Home Equity Loans
Home Equity Line of Credit
An OHecu Home Equity Line of Credit allows you easy access to the equity in your home as a source of funds whenever the need arises with no annual fee and no minimum advance (draw) amount. With an OHecu Home Equity Line of Credit, there are no up-front costs to apply, no points to pay and no closing costs when you maintain the Home Equity Line of Credit for at least 3 years.*
- Loans up to 90% of the value of the home - less any first mortgage **
- Interest paid on your OHecu Home Equity Line of Credit may be tax deductible – contact a tax advisor for verification
- No application fee, no points, no closing costs*
- No Minimum Initial Advance
- Free Home Equity Checks
- Easy Access to Home Equity Line of Credit Funds
- Payments Made Easy: Automatic Loan Payments
You can also apply by stopping into an OHecu office or calling our 24/7 Member Services Center at 877-322-6328.
Home Equity Loan Refinancing
If you already have a Home Equity Line of Credit financed at another bank or credit union, refinance with OHecu to save on your monthly payments. View our current rates here.
You can also apply by stopping into any OHecu office or by calling our 24/7 Member Services Center at 877-322-6328.
*Loan fees and closing costs, which generally total between $150 and $400, are waived. If OHecu pays these fees on your behalf and you close your Home Equity Line of Credit within the first three years of opening, you agree to reimburse OHecu these fees.
**Subject to underwriting guidelines.