Home Equity Line of Credit
Understanding what a Home Equity Line of Credit (HELOC) is and how it works may be difficult to grasp, so having an experienced Lending Department to tell you about it and how the line works is important. Our loan specialists have years of mortgage experience and can answer most of your toughest mortgage questions. They make your experience in getting the line positive and painless. They take time to help you understand in layman’s terms what the process is, what you can use the line for, and when you’ll get your money.
So when it’s time for you to look into a HELOC, consider Hawaii Schools Federal Credit Union. We have superb service and we also have great rates.
To apply for a Hawaii Schools Federal Credit Union HELOC, call our Lending Department at (808) 521-0302, then select option 4 for an application packet to be mailed to you. Once you complete the application, fax it to (808) 538-3231, mail it to 233 Vineyard Street, Honolulu, HI 96813 or drop it off at our Downtown branch.
Fixed Rate Mortgage Loans
Owning your own home is the first step toward building a solid financial future. We know it is important for you to get the best financing possible when it comes to doing upgrades to your home or when you need the cash to pay for medical bills, college tuition, or even a wedding.
How will you be able to accomplish any of the above? With a Hawaii Schools Federal Credit Union, Home Equity Fixed Rate Loan. Much like a Home Equity Line of Credit, a Home Equity Fixed Rate Loan lets you borrow against the equity in your home. However, the important difference is that a Home Equity Fixed Rate Loan lets you borrow one lump sum upfront at a fixed interest rate and repayment is done over a specified term as compared to a revolving line (Home Equity Line of Credit).
To apply for a Hawaii Schools Federal Credit Union Home Equity Fixed Rate Loan, call our Lending Department at (808) 521-0302, then select option 4 for an application packet to be mailed to you. Once you complete the application, fax it to (808) 538-3231, mail it to 233 Vineyard Street, Honolulu, HI 96813 or drop it off at our Downtown branch.
If you are wondering whether you should do a Fixed Rate Loan or a Home Equity Line of Credit, apply for both and let our Lending Department help you figure out which is best for you.
We look forward to receiving your application soon and helping you with your financial needs!