Home Equity Lines-of-Credit

Happy couple applying for a Home Equity Line-of-Credit from KEMBA

Ready to get started?


1.99% Intro APR for 90 days!




















Create your dreams in Central Ohio. Make ends meet.

The biggest benefit of a Home Equity Line-of-Credit? Flexibility, and more! It could be fast access to funds when you need them. It could be KEMBA Financial Credit Union's low rates. Or it could be the total freedom to spend the money as you see fit. Cover unexpected expenses, consolidate higher interest debt - or create excitement with a new home project. Take advantage of today’s high home values.
  • 1.99% APR introductory rate for 90 days, followed by low everyday rates for the remainder of the term
  • No annual fees
  • Borrow against the equity in your home up to 95% loan-to-value, determined by your home’s current market value
  • Minimum loan amount $5,000
  • A good source of funds for home improvements, major purchases, medical bills, to maintain everyday expenses, college tuition, and more
  • Can be used to consolidate higher interest loans and credit card balances to one easy to manage, low-rate loan
  • Apply once, and draw additional funds as needed through the life of the loan
  • Fast and easy access to your available credit with Digital Banking
  • Borrow from the line-of-credit for 10 years, followed by a 10-year re-payment period
  • Pay only on the amount borrowed during the draw period 



































Home Equity Line-of-Credit Application

Speak with a Home Equity expert





At KEMBA Financial Credit Union, we offer personal banking solutions for Central Ohio residents, as well as a full suite of personal banking products and services with low fees, competitive rates on credit cards, home mortgages and home equity loans, auto loans, personal and student loans, and financial wellness and counseling services.

To learn more, call us at 614.235.2395, option 4, or visit one of our local branches in Pickerington, Gahanna, Bellefontaine, Clintonville, Grove City, Hamilton Quarter, Hilliard, Lewis Center, Powell, Reynoldsburg, Westerville or Whitehall. Our dedicated associates will help you navigate your individual financial situation and help you discover why KEMBA is a better way to bank.
Disclosures
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 7.00% to 11.99% APR (Prime + Margin -0.50 to 5.49). KEMBA Advantage rate as low as 7.00% APR and everyday rate as low as 7.50% APR with a loan amount greater than $35,000. Rates accurate as of April 1, 2025 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. Offer eligibility based on date of application. 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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