Home Equity Line of Credit (HELOC)

Home Equity Loans in Omaha are a great way to put the equity in your home to work for you. You can use the money for a variety of things. Use this low-interest loan to : 

  • Make Home Improvements
  • Pay for Education Expenses
  • Cover Wedding Costs
  • Consolidate Debt
  • Be Prepared for Emergencies and Future Expenses

Give us a call at 402-551-3052 and be thrilled at just how low your payment can be. Our Personal Bankers can find the home equity loan that's right for you and give you quotes on current interest rates and closing costs.
  

Financial Calculators

 
Home Equity Line of Credit      

Line of Credit Payoff


Which product is right for you?

Traditional
HELOC

60 Month Fixed Rate HELOC

120 Month Fixed Rate
HELOC

Flex 90
HELOC*

Flex 100
HELOC*

Flex 110
HELOC*

Maximum Loan-to-Value

(1st MTG & HELOC)

100%
110%
110%
90%
100%
110%

Minimum Required Limit

$5,000 $10,000 $20,000 $10,000 $20,000 $20,000

Term

15 years 7 years 12 years 15 years 15 years 15 years

Draw Period

10 year 2 years 2 years 10 years 10 years 10 years

Interest Rate

Variable Fixed Rate Fixed Rate Variable & Fixed Variable & Fixed  Variable & Fixed

Payment

1.4% of Balance
($50 minimum)
Based on 60 month repayment Based on 120 month repayment Up to three parts:
1) Variable Rate Portion
(1.4% of balance) 
2) Lock 1
(Fixed Rate)
3) Lock 2
(Fixed Rate)
Up to three parts:
1) Variable Rate Portion
(1.4% of balance) 
2) Lock 1
(Fixed Rate)
3) Lock 2
(Fixed Rate)
Up to three parts:
1) Variable Rate Portion
(1.4% of balance) 
2) Lock 1
(Fixed Rate) 
3) Lock 2
(Fixed Rate) 

Locks

(60,120 or 180 months)

N/A N/A N/A Lock up to four times at a fixed rate and term Lock up to four times at a fixed rate and term Lock up to four times at a fixed rate and term
 

*Flex HELOCs are limited to owner occupied single family residences. Minimum credit line is $10,000.

A $100 processing fee and appraisal fees up to $500 may apply. HELOCs are subject to credit approval. Other restrictions may apply. Membership in Metro Credit Union is required.




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