Dream BIG: Home Equity Line of Credit
Whether you are looking to do some work around your house, pay off lingering debt, or have extra cash on hand in these uncertain times, Ohio Catholic FCU is here to help with a Home Equity Line of Credit.
A HELOC provides you financial flexibility to help you achieve your dreams. Right now, rates are as low as 3.50% APR on a HELOC.
To get started or get any questions you may have answered, fill out the form below, schedule an appointment with a branch representative, or contact our Loan Zone at (888) 696-4462.
*Subject to membership eligibility and creditworthiness. Your home equity contract rate is variable based on the Wall Street Journal Prime Rate, on your creditworthiness, and OCFCU’s lending policies. Your rate will vary but will never exceed 18.00% and never fall below 3.50%. LTV of 79.99% or less. $250,000 maximum limit allowed. Ohio Catholic FCU must be in the first lien position. Property insurance required. Flood insurance may be required. Loans or lines of credit currently financed through Ohio Catholic FCU are not eligible to be refinanced through the interest-free HELOC product. The HELOC must stay open a minimum of 24 months or all waived service fees must be repaid to the credit union. The HELOC draw period is 120 months and the repayment period is 120 months for a maximum loan term of 240 months. Other terms and conditions may apply. Please contact your tax adviser to determine any tax benefits. Ohio Catholic is an Equal Housing Lender. No annual fee for one year.