Enable Javascript in your browser for a better experience.
Site Map

Save Big with Our HELOC Offer Save Big with Our HELOC Offer

Apply Now

Open a home equity line of credit, enjoy reduced rates!

Need easy access to money for home improvements, debt consolidation or emergency expenses?

A home equity line of credit (HELOC) gives you the freedom to tap into your home’s value to cover large projects or unexpected costs.

Typical Uses

Pay for home improvements
Cover emergency expenses
Consolidate debt
Cover educational costs
Buy a vehicle

Advantages

Low or no closing costs*
No annual fees¹
Only pay interest on what you use when withdrawing funds
Convenient access to funds, easy online money transfers

Great Rates

We have some of the lowest rates in the market!

Plus, you also can lock in a low rate by converting your HELOC to a fixed-rate loan.²

Have Questions or Need Help?

Ask an Expert Schedule an Appointment

What is home equity?

Home equity is how much of your home you actually own. In other words, it’s the value of your home, minus what you still owe.

How does a HELOC work?

With a HELOC from UWCU, you can borrow up to 100% of your home’s equity as a line of credit. It’s super convenient, and it works similarly to a credit card. Borrow what you need, when you need it, until you reach your credit limit.

Happy couple viewing a HELOC special offer at UW Credit Union.

Intro - 12 Months Variable Rate Line of Credit¹

Rates as Low as

1.49

%

APR *

Standard
Variable Rate Line of Credit¹

Rates as Low as

3.99

%

APR *

Tips & Tools

Take More Steps Toward Financial Freedom!

We’ll help you find even more ways to save and improve your financial well-being with these options.

Products

Services

Enjoy the Benefits of Membership

When you open an account, you become a member of UW Credit Union. Your membership gives you access to better rates and fewer fees than you'll find elsewhere, plus a range of valuable discounts and services like free financial seminars and budget help.

Routing Number 275979076

About UWCU | Privacy Policy

Download on the App Store

Get It On Google Play

*APR is annual percentage rate. Rates are subject to change. The minimum loan amount is $5,000. The one-time charge of $149 that applies to newly booked HELOCs due at closing is waived, except appraisal costs or title insurance, if required. Member is responsible for appraisal costs ranging from $400 to $600, if required. Property insurance is required. Rates are for fixed home equity loan segments and new combined home equity line requests. Rates shown are for homeowners with 70% loan-to-value.

Refinancing of existing UW Credit Union HELOCs does not qualify for the closing costs offer. Existing HELOC limits must be increased by $5,000 or greater to receive the intro rate promotion. Appraisal costs or title insurance may apply.

¹The introductory rate of 1.49% APR is valid for new UW Credit Union home equity line of credit requests for homeowners with up to 80% combined loan-to-value (CLTV). Intro rate is 2.99% for up to 90% CLTV and 5.99% for up to 100% CLTV. APR will be fixed at the introductory rate during the 12-month introductory period. No annual fees. Offer is subject to normal credit qualifications. Rates are subject to change but cannot exceed 18%. Some restrictions may apply. After the twelve-month introductory period, the rate is indexed to The Wall Street Journal Prime. APR is subject to change monthly but cannot exceed 18%, and the APR will never fall below 3.99% for HELOC 70%, 4.49% for HELOC 80%, 4.99% for HELOC 90% or 7.99% for HELOC 100%. During the introductory and 5-year draw periods, the minimum monthly payment for HELOC 70%, HELOC 80% and HELOC 90% will be (a) $50 or (b) the accrued interest on the outstanding balance under the agreement as of the close of the billing cycle, whichever is greater. The minimum monthly payment for HELOC 100% will be (a) $100 or (b) 1.5% of the outstanding balance, whichever is greater. However, if you exceed the maximum principal loan balance allowed under your agreement, you will also be required to pay an amount sufficient to reduce your principal loan balance to the maximum principal loan balance allowed under the agreement. Balances of less than $100.00 must be paid in full. Late payment fee: $10 or 5% of your monthly payment, whichever is less.

²Fixed Segment rates available on new and most existing HELOCs, see the Fixed Rate Conversion Option section of your HELOC addendum for feature eligibility. You may exercise up to a total of 5 options during the draw period of your loan. Each option must be exercised for an advance/balance of at least $5,000. The first option fee is waived. A $25 fee applies for each time you exercise the option thereafter.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play Logo are trademarks of Google Inc.

Copyright © 2021 UW Credit Union. All rights reserved.