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Home Equity Lines of Credit (HELOC)

CorePlus HELOC: Your Key to Financial Flexibility

At CorePlus Credit Union, we believe in providing you with immediate access to your home’s equity when you need it the most. Our HELOC programs offer an extended draw period, allowing you to access your line for up to 10 years after the account is opened.

Choose CorePlus for Your Home Equity Needs

Unlock Financial Freedom with CorePlus Credit Union’s Home Equity Lines of Credit (HELOC)

CorePlus Credit Union is your trusted financial partner in Eastern Connecticut. Your home is a valuable asset, and our Home Equity Lines of Credit (HELOC) are designed to help you leverage its equity for major purchases or expenses. With immediate access to cash and flexible repayment options, our HELOC programs are tailored to meet your unique needs.

Explore Our HELOC Programs

P&I Home Equity Lines of Credit

  • No application fees
  • No closing costs
  • Variable Rates as Low as Prime – 0.50%:
    • Benefit from competitive variable rates, providing you with cost-effective borrowing options.
  • LTV’s up to 90% (680 or Higher Credit Score Required)
    • Unlock up to 90% of your home’s value with a qualifying credit score of 680 or higher.
  • Loan Amounts up to $250,000.00
    • Access substantial funds to address your financial needs, with loan amounts up to $250,000.
  • 15-Year Repayment Calculation during Draw Period and Repayment Period
    • Enjoy a 15-year repayment calculation during the draw period, providing clarity and flexibility in your repayment journey.
    • 10-year draw period 15-year repayment period after the draw period ends.

Interest Only Home Equity Lines of Credit

P&I Home Equity Lines of Credit

  • No application fees
  • No closing costs
  • Variable Rates as Low as Prime
    • Experience the benefits of low variable rates, providing you with a cost-effective solution.
  • LTV’s up to 80%
    • Access up to 80% of your home’s value, giving you substantial borrowing capacity.
  • Loan Amounts up to $150,000.00
    • Address your financial goals with loan amounts of up to $150,000.
  • Interest Only Payment during the Draw Period
    • Opt for interest-only payments during the draw period, providing you with flexibility in managing your finances.
    • 10-year draw period 15-year repayment period after the draw period ends.
December 24th, 2024

Current Rates

Checking As high as 0.25 % APY

Savings As high as 4.25 % APY

Home Equity Loans As low as 5.25 % APY

Personal Loans As low as 6.99 % APY

Share Certificates As high as 5.00 % APY

Personal Loans As low as 6.99 % APY

Ready to Experience HELOC Freedom?

Apply for CorePlus HELOC Today

Unlock the financial potential within your home with CorePlus Credit Union’s HELOC programs. Apply now and enjoy the flexibility, accessibility, and competitive rates that come with being a member of our trusted credit union.

At CorePlus Credit Union, we’re not just about lines of credit; we’re about unlocking your financial freedom. Apply for HELOC and experience the benefits of immediate accessibility and extended draw periods with your trusted financial partner!