Home Equity Line of Credit

Home equity is a great asset. Put it to work with a home equity line of credit.

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Achieve tomorrow’s goals today.

Use the equity in your home to finance your major goals.

01
Enjoy Financial Flexibility

Say yes to every opportunity that presents itself. You can borrow when you need it and in the amounts you need. Only pay what you’ve borrowed.

02
Competitive Rates

Enjoy a fixed rate of 1.99% for the first 24 months.

03
No Annual Fee

Zero annual fee throughout the loan life.

04
No Prepayment Penalty

HOCU allows extra payments or loan payoffs before the maturity date without penalty.

05
Maximize Your Borrowing Power

HOCU allows you to borrower up to 80% of the value of your house.

06
Closing Cost Credit

Save money on closing cost with up to a $550 closing cost credit.

Current Mortgage Rates

Take advantage of today’s rates and apply online.
View our HELOC products below.

Home Equity Line of Credit – Owner Occupied

QUICK FACTS

We offer Home Equity LOC on your Owner occupied property with a loan to value up to 80% with a 18 or 30 year repayment.

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  • 1.99%APR fixed for 2 years and 2.75%APR for 3 years, then variable there after
  • Variable rate currently 4.50%APR
  • 8 year draw period
  • Financing up to 80%
  • Up to $550 closing credit
  • See rates and terms

Over 80% Home Equity Line of Credit – Owner Occupied

QUICK FACTS
  • 8 year draw period
  • No prepayment penalty
  • Maximum line of credit – $250,000
  • See rates and terms

Home Equity Line of Credit – Rental 1st Mortgage

QUICK FACTS

Home Equity Line of Credit – Rental 2nd Mortgage

QUICK FACTS
  • 70% loan to value appraisal
  • 8 year draw period
  • 18 year repayment
  • Maximum line of credit $250,000
  • See rates and terms

Loan Options to Suit Your Home Needs

At HOCU, we have products and service expertise to help assist in purchasing your first home, refinancing an existing mortgage, and even leveraging into your home’s equity. Talk with us to see which option is best for you.

Owner Occupied 2nd Home

Life changes as you do. Whether it’s career advancement or looking for a vacation home, we understand the importance of owning your 2nd home. Contact us today for more information.

Rental/Investment Property

Navigating through the finances of a rental or investment property can be a hassle. We make it easy for you to find the right mortgage that will suit all your needs. Maximize your property value with us!

Let HOCU Help You

A better financial future is within reach. Get in touch to get started!

Call HOCU

General Inquiries: (808) 777-JOIN [5646]
Loan Inquiries: (808) 777-LOAN [5626]
Email: info@myhocu.com

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Apply Online

To become a member and gain access to the benefits a credit union brings.

Visit Us

At one of our 5 convenient locations.

With over 30,000 surcharge-free CO-OP network ATMs across Hawaii and nationwide, HOCU makes accessing your money easier for you. Call us at 777-JOIN to learn more!