Hybrid Home Equity

The Hybrid Home Equity Difference

We are the only financial institution in Kansas City that combines the flexibility of a home equity line of credit (HELOC) with the control of a home equity loan. Meet the Hybrid Home Equity (a.k.a. the best of both worlds). Here’s how it works: You get a master line of credit with a variable rate. You can draw on your master line anytime, at which point you can lock in a fixed rate on any portion of the balance for a set, easy-to-manage monthly payment.

Home Equity Rate – Special Offer

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Intro Rate

Rate as low as 6.49% APR¹

the first year

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Thereafter Rate

Rate as low as 7.99% APR¹

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The Benefits

Flexibility

You have the ability to borrow up to 100% of the value of your home.

Peace of Mind

We offer competitive rates. Plus, there’s no annual fee.

Convenience

Transfer funds anytime, anywhere via Online Banking or our Mobile App.

Control

Payment terms up to 180 months on the fixed portion of your balance.

Applying for a Hybrid Home Equity is Easy

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Home Equity Resources

Home Equity Calculator

Do the math to get an estimate of how much your home equity line of credit could be.

Calculate Now

Debt Consolidator Calculator

See how quickly you could get out of debt and how much interest you might save.

Calculate Now

Schedule an Appointment

Set up some time with an advisor in one of our locations to discuss your specific situation.

Meet in Person

Common Uses for Your Home Equity

Home Improvements

Transform your home using the equity you’ve already earned to cover renovations.

Debt Consolidation

Bring your debt under one roof — for one low payment at a reasonable rate2.

Take a Trip

Plan and enjoy a vacation to your dream destination with the help of your home’s equity.

Everything Else

Adoptions, weddings, emergency funds — that’s why we call it the “anything” line of credit.

From the Blog

May 2023

Unlocking Your Home's Equity: What's the Right Fit for You?

June 2023

Building or Buying: How to Decide Which is Best for You

family of 4 shaking hands with real estate agent in front of house

April 2023

What's in a Mortgage?

See All Blogs

Profit Payout*

Investing in YOU by sharing our profits.

As a not-for-profit credit union, we return our profit to those who bank with us in many ways – like better rates, lower fees, and our Profit Payout. See how much you may be able to earn through our long-standing annual give-back, where we’ve returned $93 million to members over the past 12 years.

Estimate Your Payout

Hybrid Home Equity FAQs

When you take the current value of your home, minus the amount you owe, that’s a good estimate of how much equity you have invested. The equity you’ve built can potentially be used in a variety of ways, such as debt consolidation, home improvement projects, weddings, medical bills, vacations, and emergency funds. Use our calculator to get an idea of how much equity you might have to work with.

A Home Equity Loan is a lump sum of money with a fixed rate, while a Home Equity Line of Credit is a revolving line of credit with a variable rate that you can draw from at any time. CommunityAmerica offers a Hybrid Home Equity, which is the best of both worlds. You are able to get the flexibility to draw from a line of credit when the need arises and the added benefit of locking in a fixed rate on your balance.

Member Favorites

Homeowners Insurance

Protect the roof over your head, along with everything under it.³

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Mortgage

Our team of friendly local mortgage experts can help you get into your dream home.

Learn More

High Interest Savings

Grow your money faster at a rate of up to 5.00% APY⁴ on balances up to $2,500.

Learn More

CommunityAmerica Credit Union NMLS ID #402934
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Tips to Avoid Foreclosure

Hybrid Home Equity. APR = Annual Percentage Rate. Introductory rate for the line of credit as low as 6.49% for the first year, then the APR will vary for the remaining life of the loan. As of 09/15/2023, this variable HELOC APR would have been 7.99% APR for 70% LTV. LTV = Loan to Value. For the HELOC, the Rate is subject to a minimum of 6.49%, and the maximum APR is 18%. Line of credit has a 10-year draw period with a maximum of 15-year repayment period. Minimum payment for master line of credit is calculated at the time a credit advance is made using a payoff period of 180 monthly payments or $150 minimum payment, whichever is greater. Rates are based on the Prime Rate published in the Wall Street Journal Money Rates Table plus margin. Home value may be determined by an appraisal or valuation with a cost to the member. Property must be a single family home and owner-occupied. Property insurance will be required. Line amounts range from $10,000 to $350,000 based on LTV. Offer not available to members who have an existing Home Equity Loan or HELOC with us. Limited time offers subject to credit approval. Offers subject to change or may expire without notice. Promotion available for a limited time only. Rate Lock Feature: rate can be locked up to three times at once per Hybrid Home Equity loan. Portion of credit line can be fixed up to 15 years from Line of Credit loan date. Minimum fixed loan amount for a Rate Lock is $5,000. Fixed rate portion reduces the availability on the line of credit, payments made to the fixed rate portion replenishes the line of credit. As of 09/15/2023, the fixed rate for an 70% Hybrid Locked segment is as low as 8.49%. Home Equity products are available in Kansas and Missouri only.

Debt Consolidation. Benefits of a loan for debt consolidation depend on individual circumstances. Speak with a representative on whether it is the right fit for you.

Homeowners Insurance. Insurance products may be sold through CommunityAmerica Insurance Agency, LLC, a wholly owned subsidiary of CommunityAmerica CUSO One, LLC and a licensed insurance agency in Missouri and Kansas. Insurance products:

Are Not Federally Insured

Involve Investment Risk

May Lose Value

Are Not Obligations or Guaranteed by the Credit Union

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Hybrid Home Equity

The Hybrid Home Equity Difference

Home Equity Rate – Special Offer

Intro Rate

Thereafter Rate

The Benefits

Flexibility

Peace of Mind

Convenience

Control

Applying for a Hybrid Home Equity is Easy

Home Equity Resources

Home Equity Calculator

Debt Consolidator Calculator

Schedule an Appointment

Common Uses for Your Home Equity

Home Improvements

Debt Consolidation

Take a Trip

Everything Else

From the Blog

Unlocking Your Home's Equity: What's the Right Fit for You?

Building or Buying: How to Decide Which is Best for You

What's in a Mortgage?

Profit Payout*

Investing in YOU by sharing our profits.

Hybrid Home Equity FAQs

How does a home equity work?

Which is better: Home Equity Loan or Line of Credit?

What is the interest rate on the Home Equity Line of Credit?

Member Favorites

Homeowners Insurance

Mortgage

High Interest Savings

See Complete Details