Get cash from your home when you need it!

You can get a Home Equity Line of Credit (HELOC) at no cost (no appraisal needed) when you refinance your current mortgage with FreeStar Financial Credit Union.

*Existing FreeStar Financial mortgages do not apply.  Mortgage and Home Equity Line of Credit must be applied for at the same time. 

Whatever you need to get done ... you can do it with FreeStar Financial Credit Union's low-interest Home Equity Line of Credit (HELOC).

  • Debt Consolidation
  • Home Improvements
  • College Tuition
  • Wedding Expenses
  • Vacation
  • Rainy day fund
  • The sky's the limit!

Benefits of a FreeStar Financial HELOC include:

  • Borrow up to 95% of your home's value
  • No annual fee
  • No minimum draw required
  • No prepayment penalties

The HELOC rate is guaranteed for 5 years and adjusts every 5 years after that.

There is a 10-year draw period and monthly payments are calculated based on a 15- year repayment. You only pay on what you borrow. A HELOC is a great safety to carry you through life.

Please contact us at 586-466-7800 opt. 2 or click below to have us contact you at a convenient time.  

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Home Equity Line of Credit
Effective Date: March 1, 2019
Adjustable every 5 years 5.500%
*A loan of $25,000 at 5.50% APR for 180 months would have a monthly payment of $204.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386

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