Home Equity Lines-of-Credit

Home Loans

Home Equity Lines of Credit


1.99%APR Introductory Rate for 90 Days!

Rates as low as 4.00%APR after the intro period


With a Home Equity Line-of-Credit (HELOC), you can borrow against the equity in your home as often as you need to with easy access to the funds. A home equity line-of-credit from KEMBA gives you access to the funds whether you need it today or two years from now. With our low HELOC rates, you can:

  • Consolidate bills
  • Make home improvements
  • Send your child to college
  • Establish emergency savings for the unexpected
  • Plus, you can access your HELOC anytime, anywhere with KEMBA's Digital Banking

HELOC vs. Home Equity Loan

If you are planning a big purchase, a home remodeling project or simply trying to secure cash for future needs, a HELOC is the perfect home equity loan for you. With a HELOC, you can draw the funds as you need to them, and you only make payments on the dispersed portion of the line-of-credit.

A home equity loan is also based on the equity of your home, but the funds are dispersed in one lump sum, and your payments will begin based on the term of your home equity loan. Home equity loans feature a fixed rate, versus the variable rate for home equity line-of-credit loans.

Ready to get started? Apply online for a KEMBA HELOC and get an online approval or referral to a member services representative for follow up.

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Important terms of a Home Equity Line-of-Credit

Equal Housing Lender

Not a KEMBA Member?

At KEMBA Financial Credit Union, we offer traditional mortgage loans and home equity loans for Central Ohio residents, as well as a full suite of traditional banking products and services with competitive rates and low fees.

It’s easy to become a KEMBA member! To learn how, call us at 614.235.2395, option 4, or visit one of our ten local branches in Pickerington, Gahanna, Bellefontaine, Clintonville, Grove City, Hilliard, Powell, Reynoldsburg, Westerville or Whitehall. Our dedicated associates will help you navigate your individual financial situation, and you can find out why we’re a better way to bank.

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 4.00% – 8.49% APR (Prime + Margin 0.00 to 5.49). KEMBA Advantage rate as low as 4.00% APR and everyday rate as low as 4.50% APR include auto pay discount of 0.25% with a loan amount greater than $35,000. Rates accurate as of 6.1.2022 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 cancelled 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. KEMBA membership required. Additional terms and conditions may apply. For Advantage program qualifications, visit kemba.org, or call 614.235.2395, option 4.


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