Consumer Loans
Home Equity
Mortgage Loans

Home Equity

Your Home Works for You

Over the years, you’ve invested a lot into your home. As one of the area's premier home lenders, Chevy Chase Bank recognizes the value of your investment.

We make it easy for you to use the equity you've built up in your home to finance a home improvement project, consolidate debts, send your kids to college, even buy a car or other major purchase.

Benefit from Our Terms

Our extensive lineup of home equity lines of credit and fixed-rate loans allow you to borrow against the value of the equity in your home at competitive rates.

Because your home secures the loan, a home equity loan rate is significantly lower than for many other types of credit. And home equity interest is generally tax-deductible (consult your tax advisor).

Choose the Right Home Equity Credit for You

Choose from the following options to explore how home equity credit can help achieve your personal goals:

• Home Equity Line of Credit – Home Equity Lines of Credit are generally for people who have ongoing financing needs and want a revolving line of credit. It can be used at any time, and features a flexible payment schedule and low interest rates.
• Home Equity Loan – Home Equity Loans are generally for people who have a specific puchase in mind, which requires a loan. It features a low, fixed rate of interest and has a fixed schedule of payments.

To apply, please complete an online Home Equity application today, call 301-987-BANK (2265) or 1-800-987-BANK (out of area), or stop by the Chevy Chase Bank branch nearest you.