants. Eligible properties are owner-occupied, one-to-four-member family residential dwellings within the state of Florida. Subject to credit approval, property appraisal and appropriate property insurance.
By law, residential mortgage loans are to be considered without regard to race, color, religion, national origin, sex, handicap or familial status. The federal government collects this information by authority of the Home Mortgage Disclosure Act and is available to members upon request.
