HELOC Special

Whether you’re planning home improvements or paying off your mortgage lien – our Home Equity Line of Credit (HELOC) special can help make it happen

Additional terms and conditions apply.

*APR – Annual Percentage Rate. Rates effective as of 6/1/2025 and subject to change without notice. HOCU membership required. Home Equity Line of Credit is a variable rate loan. The rate is tied to an index, the monthly average of the Six-Month Treasury Bill Rate (Auction High), to which a margin is added. This rate is adjusted quarterly with a maximum APR of 18.00% APR. 4.99% APR fixed for 36 months is an introductory rate which starts when the loan is opened. Offer is for first or second lien requests on improved fee-simple owner-occupied properties located in Hawaii, subject to credit approval. To qualify, the following conditions must be met:

1. Combined loan-to-value ratio may not be higher than 70%.
2. You must have at least one monthly recurring direct deposit or Automated Clearing House (ACH) credit transaction to one of your HOCU accounts (a regular periodic payment, such as employment wages, salary, pension, government payments like Social Security or VA Benefits, or other monthly income that occurs as an ACH credit from your employer or outside entity).
3. Automatic payments from a HOCU checking account is required.
4. You must pay off an existing mortgage. The existing mortgage may be on a second property.
5. At least 70% of the approved credit limit must be drawn at origination to pay off the existing mortgage. 6. Applications for this promotion must be closed within 90 days from the application date.

You can obtain credit advances for 8 years (draw period). At the time you establish the plan you will have your choice of a 216-month or 360-month payoff period. You must pay certain fees to third parties to open the plan. These fees generally total between $830.00 and $3,500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.