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Pearl Hawaii Credit Union
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Pearl Hawaii Credit Union
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Home Equity Lines of Credit

Give yourself a little credit

or a lot of credit with this flexible source of cash

PHFCUTealPaint
  • Save time and money

    With a Home Equity Line of Credit (HELOC), you can use your home's value to get a much lower rate. Plus, it helps you save time on loan applications in the future. It's perfect if you've got an upcoming project, but don't know exactly how much you'll want to borrow. You'll have a continuous source of cash whenever you need it.  

    Any Questions?

    Call our Mortgage Loan Officer at 808.218.6248 or email loansdepartment@phfcu.com.
    • Credit lines up to $300,000
    • Start with an initial advance of $1,000
    • Great for home renovations
  • Rates & Calculator

    Home Equity Lines of Credit

    Type APR* AS LOW AS Based on an A-Tier rate of $10,000
    80% Annual Adjustable 4.00% Annual Adjustable Rate applicable 4/1/2022 through 3/31/2023. Thereafter, the interest rate will adjust in accordance with the terms of the Credit Agreement. Max Loan Amount up to $300,000. Max Loan to Value up to 80% . 121 payments of $100.00 and 1 estimated final payment of $85.11. apply
    90% Annual Adjustable 4.00% Annual Adjustable Rate applicable 4/1/2022 through 3/31/2023. Thereafter, the interest rate will adjust in accordance with the terms of the Credit Agreement. Max Loan Amount up to $150,000. Max Loan to Value up to 90%. 121 payments of $100.00 and 1 estimated final payment of $85.11. apply

    *Annual Percentage Rate (APR). The loan rates advertised are “A” Tier loan rates in our Multi-Tiered Loan Rate Program. Other rates and terms are available. Other terms, conditions, and restrictions may apply. Visit any of our branches for more information. It may not be used for a business loan. The borrower must be 18 years of age or older. Promotion is subject to change or cancellation without prior notice. Only improved owner-occupant properties on Oahu accepted as collateral. You must maintain fire, hurricane, and flood (if in flood hazard zone) insurance on the property that secures your Home Equity Line of Credit Agreement. PHFCU must be listed as a loss payee on the Home Insurance policies. There are no points, pre-payment penalties, or annual fees. Closing Cost Fees that may be incurred: application fee, title insurance fee, document preparation fee, SRA\appraisal fee, appraisal review fee, trust review fee, recording fees, flood verification fee. Closing cost fees incurred will be dependent on the amount borrowed and will vary based on the member’s situation. Payment example does not include possible fees, insurance, or closing costs that may occur and will range dependent on your situation. Maximum loan amount: $300,000. The borrower must be 18 years of age or older. NMLS 472169. HELOC EARLY DISCLOSURE.

    Home Equity Lines of Credit (HELOC) Fixed Intro Rates

    TermAPR* AS LOW AS Max Loan Amount up to $300,000. Max Loan to Value up to 80%.
    2 Year2.50% Minimum Monthly Payment of $100.00. apply
    3 Year2.75% Minimum Monthly Payment of $100.00.apply
    5 Year3.25%Minimum Monthly Payment of $100.00.apply

    *LTV - Loan to Value. The Introductory Annual Percentage Rate (APR) of 2.50% will be effective for the first 24 months, 2.75% for the first 36 months, or 3.25% for the first 60 months of the Introductory Period. After the Introductory Period, the rate will adjust to the standard annual-adjustable interest rate in accordance with your Home Equity Credit Agreement. The current non-introductory fully indexed variable APR is 4.00% for 80% LTV; rate applicable 4/1/2022 through 3/31/2023. The Current Variable Index Rate shown is current as of 4/1/2022 and will not exceed 18% APR. Total HELOC loan amount received, rate, and terms are subject to credit approval. Offer is valid for qualifying applications to new Home Equity Lines of Credit. Only improved owner-occupant properties on Oahu accepted as collateral. Minimum credit line is $5,000 and the maximum credit lines for an 80% LTV Fee-Simple Owner-Occupied Property, the lesser of $300,000 or 80% LTV minus the balance of your existing mortgage. Refinancing of existing Pearl Hawaii Federal Credit Union Home Equity Lines of Credit is not allowed. Membership required. Borrower must maintain fire, hurricane, and flood (if in flood hazard zone) insurance on the property and Pearl Hawaii Federal Credit Union must be a loss payee on your Home Insurance policy. There are no points, pre-payment penalties, or annual fees. Closing Cost Fees that may be incurred: title insurance fee, document preparation fee, SRA\appraisal fee, appraisal review fee, trust review fee, recording fees, application fee, or flood verification fee. Closing cost fees incurred will be dependent on the amount borrowed and will vary based on the member’s situation and are estimated between $200 to $5000. For the introductory rate, the initial advance must be $5,000 or more. For the Current Variable Annual Rate, the initial advance must be $1000 or more. Other conditions and restrictions may apply. Any existing junior liens from financial institutions other than PHFCU must be paid off and may be paid by an initial draw from the new Home Equity Line of Credit account. Visit any of our branches for more information. May not be used for a business loan. The borrower must be 18 years of age or older. Promotion is subject to change or cancellation without prior notice. Minimum payment for 24, 36, and 60 month term fixed intro rates and for the current variable annual rate is $100.00, NMLS# 472169. Federally insured by NCUA. HELOC EARLY DISCLOSURE.

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