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Home Equity Lines of Credit
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Last Updated: 04/18/2025

Coca-Cola Federal Credit Union Home Equity Line of Credit

in Home Equity Lines of Credit from Coca-Cola Federal Credit Union

Last Updated: 04/18/2025

Coca-Cola Federal Credit Union logo
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Credit Score Range

N/A


Amount Range

$10,000 - $500,000

Maximum LTV

90%

Minimum Draw

N/A


Loan Term (Years)

Starting at 1

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Coca-Cola Federal Credit Union Home Equity Line of Credit Review

Coca-Cola Federal Credit Union Home Equity Line of Credit is offered by Coca-Cola Federal Credit Union , a credit union founded in 1965 and based in Atlanta, GA. Coca-Cola Federal Credit Union Home Equity Line of Credit are available in 50 states and Washington, DC.

Key Takeaways

  • Only primary residences considered. Coca-Cola Federal Credit Union Home Equity Line of Credit does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • High maximum LTV ratio. Coca-Cola Federal Credit Union Home Equity Line of Credit has a maximum loan to value ratio of 90%.

Coca-Cola Federal Credit Union Home Equity Line of Credit Pros & Cons

Coca-Cola Federal Credit Union Home Equity Line of Credit FAQ

How much can you borrow with a HELOC?

HELOCs are lines of credit secured by your home. Once approved, you can access funds by check, phone, credit card, or online up to your credit limit.
Borrowers can apply for lines of credit of up to $500,000.00. The maximum amount depends on property value, existing mortgage balance, and creditworthiness.
The maximum loan-to-value (LTV) ratio goes up to 90%. This means total debt secured by the property cannot exceed this percentage of its value. For example, on a $100,000 home with a $20,000 mortgage balance, you may qualify for up to $70k in credit.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Coca-Cola Federal Credit Union Home Equity Line of Credit charge for a HELOC?

Coca-Cola Federal Credit Union Home Equity Line of Credit may charge an origination fee.

What types of property can you use as security for a HELOC with Coca-Cola Federal Credit Union Home Equity Line of Credit?

Coca-Cola Federal Credit Union may consider HELOCs secured by the following property types:
  • Primary residences

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Contact

Headquarters

1 Coca Cola Plaza
Atlanta, GA 30313
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 4:00PM
Tuesday
9:00AM - 4:00PM
Wednesday
9:00AM - 4:00PM
Thursday
9:00AM - 4:00PM
Friday
9:00AM - 4:00PM
Saturday
Closed

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