• Home Equity Loan & HELOC FAQ

    • How do I apply to refinance my home equity loan?

      Your home’s equity can help you finance large purchases, pay for repairs or remodels, and even send the kids to college. Kitsap Credit Union has made accessing your home’s equity simple and straightforward by offering either a fixed rate closed-end Home Equity Loan or a Home Equity Line of Credit to meet your needs.

      You can apply for almost any type of loan, 24 hours a day, and 7 days a week on our online application center.

      Apply now! 

      Here's what you will need to apply for a loan.

      • Social Security Number (SSN)
      • Your account number
      • Your e-mail address
      • Verification of Income 

      Not a member of Kitsap Credit Union? No problem, we can set up your membership with your loan upon approval.

      You can also apply over the phone. Loan representatives are standing by 24 hours a day, seven days a week (including all holidays) to take your loan application by phone. Simply call toll free at 1(800) 422-5852.

      Ready to get started?

      Visit our online application center and apply today!

       

    • Are there closing costs associated with a Home Equity Line?

      Yes; however, Home Equity Lines of Credit (HELOC) costs are typically covered by the credit union with the exception of the cost of the appraisal, if required.

       

      Interested in a HELOC? 

      You can access your established credit line any time to meet your needs and your payments are based only on the amount you owe.

      • 12 year term
      • You can draw funds for up to 10 years
      • You can access your HELOC by making a transfer online, via mobile banking, through a teller, or by phone

      Use our online services to view our current rates and apply now!