Home Equity Line Of Credit (HELOC)
Make your home investment work for you by accessing a revolving credit line.
Fixed Intro
1.99%
APR1
Rates As Low As
4.00%
APR1 Thereafter
From funding your child’s college education to the kitchen remodel you’ve always dreamed of, the equity in your home can be harnessed in many ways. Tapping into your home’s value enables you to make significant improvements to your way of life, including investing in remodeling services, consolidating high-interest debt accounts, and much more.




Compare our two unique HELOC accounts to determine which option is right for you.
Intro Rate Home Equity Line of Credit
CommonWealth Central Credit Union offers an introductory rate HELOC beginning at a fixed 1.99% APR for your first 12 months, then remaining as low as 4.00% APR for the months to follow.
Get outstanding rates, benefits, and more with this exciting offer, along with features that include:
- Borrowing up to 80% of your property equity
- Loans ranging from $10,000 to $500,000
- Draw periods of 10 years
- Repayment periods of 20 years
- Competitive rates and payment options
Premium Home Equity Line of Credit
If you’re looking for more borrowing power, you can find it in our Premium Home Equity Line of Credit.
This HELOC offers an APR* as low as 4.00% and offers an excellent outlet when you need to withdraw indeterminate funds at various times.
Enjoy benefits such as:
- Zero closure fees
- 10 year draw periods, 20 year repayment periods
- Loans ranging from $10,000 to $100,000
- Up to 80% of CLTV
- No third party fees2
2All third-party fees associated with the loan at origination that were not collected at time of origination, will have to be reimbursed to the credit union if the line is closed within 24 months of the opening date.
HELOC Rates
Want to know how much you could earn, save, and borrow from CommonWealth Central Credit Union? Compare our options and find the perfect account for your lifestyle.
|
Intro Rate Home Equity Line of Credit | Premium Home Equity Line of Credit |
---|---|---|
Introductory Rate Option | 1.99% (12 Months) | None |
APR* (As Low As) | 4.00% | 4.00% |
Fixed Rate Option | • | None |
Interest-Only Option | • | • |
Early Closure Fee |
None |
None |
3rd Party Fees |
$450-$15001 |
None2 |
No Pre-Payment Penalties | • | • |
No Annual Fee | • | • |
Equity Checks | • | • |
24/7 Loan Application Center | • | • |
Online Banking Access | • | • |
Draw (borrowing period) |
10 years |
10 years |
Repayment |
20 years |
20 years |
Loan Amounts up to 80% CLTV |
$10,000 - $500,000 up to 80% CLTV |
$10,000 - $100,000 up to 80% CLTV |
*APR = Annual Percentage Rate. The rate you receive will be based on certain creditworthiness. Please ask us for the rate for which you qualify. All rates are subject to approximate loan term limits and certain restrictions may apply. Rates are subject to change without notice. There are minimum loan amounts required for some loan terms. Contact us for minimum loan amounts by term, maximum loan amounts and loan-to-value requirements. Additional conditions apply. Call (800) 564-1588 for additional information.
1Borrower is responsible for closing costs ranging from $450 to $1,500, including appraisal and escrow.
2All third-party fees associated with the loan at origination that were not collected at time of origination, will have to be reimbursed to the credit union if the line is closed within 24 months of the opening date.
How Can You Apply
We’ve Made Applying For a Home Equity Line of Credit Easier Than Ever