Hawthorne’s Home Equity Line of Credit is great for on-going expenses, like home improvements, college tuition, medical bills, starting a home-based business. A home equity credit line allows you to draw on the credit as needed, up to a limit. The rate is variable rate tied to the prime rate. As you pay off your loan the credit line becomes available again, up to your limit. You can tap a home equity line of credit again and again just by writing a check, without having to reapply for a loan. each time.
Apply for a Home Equity Line Today
Hawthorne’s Home Equity Line of Credit offers you:
- No application fees
- No annual fee for the first year
- No points*
- Tax deductible interest
- Low, affordable interest-only payments
- Fast processing
- Credit limits from $10,000 to $500,000
- Use up to 95% of the equity in your home
Hawthorne Credit Union offers the best rates. Do you need help with college funding? Use up to 95% of your home’s equity. And, your interest is tax deductible. Consult your tax advisor about tax deductibility.
Contact our Member Services during business hours at 630-369-4070 for more information.
*Offer good on new HELOC only; subject to change at any time. Closing costs paid by HCU are limited to, title insurance and flood certification.
