Home Equity Line of Credit

 

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 or appraisal fees
• No annual fee for the first year
• No points or closing costs*
• Tax deductible interest
• Low, affordable interest-only payments
• Fast processing
• Credit limits from $10,000 to $500,000
• Use up to 100% of the equity in your home

Hawthorne Credit Union offers the best rates . 

Do you need help with college funding?  Use up to 100% of your home’s equity. And, your interest is tax deductible. Consult your tax advisor about tax deductibility. Click here for more information.

Calculate your payments.

Apply now!  Or 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 appraisal, title insurance, flood certification and recording fees.