Dream Big with a Home Equity Line of Credit

Unlock the Potential of Your Home

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Don't miss out on the opportunity to get more out of your home! Our flexible Home Equity Line of Credit (HELOC) offers an introductory fixed Annual Percentage Rate as low as 6.74% when you take advantage of our Member Loyalty Discount opportunity.

Whether it's home improvement, debt consolidation, or an unexpected expense, now is the perfect time to unlock your home's equity at a great low rate.*

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Use Your Home Equity Line of Credit for:


Home Renovations

Transform your home into your dream space by using our Home Equity Line of Credit to fund your home improvement projects. Whether you want to update your kitchen, add a new master bath, or create a home gym, we offer flexible financing options to help you achieve your renovation goals.


Debt Consolidation

Our Home Equity Line of Credit can enable you to consolidate your high-interest debt such as credit card balances and personal loans. Take control of your finances and simplify your debt repayment!


Invest in your future or that of a loved one with our Home Equity Line of Credit. Use it to pay for tuition fees, textbooks, and other education-related expenses. This option can potentially help you save money on interest rates compared to traditional student loans.

Other Expenses

Life is unpredictable, and unexpected expenses can arise at any time. Our Home Equity Line of Credit offers a great rate to help you cover large expenses, such as medical bills, adoption costs, and even vacations. Whatever your financial needs may be, we are here to help you achieve your goals.

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Our HELOC offers the financial flexibility to use the funds for a variety of purposes, including home improvements, vacations, paying off high-interest loans or credit cards, education, special events, and more!

Even if you don't currently need cash, an open-ended Home Equity Line of Credit is a wise move. When you get a Home Equity Line of Credit, you can draw money whenever you want for a period of time. You only pay interest on the amount you borrow. You may borrow money, then pay off the money you borrowed, and borrow again against the line of credit.*

*APR = Annual Percentage Rate as of 04.03.24. Limited Time Offer. The rate after the initial 5-year intro fixed rate is based on the WSJ Prime Rate. The maximum annual percentage rate that may be imposed is 18.00%. Member Loyalty Discount of 0.25% APR requires maintaining direct deposit to a Cobalt checking or savings account. Loyalty discount is available on brand new loans. Existing home equity lines of credit must refinance with a minimum of $10,000 added to the loan in order to qualify for the loyalty discount. Loan fees and closing costs may vary between $400-$1000. No annual fee or early termination fee. Loans and lines of credit are available for Nebraska and Iowa properties within Cobalt Credit Union’s lending area. Loan interest may be tax deductible. Please consult your tax advisor. Advertised rate includes the member loyalty discount. Contact a Cobalt Credit  Union representative for complete offer details.