Home Equity Lines of Credit (HELOC)
Enjoy flexible home equity options at competitive loan rates with HELOCs by leveraging your home assets in Kansas City, Kansas or Missouri. HELOC is a certain amount of money available for you to borrow as needed.
* Equity Loans are the only kind of tax-deductible interest expense available to most consumers (check with a tax professional regarding your eligibility).
Tap into the value of your home
Home Equity Line of Credit (HELOC)
What is a Home Equity Loan?
Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit (HELOC) is an open-ended mortgage ideal for recurring expenses such as educational costs. Borrow up to 90% of the appraised value of your home, less the balance of your first mortgage loan. You may access the credit line for a period of five years, and only make payments on the amount you use.
With a Fixed Interest Rate Home Equity Line of Credit, we strive to ensure that you'll receive:
• No prepayment penalty
• Competitive interest rates
• Low closing cost
• Up to 90% loan to value available, depending on credit
Want to learn more about the mortgage lending services at Mainstreet Credit Union? Give us a call or visit us in person at one of our branches located in Kansas City, Missouri or in the following Kansas cities: Bonner Springs, Kansas City, Kansas Lawrence, Leavenworth, Lenexa, Mission, Olathe, Shawnee Mission.