Home Equity Loans

Click here for the Home Equity Line of Credit Application

Home Equity Loan

Fixed Rate with a Fixed Term up to 10 Years.

KUE Federal Credit Union will finance up to 80% of appraised value, as determined by a certified appraiser retained by KUE, or the most current property tax assessment, or the Freddie Mac Home Value.

Rates offered are subject to change without notice. This credit union and its policies comply with Equal Credit Opportunity Act. All credit offers and rates are subject to approval. Rates are based on credit eligibility and are subject to change. Your rate may be higher based on your credit history.

- Lower your interest rate by taking advantage of the Rate Reduction Incentive. (Call for more details).

Fee & Charges Notice
Fee Reimbursement: If KUE Federal Credit Union paid third party fees listed the “Schedule of Closing Costs” on your behalf and you payoff the plan within 12 months from its opening, you will be required to reimburse the Credit Union for the amount of those fees paid on your behalf.

For current loan rates, Home Equity Loan application, or more information, please call our Mortgage Loan Officer, Mackenzie Huff at (859) 367-5846 or (800) 246-9112.

Home Equity Open-End Line of Credit

- Credit lines range from $10,000 to $100,000.
- Credit lines are determined by taking up to 80% of the assessed/appraised value less the current first mortgage.
- The initial minimum advance is $10,000. Future advances made with your home equity checks are a minimum of $1,000.00.

Fee & Charges Notice
Fee Reimbursement: If KUE Federal Credit Union paid third party fees listed the “Schedule of Closing Costs” on your behalf and you payoff the plan within 12 months from its opening, you will be required to reimburse the Credit Union for the amount of those fees paid on your behalf.

Contact KUE for the current interest rate and payment quotes. Rates offered are subject to change without notice. This credit union and its policies comply with Equal Credit Opportunity Act. All credit offers and rates are subject to approval. Rates are based on credit eligibility and are subject to change. Your rate may be higher based on your credit history.

This plan has a variable rate. The annual percentage rate is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published the highest rate will be used. We will use the most recent index value available to us as of 10 days before the date of any percentage rate adjustment. The annual percentage rate can change quarterly on the first day of January, April, July and October. The minimum annual percentage rate is 4.00% and the maximum is 18.00%.

KUE will take a security interest in your home. You could lose your home if you do not meet the obligations in your agreement with us.

For current loan rates, Home Equity Open-End Line of Credit application, or more information, please call our Mortgage Loan Officer, Mackenzie Huff at (859) 367-5846 or (800) 246-9112.