Home Equity Lines-of-Credit

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Make ends meet. Or make some magic happen.

The biggest benefit of a Home Equity Line-of-Credit? That's a tough call. It could be our low rates. It could be the fast access to funds when you need them. Or it could be the total freedom to spend the money as you see fit. Cover unexpected expenses, consolidate higher interest debt - or bring a some smiles and excitement to the people you care about most.

  • 1.99% APR introductory rate for 90 days
  • HELOC limit depends on the equity you have in your home (the current market value minus your mortgage balance)
  • A good source of funds for home improvements, major purchases, medical bills, to maintain everyday expenses, college tuition, and more
  • Can be used used to consolidate higher interest loans and credit card balances to one easy to manage, low-rate loan
  • Pay interest only on the amount you've actually used
  • As you repay funds, you can draw on them again in the future for other purposes
  • Easy access to funds with Digital Banking tools or at KEMBA Financial Credit Union branches

Home Equity Line-of-Credit Application

Speak with a Home Equity expert

APR = Annual Percentage Rate. Home Equity Lines-of-Credit (HELOCs) are variable rate products. Introductory rate of 1.99% APR for first 90 days. At the end of 90 days, rate can change quarterly based on the most recent Prime Rate published in the Wall Street Journal on the 20th day of the calendar month before the date of any APR adjustment. Current rates range from 7.50% to 11.99% APR (Prime + Margin 0.00 to 5.49). KEMBA Advantage rate as low as 7.50% APR and everyday rate as low as 8.00% APR with a loan amount greater than $35,000. Rates accurate as of December 19, 2022 and are subject to change. Maximum APR is 18.00%. Minimum monthly payment is 1% of the balance or $100, whichever is greater. $250 reimbursement fee applies if HELOC is canceled within the first 36 months. Up to 95% current loan-to-value with home value of $100,000 or greater. Consult a tax advisor regarding interest being tax deductible. Loans subject to approval. Individual APR may vary based on your creditworthiness and participation in the KEMBA Advantage Program. Existing KEMBA loans are not eligible for this offer. Additional terms and conditions may apply. Click here for Advantage qualifications.
*Important information about your loan application:
A KEMBA membership is required before you can receive a loan. While you can complete and submit the online loan application prior to membership, we require that you join the Credit Union before your loan is funded. Find out if you’re eligible for membership.

Online loan applicants must be at least 18 years old and U.S. Citizens. When you submit an online loan application you are authorizing KEMBA Financial Credit Union to obtain your consumer credit reports from national credit reporting agencies, and contact you via telephone, email, or mail in regards to your application. It is also important to note that information obtained by KEMBA from your loan application may be kept and maintained by the Credit Union for an indefinite period of time, and may be shared with business affiliates of the Credit Union for any lawful purpose. KEMBA is an equal opportunity lender.
USA Patriot Act
Customer Identification Program Notification: Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account, in order to help the government fight the funding of terrorism and money laundering activities. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

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