A CU Community Home Equity Line of Credit (HELOC) is an open-ended, revolving line of credit that allows future advances up to the approved credit limit. It's the ideal way to use the equity you've built up in your home for a variety of purposes such as home improvements, college expenses, a wedding or big-ticket purchases.

Here are some of the features of CU Community's HELOC:

• Low interest variable rate that's tied to the prime-lending rate.
• No closing costs*
• Repayment based on the amount financed with terms up to 15 years.
• Financing available for up to 100% of the equity in your home.

You can apply for a HELOC in person at any CU Community location, or apply by phone. You can also download the application, complete it, and return it to us when you visit or by faxing it to our Loan Department.

*Subject to approval. Variable rates are tied to Prime Rate and can change quarterly. The credit union agrees to wave your closing costs if your approved HELOC is greater or equal to $10,000. You'll also agree that if you close the account or have a zero balance at any time within 1 year of opening your HELOC, you will reimburse the credit union for the waived closing costs.