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Home Equity Lines of Credit
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Last Updated: 04/18/2025

kstate Credit Union Home Equity Line of Credit

in Home Equity Lines of Credit from kstate CREDIT UNION

Last Updated: 04/18/2025

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Highlights

Credit Score Range

N/A


Amount Range

N/A


Maximum LTV

80%

Minimum Draw

N/A


Loan Term (Years)

Up to 15

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kstate Credit Union Home Equity Line of Credit Review

kstate Credit Union Home Equity Line of Credit is offered by kstate CREDIT UNION (NMLS #449203), a credit union founded in 1946 and based in Manhattan, KS. kstate Credit Union Home Equity Line of Credit are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • No primary residences considered. kstate Credit Union Home Equity Line of Credit does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • Maximum LTV. kstate Credit Union Home Equity Line of Credit has a maximum loan to value ratio of 80%.

kstate Credit Union Home Equity Line of Credit Pros & Cons

kstate Credit Union Home Equity Line of Credit FAQ

How much can you borrow with a HELOC?

HELOCs are lines of credit secured by your home. Once approved, you can access funds by check, phone, credit card, or online up to your credit limit.
Borrowers can apply for lines of credit of up to $500,000. The maximum amount depends on property value, existing mortgage balance, and creditworthiness.
The maximum loan-to-value (LTV) ratio goes up to 80%. This means total debt secured by the property cannot exceed this percentage of its value. For example, on a $100,000 home with a $20,000 mortgage balance, you may qualify for up to $60k in credit.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does kstate Credit Union Home Equity Line of Credit charge for a HELOC?

kstate Credit Union Home Equity Line of Credit may charge an origination fee.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

601 McCall Rd
Manhattan, KS 66502
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:30PM
Tuesday
9:00AM - 5:30PM
Wednesday
10:00AM - 5:30PM
Thursday
9:00AM - 5:30PM
Friday
9:00AM - 5:30PM
Saturday
9:00AM - 12:00PM

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