Notice: We are not currently offering home equity products in North Carolina.View states where we are licensed.

Licensed North Carolina Lender

North Carolina HELOC & Home Equity Loans

Access your home's equity with competitive rates for North Carolina homeowners. Serving Charlotte, Raleigh, Greensboro, and communities across the Tar Heel State.

Current North Carolina Rates

Competitive rates for NC homeowners - Updated daily

HELOC Rates

6.75% APR

Variable rate, interest-only payments during draw period

  • Credit lines up to $500,000
  • 10-year draw period
  • Interest-only payments available

Home Equity Loan

7.25% APR

Fixed rate with predictable monthly payments

  • Loans up to $400,000
  • Fixed monthly payments
  • Rate locked for life of loan

North Carolina Housing Market Insights

$285K
Median Home Value
Statewide Average
7.8%
Annual Appreciation
5-Year Average
68%
Homeownership Rate
Above National Average

Charlotte Metro

Median Home Value:$345,000
Population:2.7M
Major Employers:Bank of America, Wells Fargo

Raleigh-Durham

Median Home Value:$385,000
Population:2.1M
Major Employers:IBM, Cisco, Duke University

Greensboro-Winston

Median Home Value:$235,000
Population:765K
Major Employers:HanesBrands, Volvo Trucks

North Carolina Home Equity Regulations

Consumer Protection Standards

North Carolina enforces strict consumer protections under the Home Equity Act, requiring comprehensive disclosures and cooling-off periods for borrower protection.

Key Regulatory Features

Loan Limits & Standards

  • Maximum 80% loan-to-value ratio
  • Primary residence requirement
  • Comprehensive income verification
  • Property appraisal required

Consumer Protections

  • 3-day right of rescission
  • High-cost loan protections
  • Anti-flipping provisions
  • Mandatory counseling for high-cost loans

Important Disclosure

Under North Carolina's Home Equity Act, borrowers receive enhanced protections including mandatory waiting periods and detailed fee disclosures. Our loan terms comply with all state regulations and federal truth-in-lending requirements.

North Carolina Communities We Serve

Major Cities

  • Charlotte
  • Raleigh
  • Greensboro
  • Durham
  • Winston-Salem
  • Fayetteville
  • Cary
  • Wilmington

Charlotte Metro

  • Gastonia
  • Concord
  • Huntersville
  • Matthews
  • Mint Hill
  • Cornelius
  • Pineville
  • Monroe

Triangle Area

  • Chapel Hill
  • Apex
  • Morrisville
  • Holly Springs
  • Garner
  • Wake Forest
  • Fuquay-Varina
  • Clayton

Other Areas

  • Asheville
  • High Point
  • Jacksonville
  • Greenville
  • Hickory
  • Kannapolis
  • Goldsboro
  • Salisbury

Licensed to serve all 100 North Carolina counties

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Why North Carolina Homeowners Choose Us

Licensed & Compliant

Fully licensed in North Carolina with complete compliance to state Home Equity Act requirements and consumer protection standards.

Market Expertise

Deep understanding of North Carolina's diverse markets from Charlotte's banking hub to Raleigh's tech triangle.

Fast Processing

Streamlined application process with quick approvals while maintaining full compliance with NC regulations.

Competitive Rates

Market-leading rates for North Carolina borrowers with transparent pricing and no hidden fees.

Local Support

Dedicated support team familiar with NC markets and regulations, available throughout your loan process.

Flexible Options

Multiple product options including HELOCs and fixed-rate home equity loans to meet diverse financial needs.

Simple Application Process for NC Residents

1. Apply Online

Complete our secure online application in minutes with NC-specific documentation requirements.

2. Quick Review

Our team reviews your application with full compliance to North Carolina lending regulations.

3. Get Approved

Receive approval and access your funds with all required NC consumer protection periods observed.

North Carolina HELOC & Home Equity FAQ

What are the specific requirements for a home equity loan in North Carolina?

North Carolina requires the property to be your primary residence, limits loans to 80% loan-to-value ratio, requires comprehensive income verification, and mandates compliance with the state's Home Equity Act including waiting periods and detailed disclosures.

How do North Carolina's home equity laws protect borrowers?

North Carolina's Home Equity Act provides strong consumer protections including a 3-day right of rescission, restrictions on high-cost loans, anti-flipping provisions, and mandatory counseling requirements for certain loan types. These protections ensure borrowers have time to consider their decision and understand loan terms.

What's the difference between Charlotte, Raleigh, and other NC market rates?

While our rates are consistent statewide, loan amounts may vary based on local home values. Charlotte and Raleigh metros typically support higher loan amounts due to elevated property values, while maintaining the same competitive rate structure throughout North Carolina.

How long does the approval process take in North Carolina?

Our typical approval process takes 7-14 business days, including time for property appraisal and compliance with North Carolina's regulatory requirements. The mandatory 3-day rescission period begins after loan approval, ensuring you have adequate time to review all terms before proceeding.

Can I use a North Carolina HELOC for investment property or second homes?

North Carolina's Home Equity Act specifically requires the property to be your primary residence. HELOCs and home equity loans under this law cannot be used for investment properties or second homes. Alternative financing options may be available for non-primary residences.