Home Equity Line of Credit (HELOC)

Competitive credit union loan rates to fit your budget

Is your home only a few years old? Unlike cars, your home appreciates in value over time—especially during the pandemic.

Get cash out of your home

When your house is worth more than the principal outstanding on your loan, the difference is called home equity. This home equity is a great source of low-interest funds you can access at our credit union.

We offer a Home Equity Line of Credit (HELOC) to our members, a variable-rate line of credit allowing you to borrow money and use your home as collateral.

Apply for a HELOC if you need:

• Home improvements

• Debt consolidation

• College funding

• Vacation

• More

Home Equity Line of Credit Features at Ohio HealthCare FCU:

• Pay no loan-advance fees, annual fees or points

• Low closing costs

• Offers a low variable interest rate, based on the Prime Rate

• Borrow money and pay interest when you need it up to your maximum credit limit

• Your available credit balance revolves as you pay off the outstanding balance during the life of your loan

• Credit limits up to 85% of the equity in your home, $5,000.00 and up

Questions?

Contact our Lending Department by calling (614) 737-6030 (Option 4) or sending us an email.

Still not a member?

Check your eligibility. Then, apply for membership at our credit union.