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Hybrid Home Equity Line of Credit

Get the best of both worlds with our Hybrid Home Equity Line of Credit (HELOC). Enjoy the features of a Home Equity Line of Credit along with the peace of mind of a fixed-rate Home Equity Loan.

Hybrid Home Equity Rates

Get the flexibility to draw only what you need, when you need it.


The option to lock-in your balance with a fixed-rate product.

What are my benefits with a Hybrid HELOC?

We're glad you asked! With a CEFCU Hybrid HELOC, you get the best of both worlds.

  • Use the value in your home for those much needed home repairs, major purchases, or tuition — and so much more.
  • Lock in a fixed rate on a portion of your line to keep your payment just that.... fixed!
  • Easy access to your Home Equity funds with CEFCU On-Line® and Mobile Banking.

What is a Hybrid HELOC?

  • The Hybrid HELOC is a line of credit that works just like a regular HELOC — but cooler — because you have the option to lock in balances at fixed rates, terms, and payments.
  • The line of credit portion is a variable rate based on the Prime Rate footnote 1. It gives you the flexibility to draw only what you want, when you need it. footnote 2
  • Plus, you can lock balances from the line of credit portion into fixed rates, terms, and payments — giving you peace of mind knowing exactly what your payment will be.

Not to mention, you get the great benefits of a CEFCU Loan:

  • No pre-payment penalties
  • No closing costs footnote 3
  • Personal service
  • Plenty of payment options — online, in-person, or over the phone

Hybrid Home Equity Rates

Home Equity Example

Appraised Home Value    $100,000
Multiply by .80    0.80
Equity    $80,000
Balance due on first mortgage   -$60,000
Approximate amount Hybrid Home Equity Rates       $20,000

Apply for a Hybrid HELOC Now

What is the maximum I can borrow?

CEFCU can lend up to 90% of the value of your home (less any first mortgage balances) on a Hybrid HELOC. Each application is subject to underwriting and loan policies and may not be eligible for the maximum amount. The maximum Hybrid HELOC credit line available is $500,000.

What is my Hybrid HELOC interest rate?

The Hybrid HELOC rate is based on the Prime Rate as published in the Wall Street Journal. The best rate available is the Prime Rate plus a base margin. Your unique interest rate may differ, though, and is based on your credit score (FICO) and the amount you borrow in relation to your home’s value — referred to as Loan-to-Value (LTV) and/or Combined Loan-to-Value (CLTV).

How do I access my Hybrid HELOC?

There are several convenient ways you can access your Hybrid HELOC — CEFCU On-Line, by calling 1.800.633.7077, using Home Equity checks, or by visiting a CEFCU Member Center. Home Equity checks would have been ordered for you when your Loan closing was scheduled.

Don’t have Home Equity checks or want to request more? Contact our Home Equity Department at 1.800.633.7077, ext. 33472 or .

NOTE: In order to protect your information, please do not include any CEFCU account information or personal information via email.

How much Equity?

This sounds great, how do I apply for a Hybrid HELOC?

Click here to apply for your Hybrid HELOC!

What will you need from me for the application?

Check out our Hybrid HELOC Application Checklist!

Features & Benefits

Debt Protection with Life Plus

Cancel or reduce an existing loan balance or payments. Extend your Debt Protection to address a wide range of circumstances, such as disability and involuntary unemployment.


Figure payments and more.

1. The annual percentage rate may vary quarterly and is based on the Prime Rate published in the Wall Street Journal available to us 15 days before end of quarter.  Your final qualifying rate will be determined by credit profile and amount borrowed in relation to home's value.

2. Draw against your Hybrid HELOC for 10 years and have up to 15 years to repay.

3. CEFCU’s closing cost assistance offer is available for a limited time for qualified CEFCU members in good standing who are opening a Hybrid Home Equity of $10,000 or more using their owner-occupied home as collateral. To qualify, the home being used as collateral may not be for sale; Bridge Loans and Lot Loans are not eligible for closing cost assistance. Property insurance is required and not included in closing costs. Closing cost assistance excludes Transfer Taxes or Mortgage/Intangible Taxes (applicable in certain states but not applicable to Illinois or California properties). Contact CEFCU for details, including more specific information about third-party fees.

Hybrid Home Equity Line of Credit (HELOC) is available in every state except Texas. No Home Equity products are available in Texas.

Home Equity lending not available on mobile homes.  A Hybrid HELOC using a manufactured home as collateral is subject to CEFCU’s manufactured home property eligibility requirements.  Contact CEFCU for details.