Access a revolving credit line secured by your home's equity
Home Equity
Big projects. Major purchases.
Special milestones for your family. Home Equity funds can pay for just about anything that makes life a little better.
Borrow funds for almost any purpose
Make interest-only monthly payments
Your HELOC can help make good things happen
Nice job. You've made progress in paying down your mortgage. You've kept your home in great shape. As a result, you may already qualify for a Home Equity Line of Credit (HELOC) from Maui County FCU: a revolving credit line secured by your home's equity, letting you borrow what you need, when you need it, up to your approved limit.
Use your HELOC to expand your living space, buy a boat, send your kid to college, take a once-in-a-lifetime vacation – or maybe all of the above.
Maui County FCU's HELOC is a revolving credit line, so you can borrow, repay, and borrow again during your draw period, unlike a one-time installment loan.
Interest rates are fixed for the first 3 years, so there are no sudden payment jumps to affect your monthly budget.
Borrow for almost any purpose, with a credit limit of $20,000 to $500,000, up to 80% of your home's value, less any existing mortgage balances.
Interest-only payments are available during the 10-year draw period, keeping your monthly payment lower while you're actively borrowing.
Access funds through digital banking, or at any Maui County FCU branch in Maui County, HI.
Tap into your home’s equity with lending options from the Maui County Federal Credit Union, designed to support your financial goals, needs, and terms.
HELOC FAQs
Credit limits range from $20,000 to $500,000, up to 80% of your home's value, less any existing mortgage balances. There's a minimum $100 monthly payment once repayment begins, and a $500 minimum per draw.
Your APR is fixed for the first 3 years, then adjusts twice a year based on the six-month Treasury Bill rate.
Maui County FCU membership.
Credit and underwriting approval.
Sufficient home equity, since the combined loan-to-value can't exceed 80% of your home's value, less any existing mortgage balances.
Property location in Hawaii
A HELOC (Home Equity Line of Credit) lets you borrow money using your home's equity as collateral. Think of it like a credit card, but backed by your house — you can borrow, repay, and borrow again, up to a set limit.
How much can I borrow?
It depends on your home's value and how much you still owe on your mortgage. Most lenders let you borrow up to 80–85% of your home's value, minus your remaining mortgage balance.
How does repayment work?
A HELOC has two stages:
Draw period (usually 5–10 years): Borrow what you need, when you need it. Often you only pay interest during this time.
Repayment period (usually 10–20 years): You stop borrowing and start paying back both principal and interest — so payments typically go up.
Are the interest rates fixed?
Usually not. Most HELOCs have variable rates, meaning your payment can go up or down over time. Some lenders offer a fixed-rate option.
What can I use a HELOC for?
Common uses include home renovations, debt consolidation, large unexpected expenses, or having funds available for emergencies.
Resources for Managing Your Money
Helpful resources, financial education, calculators, and guidance to help you save smarter and handling your finances with confidence.
Determine your monthly mortgage payment.
Learn how to keep your accounts and information secure.
Bank smarter with convenient digital tools and features.
View current rates for loan products.
Determine your monthly mortgage payment.
Learn how to keep your accounts and information secure.
Bank smarter with convenient digital tools and features.
View current rates for loan products.
-
Low interest rates
-
Flexible repayment options
Mortgages
Open the door to homeownership
Find a home loan that fits your goals, budget and future plans at Maui County FCU.
Access your home equity today