Compare Home Equity Line of Credit (HELOC) Options
Special introductory fixed rate for the first nine months1
5.24% APR fixed rate for the first nine months then after nine months, your line of credit will convert to a variable rate, currently as low as 6.75% APR2 for lines of $150,000 or more.
Access Your Equity—On Your Terms
Your home’s equity can help you fund what matters most. Explore and compare our HELOC and STAR Home Equity Line of Credit* to find the right fit.
- Flexible access to funds when you need them
- Competitive rates vs. many unsecured loans
- Use for major expenses or ongoing needs
Estimate your borrowing power with our Home Equity Calculator.
Common Uses for a HELOC
Home improvement
Education
Major expense
Debt Consolidation
HELOC vs STAR Home Equity Line of Credit*
Quickly compare eligibility, credit limits, rate options and flexibility to find the right solution.
Home Equity Line of Credit (HELOC)
A HELOC gives you revolving access to funds up to your credit limit—borrow, repay and borrow again during the draw period.
Key benefits:
- Only pay interest on what you use
- Variable-rate option for flexibility
- Fixed-rate advances available to lock in payments on all or part of your balance***
- Ideal for ongoing or phased expenses
To secure a fixed-rate advance, you will need to contact a banker.
STAR Home Equity Line of Credit*
Designed to expand access to home equity financing, the STAR (Steps Towards Achieving Results) HELOC offers similar flexibility for qualified borrowers based on income or property location criteria.
Why consider a STAR HELOC?
- Expanded eligibility opportunities
- Core HELOC flexibility and features
- Competitive option for qualified homeowners
Compare our home equity options
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Learn More |
Learn More |
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| Details | Flexibility to borrow funds now and in the future with ongoing access to funds. |
Flexibility to borrow funds now and in the future with ongoing access to funds. Collateral must be located in a low-moderate income census tract and/or the applicant(s) income is less than 80% of the median income for that tract. |
| Promotion |
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 |
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 7.25% APR2 |
| Interest rates | Variable with a fixed rate option*** | Variable with a fixed rate option*** |
| Rates discounts |
0.25% less when your monthly payment is automatically deducted from an Atlantic Union Bank deposit account |
0.25% less when your monthly payment is automatically deducted from an Atlantic Union Bank deposit account |
| Line/Loan amounts |
VA, DC & MD - $10,000 and greater NC - $15,000 and greater |
VA, DC & MD - $5,000 up to $100,000 NC - $15,000 up to $100,000 Line amounts reduced to $50,000 for loan to value (LTV) ratio greater than 80% up to 95% |
| Monthly payment options | Variable or fixed monthly payments | Variable or fixed monthly payments |
| Closing costs | Paid by Atlantic Union Bank** | Paid by Atlantic Union Bank** |
| Annual fee |
$50** Can be waived with a qualified Atlantic Union Bank checking account |
$50** Can be waived with a qualified Atlantic Union Bank checking account |
| Collateral | Primary or secondary residential property | Primary residential property |
| Learn more |
Need Funds Quickly?Eligible borrowers may qualify for an Access NOW™ loan3, which allows you to borrow against your approved credit limit before final HELOC funding is complete. This advance is paid off once your HELOC funds are available. |
Is a Home Equity Option Right for You?
Home equity financing can be a smart choice if you’ve built equity and need funds for larger expenses. Benefits may include lower rates than many unsecured options and access to funds when you need them, without reapplying.
Keep in mind: Your home secures the loan. Consider your budget, repayment plan and comfort level with using your home as collateral.
Not sure which option fits? A banker can help you compare and decide.
Exclusive HELOC Benefits
With an Atlantic Union Bank HELOC, you may receive:
- Rate discounts with automatic payments from an Atlantic Union Bank account
- No closing costs for qualified borrowers**
- Ability to use a primary or secondary residence as collateral
What to Expect When You Apply
Getting started is simple:
Submit a short application.
We evaluate your home value and available equity.
Receive a credit decision and limit.
Access funds based on your selected option.
Why Choose Atlantic Union Bank for Home Equity Financing?
- Knowledgeable professionals with regional expertise
- Personalized guidance from experienced bankers
- Solutions aligned to your financial goals—now and ahead
Not sure what option is right for you? Learn more and discuss your options.
FAQs
This option allows borrowers to select a fixed rate term and repayment for a new advance or for any outstanding advances taken previously. Offering stability, available terms include 5, 10, 15 and 20 years. An example of how this works: a $20,000 advance with a term of 15 years at 8.00% would have a monthly payment of $191.13.
Homeowners commonly use a HELOC for home improvements, education expenses, major purchases or debt consolidation. Funds can generally be used for a wide range of needs.
Your credit limit is based on factors such as your home’s value, the amount of equity you have and other requirements. Loan to value limits may apply.
Atlantic Union Bank will pay closing costs**.
Yes. A HELOC is secured by your home.
Eligibility requirements include homeownership, sufficient equity, acceptable credit history and meeting income or residency guidelines. A banker can walk you through the requirements.
Apply online or speak with a banker to get started.
Learn more
How much equity can you access?
A home equity line of credit is based on a percentage of the value of your home. Not sure how much of your home's equity you may qualify for? Use our Home Equity Calculator to find out.
Disclosures
*The Steps Toward Achieving Results (STAR) Home Equity Line of Credit is available to Virginia, North Carolina, DC and Maryland residents with primary single family residences located in a low to moderate income census tract and/or have an income below 80% of the median income for that tract as identified by the U.S. Census Bureau. All loans are subject to credit approval. Bank must be in a valid first or subordinate lien position on the collateral. Property insurance and flood insurance, where applicable, will be required. Please consult with a tax advisor regarding interest deductibility. Certain conditions and restrictions may apply.
**Bank 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.
***Ability to have up to 5 fixed-rate advances at one time. Fixed interest rates available for multiple terms (see a banker for details). 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 example, a $20,000 advance with a term of 15 years at 8.00% would have a payment of $191.13 each month. For more details or to request a Fixed Rate Option, contact your local branch or schedule an appointment.
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% (or 7.25% for STAR), is available with a minimum line amount of $150,000 (or $50,000 for STAR), 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 6/24/2026 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.
3Access 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.
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