Home Equity Line of Credit (HELOC)

If flexibility is something you're looking for, a HELOC may be the perfect option.  Use it to finance almost anything such as a new auto, home improvements, education expenses, travel and much more.  Eligible properties include primary residence and vacation homes located in Arizona, Florida, Iowa, Minnesota, and Wisconsin.

  • No annual fee
  • No cancellation fee
  • Interest paid may be tax deductible*

Request a loan today to take advantage of our great rates!

*The Credit Union does not give tax advice. Please consult your tax advisor.


Home Equity Line of Credit Variable Rate309/14/2018
Maximum Loan to Value Draw Period Annual Percentage Rate1 Loan Limits2
80% 15 years 5.00% Min $5,000
Max $200,000
1The variable loan rate is subject to change the first day of each calendar month, based on the external prime lending rate index published in "The Wall Street Journal" in effect at the close of the fifteenth day of the preceding month (i.e., July 1-31, the rate would be determined based on the June 15 prime rate). Any rate change will affect existing balances as well as future advances. The maximum rate is 16.00%.
2Minimum payment is $15 per thousand or $50 per month, whichever amount is greater. Initial advance must be at least $5,000, after that, $100. When an advance is given, the new payment amount is disclosed on the receipt.
3Closing costs ranging from $0 - $1,000 may be charged for a Home Equity loan.