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Kohler Credit Union
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Home Equity

HomeLine – a home equity line of credit

A great way to take advantage of the value of your home! Qualified members may borrow up to 100% of the home's equity (the appraised value of your house less the amount of any outstanding mortgage balance).

Here's why it's a great product for you...

  • Low Interest Rate – The rate for HomeLine varies monthly with the Prime Rate.

  • It’s Convenient – You can get money 24 hours a day, 7 days a week from your pre-approved line-of-credit by simply writing a check, transferring funds via online account access or "Call KCU", or stop by any branch.

  • First Year Fee is Waived – The $25 annual fee is waived the first year and every year thereafter when you pay $200 in interest.

  • Separate, Easy to Read Statement – The middle of each month you will receive a separate statement in which advances and payments are itemized. Your payment will be due on the 15th of the following month.

Since the loan rate is extremely low (prime rate) and the interest may be tax deductible (consult your tax adviser regarding deductibility), you may want to combine other outstanding loans and take advantage of this great product.

Apply for a HomeLine loan today.