Home Equity Line of Credit
Special introductory fixed rate of 5.24% APR for the first 9 months1
After 9 months, your line of credit will convert to a variable rate, currently as low as 6.75% APR2.
All Home Equity Lines of Credit come with
No closings costs for most lines 3
Funds that could be delivered in days with Access NOW™4
A Fixed-Rate Option available6
After investing so much time and money in your home, it's time to take advantage of its equity. When you have unexpected expenses or projects to finance, consider how a Home Equity Line of Credit (HELOC) from Atlantic Union Bank can provide the solution, and peace of mind knowing you're prepared for anything life throws your way.
- Borrow as much or as little as you need
- Interest-only payments available
- Interest may be tax-deductible (please consult your tax advisor)
- No closing costs - closing costs reimbursed for line sizes up to $400,0003
- Fast turnaround time from application to closing in about 32 days (most loans close in under 30 days)5
- Rates as low as 6.75% APR2 for lines of $150,000 or more
When you need your money fast, Access NOW™4 can help.
If you don’t have time for the waiting game, why not get your money now? Access NOW4 is a new way to put some money in your pocket while you wait for your approved Home Equity Line of Credit to close. If you have an immediate need, the Access NOW loan allows you to borrow against a portion of the approved credit limit and it's paid off when you get your HELOC funds. It’s that simple.
- No processing fees
- 90-day term with interest-only monthly payments
- Balance paid off when your HELOC closes
Or lock in a Fixed-Rate Option6 any time during your draw period.
Enjoy the predictability of fixed monthly payments when you use all or part of your balance.
- Protects against rising interest rates
- Have up to 5 Fixed-Rate Advances at one time
- Fixed-rate processing fee of $75, as allowed by applicable law.
- Fixed rates available for 5, 10, 15 or 20-year terms
- Fixed-Rate Advances are not automatically available through a draw or by writing a check. You must speak with a banker to obtain a fixed rate.
Learn more
How much equity can you access?
Disclosures
1The introductory fixed rate of 5.24% Annual Percentage Rate (APR) applies to new home equity line accounts. The introductory rate is only available to new borrowers on qualified new home equity lines of credit. Only one introductory rate offer is available per property. Current AUB home equity line customers, increases to existing home equity lines and refinances of existing AUB debt are not eligible for this offer. After the nine-month introductory period, a standard rate applies for the remaining portion of the draw period.
2The lowest APR (Annual Percentage Rate) offered is 6.75%, is available with a minimum line amount of $150,000, a minimum initial variable rate advance at closing of $15,000, a maximum combined loan-to-value of 80%, and automatic deduction of monthly payments from an Atlantic Union Bank (“Bank”) checking account. Borrowers must possess a Beacon Score of 720 or greater to receive the lowest rate. The Annual Percentage Rate (APR) is variable and is based on an Index and a Margin. The APR will vary with the Prime Rate (Index) as published in the Wall Street Journal. As of 3/13/2026 the Prime Rate was 6.75% and the Margins ranged from 0.50% to 4.50%. The Index may vary due to a change in the Prime Rate, and Margins vary based on the credit limit amount, the loan-to-value ratio, the borrower’s credit score and other factors. The maximum APR is 24% or the maximum permitted by state law, whichever is less. The minimum APR shall be no less than 3.00%. All offers are subject to credit approval. Offer is not available for advances taken under the fixed-rate option. Offer may not be available for existing Atlantic Union Bank Equity Line customers. This Atlantic Union Bank Home Equity Line of Credit has a 15-year draw period with a 15-year repayment period. Payments are interest-only during the draw period and the repayment period requires a principal and interest payment, based on the outstanding balance. There is no origination fee charged to open. Other fees may be charged at origination, at closing or subsequent to closing, ranging from $150 to $2,000. Bank must be in a valid first or subordinate lien position on the collateral. Property insurance and flood insurance, where applicable, will be required. This offer is limited to primary and secondary single-family residential real property located in Virginia, Maryland and North Carolina. Please consult with a tax advisor regarding interest deductibility. Certain conditions and restrictions may apply. There is a $50 annual fee, if and as allowed by applicable law, which is waived the first year. Your annual fee may be waived with a qualified Atlantic Union Bank checking account; consult with your branch banker for details.
3Bank will pay closing costs for non-purchase money credit lines up to $400,000; credit lines of more than $400,000 and purchase-money credit lines will receive a $2,000 credit towards closing costs ($3,500 for collateral in MD), or the full amount of closing costs, whichever is less. Closing costs include the first property valuation obtained by Atlantic Union Bank, but exclude any subsequent valuations not required by us and the initial funding of an escrow account when required. However, if your account is closed within three (3) years of the opening date, we will add any closings costs we advanced on your behalf to your outstanding balance for our reimbursement. Total closing costs generally range from $200 - $3,500. There is a $50 annual fee, if and as allowed by applicable law, which is waived the first year. Your annual fee may be waived with a qualified Atlantic Union checking account; consult with your branch banker for details.
4Access NOW is an unsecured, short-term loan that is available for eligible customers that have been credit approved for a HELOC application. The maximum loan amount is equal to 50% of the approved HELOC line amount or $50,000, whichever is lower. Subject to standard credit criteria.
5Turnaround time from application to closing is impacted by the complexity of the application and customer responsiveness to information requests.
6Ability to have up to 5 fixed-rate advances at one time. Fixed interest rates available for 5, 10, 15 or 20 year terms. Fixed-rate processing fee of $75, as allowed by applicable law. The interest rate is determined at the time of the fixed rate request using the Wall Street Journal Prime Rate plus a margin. The fixed interest rate will be higher than your standard variable rate. Margins are subject to change at any time. The fixed rate advance term selected can not exceed the full maturity date of the Home Equity Line of Credit account. For more details or to request a Fixed Rate Option, contact your local branch or schedule an appointment