Our Home Equity Line of Credit allows you draw as you need
over a 5 year period up to an approved amount based on
qualification. Use the equity in your home to finance home
improvements, your children's college expenses, or any
other purchase that may arise. Important things to know
before you apply is that our maximum loan amount is
$250,000 with a repayment of $9 per month per $1,000
borrowed. Your home must be owner occupied and must be
located in the state of Hawaii. The Loan to Value ratio that
we use is 80%. We will also pay for the costs to originate
your Home Equity Line of Credit for the first time only, once
per household. To show the value of your home, we will
accept your most recent tax assessment card, however, if
you would like to use an appraisal, that cost would be your
responsibility.
The interest rate is a variable interest rate that may be
adjusted annually, tied to an index. For more information,
please call one of our Member Service Representatives.
over a 5 year period up to an approved amount based on
qualification. Use the equity in your home to finance home
improvements, your children's college expenses, or any
other purchase that may arise. Important things to know
before you apply is that our maximum loan amount is
$250,000 with a repayment of $9 per month per $1,000
borrowed. Your home must be owner occupied and must be
located in the state of Hawaii. The Loan to Value ratio that
we use is 80%. We will also pay for the costs to originate
your Home Equity Line of Credit for the first time only, once
per household. To show the value of your home, we will
accept your most recent tax assessment card, however, if
you would like to use an appraisal, that cost would be your
responsibility.
The interest rate is a variable interest rate that may be
adjusted annually, tied to an index. For more information,
please call one of our Member Service Representatives.
Home Equity Line of
Credit (HELOC)
Currently 3.75%
Annual Percentage
Rate until March 9,
2012
Credit (HELOC)
Currently 3.75%
Annual Percentage
Rate until March 9,
2012
Need to repair your
home?
home?
Waialua Federal Credit Union
Serving Oahu's North Shore
Serving Oahu's North Shore
Home Equity Line of Credit (HELOC)
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