Home Equity Line of Credit

Home Equity Line of Credit

your potential is open-ended

An Execuline home equity line of credit is a loan which allows you to use the equity in your house to establish an open-end line of credit.

Capitol Federal's Home Equity Lines of Credit:
  • 7-year draw term with a 10-year repayment term
  • Minimum monthly payment is greater of $50 or 1.5% of principal balance during the Draw Term. Amortizing payments during the repayment term
  • Interest accrues only on the amounts you borrow, and at favorable rates
  • No closing costs* and NO POINTS**
  • Borrow up to 90% of the current market value of your home, less any outstanding mortgage balance (subject to maximum loan amounts)
  • Convenient monthly statements that show all transactions and provide complete financial information, including your payment
4 easy ways to access your line of credit:
  • By checks
  • By Visa® access card
  • By True Blue Online® transfer to a CapFed® checking account
  • By cash advances at any CapFed location

Capitol Federal® also offers an interest only line of credit option that can be used as a swing or bridge loan to assist with the down payment on the purchase of a new home.  Monthly payments are interest only and the loan term is 12 months.

* Appraisal may be required at owner’s expense. 

**Please see loan rates for current interest rates, terms and additional information.

Loan information is subject to change.  Certain restrictions apply.

Apply Online

Complete a CapFed® home equity application online.

Apply Now

Have questions about which loan is best for you?

Visa® Purchase Alerts image

get notified of transactions in real-time

Sign up to participate in Visa® Purchase Alerts and establish specific alert triggers for any qualified Visa® transaction meeting your criteria. Alerts are real-time, and an email will be generated within seconds to the email address you provide. 

Transaction alerts include:

  • Purchase thresholds
  • International transactions
  • Card absent transactions, such as internet and phone transactions
This service is available to all True Blue® debit cardholders, Execuline Visa® cardholders and True Blue® Money cardholders at no charge.

Keep your account secure and track spending for greater control.

More on Purchase Alerts Enroll Your Card