Tap into your home’s equity to get the financing you need.
Whether it’s a home improvement or a passion project, get started now.
Put the equity you have in your home to good use. Apply for a home equity loan or line of credit.
If you’re interested in certificates, we’ve got competitive rates.
9-month certificates
9-month certificate
2.35%
Jumbo 9-month certificate*
2.45%
*Jumbo - a minimum of $100k opening balance
9-month certificate + new checking account
9-month certificate
2.60%
Open with a checking account to earn even more money
Jumbo 9-month certificate*
2.70%
*Jumbo - a minimum of $100k opening balance
Benefits of opening Kinecta checking account:
- Earn additional dividends with Checking Plus
- Get your paycheck early with early payday
- Opening a checking account fast
Start earning by opening a 9-month certificate today.
Advantages of home equity loans and lines of credit
Two ways to leverage the equity in your home
Tax benefits
Interest paid on a home equity loan or HELOC may be tax-deductible if spent on home renovations3.
Lower interest rates
Because they are secured, home equity loans generally have lower interest rates than credit cards or personal loans.
Borrow what you need
Get enough to help with debt consolidation, education costs, home renovations or unforeseen expenses.
Member Contact Center: 800.854.9846
Home equity loans1 are good for:
- Securing one lump sum of money with a fixed rate
- Major home renovations
- Consolidating high-interest debt to a lower rate
Find the option that best suits your needs. Kinecta offers zero fees and no appraisal costs for loans and lines up to $250,000.
Home equity lines of credit2 (HELOC) are good for:
Advantages of working with Kinecta
Convenient banking options
We offer online and mobile banking and ensure your data is secure.
HELOC flexibility
Loan amount is available for 10 years, but you have up to 20 years to pay it back.
No fees
Borrow up to $250,000 at up to 80% CLTV with no fees. We lend up to $500,000 and have programs with CLTV up to 85%.
Bank | Borrow | Insure | Invest
Kinecta mortgage loans are offered under Nationwide Multistate Licensing System (NMLS) #407870
Membership requirements apply. Refer to the Agreement & Disclosure booklet for terms and conditions applicable to specific accounts.
1Home equity loans. Subject to credit approval. Rates, loan amounts, and terms are based on standard underwriting factors including Combined Loan-to-Value (CLTV) and are subject to change. CLTV up to 85%. The minimum loan amount is $20,000 and maximum loan amount is $500,000. Proof of homeowner’s property insurance is required, flood insurance may be required.
2Home equity lines of credit (HELOC). Subject to credit approval. Rates, loan amounts, and terms are based on standard underwriting factors and are subject to change. Variable APR based on the Wall Street Journal Prime Rate (the “Index”) plus a margin. The minimum rate as of 1/25/23 is 7.875% and the maximum APR that can apply is 18.00%. CLTV up to 85%. The minimum credit limit and loan amount is $20,000 and maximum is $500,000 with a 10-year draw period followed by a 20-year repayment period. Proof of homeowner’s property insurance is required, flood insurance may be required.
3Tax deductibility. Consult a professional tax advisor regarding deductibility of interest and charges.
Member Contact Center: 800.854.9846
Routing # 322278073
©2023 Kinecta Federal Credit Union | All Rights Reserved | Federally Insured by NCUA
Most common uses for home equity loans and lines
Debt consolidation
Consolidating debt with higher interest rates into one simple, manageable payment may help you pay off your debt faster.
Educational expenses
Rainy day fund
A home equity line can provide a blanket of security in the event of unforeseen circumstances, such as medical issues or home repair expenses, without impacting your existing savings account balance.
