Home Equity Line of Credit(HELOC)

Unlock More with 3.29%³ APR.
Your home. Your equity. Your move.

Man and woman completing a home improvement project in their home. They are happy and working with a ladder and painting.

Borrow, Repay and Borrow again, with a Premium Home Equity Line of Credit.

Whether you're envisioning home improvements, managing unexpected emergencies, consolidating high-interest debt, or funding other significant life expenses, our HELOC provides the financial solution you've been seeking.

Maximize Your Equity

With real estate values at an all-time high, you may have more equity in your home than ever before. Our HELOC allows you to tap into this equity and access funds as needed, giving you financial flexibility.

Flexible Financing

Unlike traditional loans, a HELOC lets you borrow only what you need, when you need it. Whether it's home repairs, improvements, emergencies, or other expenses, our HELOC has you covered.

Low Costs, High Benefits

We believe in rewarding our members. That's why we waive all fees if your loan amount exceeds $50,000 in new money¹. Plus, with competitive interest rates as low as 7.00% APR ², you can borrow with confidence.

¹ New money must either be a new loan or a refinance from a different financial institution. If your Home Equity Line of Credit Loan is less than $50,000, of new money to the Credit Union, additional fees and closing costs apply.

² APR=Annual Percentage Rate.

³The promotional rate represents our lowest available rate for borrowers with excellent credit; your actual rate and terms may differ. The promotional rate is valid for the first 12 months from the date the HELOC is opened. Only one promotional HELOC rate is permitted per property within a 24-month period. Failure to meet HELOC terms and conditions will result in the promotional rate ending and the account reverting to the member’s qualifying variable rate. The regular line of credit rate is based on the Prime Rate, as published in the Wall Street Journal on the last business day of the previous month, plus or minus a margin determined by your individual creditworthiness. Actual rates will vary based on creditworthiness, loan amount, and loan term. The maximum APR is 18%, and all balances will accrue interest at the variable APR applicable to your account. All mortgage loans are subject to credit approval and a property appraisal, which includes an appraisal fee.

How do I apply for a Premium Home Equity Line of Credit?

Complete Application

Apply online at your convenience by clicking the button below, or visit any of our branches to apply in person.
Connect with our Team

Our team will contact you to discuss your HELOC loan details and address any questions you may have.
Application Decision

Upon completion, you'll have access to your HELOC funds, so you can start tackling projects and achieving your financial goals.

Frequently Asked Questions

How long does it take to get approved for this loan?

Once your application is complete, our team will connect with you to answer any questions you have and discuss the next steps. Our team is dedicated to making your experience as simple and efficient as possible.

Can I see if I am qualified before applying?

We are happy to consult with you to clarify your questions and discuss your potential for a loan approval, as well as share the specific loan requirements. In order to receive a final loan decision, it is necessary to complete an application and submit the required documents for evaluation.

How does the HELOC work?

The Home Equity Line of Credit (HELOC) is a 20-year loan that includes a 5-year draw period. During the draw period, you can borrow funds as needed, and your monthly payment is based on the amount borrowed, amortized over the full 20-year term. Once the 5-year draw period ends, no additional draws are allowed. At that point, the outstanding balance will be re-amortized and repaid over the remaining 15 years of the loan term.

Discover the HY WOW! difference for yourself!

We are dedicated to being your partner through life's ups and downs, ready to do whatever is necessary to guide and support you. Our success comes from our members achieving financial stability and unstoppable growth.

The HY WOW! Difference

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