Home Equity Loans & Lines of Credit
Unlock your home’s equity with flexible financing options designed for renovations, debt consolidation, major purchases, and life’s unexpected moments. Our Home Equity Loans and HELOCs give you convenient access to funds with personalized guidance from a local team you know and trust.
0% HELOC INTRO RATE3
10 MINUTE PRE-APPROVAL5
0%
APR1
+
NO CLOSING COSTS
CURRENT RATE AS LOW AS
6.75%
APR1
Variable Rate
My Home Value
Your Equity at a Glance
Stay connected to your home’s estimated value, track available equity, and explore personalized offers—all conveniently within Digital Banking.
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) gives you flexible, ongoing access to funds backed by your home’s equity. Whether you’re planning renovations, covering unexpected expenses, or preparing for future projects, a HELOC offers convenient borrowing access when and where you need it.
Flexible Usage
Use funds for home improvements, major purchases, debt consolidation, or unexpected expenses.
Revolving Credit Access
Borrow as needed during your draw period and reuse available funds as you repay your balance.
Borrow Up to 90% of Your Home’s Value2
Access a larger portion of your available home equity to support your financial goals.*
10 MINUTE PRE-APPROVAL5
Home Equity Loan
A Home Equity Loan, traditionally known as a “second mortgage,” offers predictable payments and dependable financing backed by your home’s equity. Whether you’re funding renovations, consolidating debt, or covering a major purchase, this fixed-rate option provides stability and a one-time lump sum to help support your goals and future plans.
Fixed Rates & Payments
Enjoy consistent monthly payments and a dependable fixed interest rate throughout the life of your loan.
One-Time Lump Sum
Receive your funds upfront for planned expenses, projects, or larger purchases.
Borrow Up to 100% of Your Home’s Equity
Access more of your available home equity to help support your financial goals.
No Annual Fees
Keep borrowing costs manageable with no annual fee required.
Home Equity Rates
| Line of Credit2 | APR1 as low as | Monthly Payment4 |
|---|---|---|
| 80% LTV Introductory Rate | 0%3 | 1% |
| 80% LTV | 6.75% | 1% |
| 90% LTV Introductory Rate | 0%3 | 1% |
| 90% LTV | 8.75% | 1% |
Explore Our HELOC Calculator
Home Equity Loans & Lines of Credit
Frequently Asked Questions
Questions About Home Equity Financing?
Our lending team is here to help you compare options, understand your borrowing power, and find the solution that fits your needs.
What is a home equity line of credit (HELOC)?
A Home Equity Line of Credit (HELOC) is a revolving line of credit that lets you borrow against the available equity in your home. You can access funds as needed, repay what you borrow, and use the funds again up to your approved credit limit
How does a HELOC work?
A Home Equity Line of Credit (HELOC) works similar to a credit card. During the draw period, you can borrow funds as needed, repay the balance, and borrow again up to your approved credit limit. Once the draw period ends, the repayment period begins, and you repay the remaining balance over time.
How much can I borrow with a HELOC?
The amount you can borrow with a Home Equity Line of Credit (HELOC) depends on your home’s value, available equity, and overall qualifications. Kohler Credit Union offers HELOC options up to 90% loan-to-value for qualified borrowers.
What credit score is needed for a HELOC?
There is no single minimum credit score required for a Home Equity Line of Credit (HELOC). Approval is based on your overall financial profile, including your credit history, income, available home equity, and current debt levels.
What is the difference between a HELOC and a home equity loan?
A Home Equity Line of Credit (HELOC) provides a flexible line of credit that you can use as needed, while a home equity loan gives you a one-time lump sum with fixed monthly payments. A HELOC offers ongoing access to funds and greater flexibility, while a home equity loan provides predictable payments and a fixed repayment schedule.
What will my HELOC payment look like?
Monthly HELOC payments are typically based on a percentage of your outstanding balance and may include a minimum payment amount. Because your balance can change as you borrow and repay funds, your monthly payment amount may also vary over time.
What can I use a HELOC for?
A Home Equity Line of Credit (HELOC) can be used for a variety of expenses, including home improvements, debt consolidation, tuition, travel, emergency expenses, or other major purchases.
All loans and lines of credit are subject to credit approval and certain restrictions. Membership required.
1APR = Annual Percentage Rate.
2Maximum loan-to-value (LTV) is 80%; additional options may be available up to 90% LTV.
3Rate effective 02/01/2026. Introductory 0.00% APR for three months. After the introductory period, the APR becomes variable and is based on Prime Rate as published in the Wall Street Journal plus a margin. Based on the current Prime Rate, the post-introductory APR will range from 6.75% to 12.00%, depending on credit qualifications and other factors. Promotion valid on new home equity loans or lines with a minimum $20,000 loan or advance at funding. Existing Kohler Credit Union home equity borrowers within the past 12 months are ineligible. Owner occupied properties only. Closing costs waived excluding appraisal, association fees, flood, and other required insurance. $50 annual fee applies. All loans and lines of credit are subject to credit approval. Some restrictions may apply. Not valid with any other offers. Rates, terms, and conditions are subject to change without notice. Membership required. NMLS ID 400279.
4Monthly payment is 1% of outstanding balance or $100, whichever is greater.
5Ten-minute pre-approval may be available for applicants who meet eligibility criteria. Final approval is not guaranteed and subject to verification and underwriting.