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(808) 244 7968
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Rates

HELOC

Rates as low as 3.00% APR*

A home equity line of credit is secured by a first or second mortgage lien on your home, which must be one-to-four family fee simple residential real estate. This type of credit not available for modular homes, manufactured homes, or cooperatives. The HELOC has a 10-year draw period with a 20-year amortized repayment (principal and interest) period. Minimum monthly payment is $100. You must carry fire, hurricane & flood (if applicable) insurance on the property that is secured as collateral at the homeowners’ expense. Minimum line of credit amount is $20,000, and the minimum for each disbursement is $500. The maximum line of credit amount for primary residences without an existing mortgage is the lesser of $500,000 or 80% LTV. The maximum loan amount for primary residences with an existing mortgage is 80% LTV minus the balance of the existing mortgage up to $250,000. The credit union waives closing costs, estimated between $500 to $1,200 if member conducts a $5,000 disbursement within the first 6 months of account opening and does not close the credit line within 12 months of opening.

For more information, please contact a Maui County FCU loan representative at any branch, call (808) 244-7968 or email mortage@mauicountyfcu.org.

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* The Current Variable Index Rate is based on the Six Month Treasury bill Rate plus a margin and mid-FICO’s of at least 680. Your margin will depend on creditworthiness. The Current Variable Index Rate shown is current as of 3/1/2021 and will not exceed 18% APR. The minimum Current Variable Index Rate is 3.00% for 80% LTV Fee-Simple Owner-Occupied Property located in Hawaii.