If your home is more than a few years old, there's a good chance it has appreciated in value. When your house is worth more than the principal outstanding on your loan, the difference is called home equity. And this home equity is a great source of low-interest funds.

Home Equity Line of Credit

At Ohio HealthCare FCU, we offer a Home Equity Line of Credit (HELOC) which helps you tap this hidden source. Unlike a fixed-principal home-equity loan or second mortgage, a HELOC allows you to borrow and pay interest on only what you need at any given time.

The uses for an Ohio HealthCare FCU HELOC are as varied as the people who use them.

• Home improvements
• Debt consolidation
• College funding
• Weddings
• Vacation
• Appliances or furniture
• Other big purchases

A HELOC allows you to borrow against your home's accumulated equity without disturbing your other savings or investments.

Advantages of an Ohio HealthCare FCU HELOC include:

• No closing costs*
• Low variable interest rate
• No loan-advance fees, annual fees or points.
• Credit limits up to 90%** of the equity in your home from $5,000 to $125,000
• Borrow and pay interest on only what you need at any given time
• Potential interest tax deduction (please consult with your tax advisor for your situation)

All terms subject to change without prior notice.

Apply Today

It's easy and convenient to apply for your Ohio HealthCare FCU loan. Apply online through your online banking account or contact our Lending Department at Lending@webcuohio.com or 614-737-6030, option 4.

MEMBERS ® Auto and Homeowners Program

You trust Ohio HealthCare Federal Credit Union to provide you and your family with quality products and services to meet your financial needs. We've joined with a dedicated team of insurance professionals to bring you the MEMBERS ® Auto & Homeowners Insurance Program.

• The MEMBERS Auto & Homeowners Insurance Program is the property and casualty coverage solution preferred by credit unions and their members.
• Access convenient e-service, pay your bill or make changes to your policy, even report a claim.
• Receive fast, easy access to claims service 24 hours a day.
• Obtain a free, no-obligation quote.

Click here to start saving!

The MEMBERS Auto & Homeowners Insurance Program is made available by CUNA Mutual Insurance Agency, Inc. and underwritten by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.