HELOC Special - Centra Credit Union

Get more with a HELOC from Centra!

A home equity line of credit from Centra allows you to make your home your dream space.

Now’s the perfect time to tackle that home project! From June 1 through August 31, spend at least $5,000 of your new or existing home equity line of credit, and we’ll deposit $50 into your Member Loyalty Account!*

Using your existing HELOC

The easiest way to use your HELOC is to log into Online Banking and transfer money from your HELOC to your checking account! Don’t have a checking account? You’re missing out on cash rewards. Learn more about Cashback Checking.

If you don’t want to earn cash with Cashback Checking, visit your nearest Centra location. A Team Member can help you withdraw money from your HELOC or help you get checks for it.

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Today's low HELOC rates

As Low As


First 6 Months

As Low As



After 6 Months

Applying for a HELOC

If you don’t have a HELOC yet, click here to get started today! We can help you navigate through your questions during the process. Together, we can help make your home all you want it to be!

Apply Now

*To receive the $50 (fifty) bonus, you must have an active Home Equity Line of Credit with Centra and spend at least $5,000 of your available HELOC between June 1, 2022 and August 31, 2022. The $50 bonus is available only as a deposit into your Member Loyalty Account (MLA). You must have a Centra Checking Account to qualify for the bonus. If you qualify, the bonus will be deposited into your MLA by September 30, 2022. All loans are subject to credit approval. Offer may change at any time without notice.

¹APR = Annual Percentage Rate and is based on a variable loan product. All loans are subject to credit approval. This offer is available on applications taken by June 30, 2022. Offer is subject to change at any time without notice. The introductory promotional 1.99% APR will be in effect for the first 6 months from the time you close the loan. After the first 6 months, the APR will adjust to our standard rate. The APR is based on the Prime Rate (index) plus a margin of Prime Plus 0.00% to 2.00% (currently 4.00% – 6.00%). We will use the most recent index available to us as of 10 business days prior to the month-end before the date of any APR adjustment. The rate is subject to change the first of each month to reflect any change in the index. The maximum APR that can apply is 18.00%; the minimum that can apply is 4.00%. There is a $50 annual fee, which is waived for the first year. The minimum line amount is $10,000. This offer is only good for new loans to Centra on owner-occupied residential properties. Homeowners’ insurance is required. Consult your tax advisor about deductibility of interest. Closing costs will range from $150 to $800. Up to $400 of closing costs will be paid by Centra. If the line is paid off and closed within the first 36 months, closing costs must be repaid. Fixed-term and fixed-rate Home Equity Loans are also available. No annual fee HELOC is also available. Offer subject to change without notice.