If you are a homeowner planning to remodel, it’s important to choose the right home improvement projects and take the time to figure out your finances. Whether you plan to remodel your home to entice potential buyers or just to give it a fresh new look, the money spent on improvements may potentially increase its overall value.

Typically, homeowners can expect a good return on investment from any type of home improvement. Hawaii Central Federal Credit Union offers a wide variety of loan programs to help any homeowner who’s planning to remodel.


In many cases, your home’s built-up equity could be the best source of financing your remodeling projects. With a Home Equity Line of Credit (HELOC) from Hawaii Central FCU, you are able to put that equity to work for you and turn your home’s equity into accessible funds. Instead of limiting your renovation project to just cash funds, a HELOC allows you to access your funds as needed through a revolving line of credit.

One popular option that adds instant value to your residence is to upgrade your home to energy-efficient technology, such as solar water heating and solar photo-voltaic systems. While the initial price of installation for these systems may be pricey, it is an investment that will eventually pay for itself as you save on utility bills for many years to come. To help with these initial installation costs, Hawaii Central FCU offers special loan rates specifically for solar water heating and solar photovoltaic systems.

No two renovation projects are exactly the same, and each homeowner’s financial resources are unique, so it’s important to find the loan program that best fits your needs. At Hawaii Central FCU, you’ll find many options to help you achieve your goals. For example, if your renovation project seems too drastic, perhaps an entire rebuild of your home is the best option, which would make an Owner/ Builder Construction Loan the best loan program for this situation.


The highly experienced home loan specialists at Hawaii Central FCU are available to assess your financial situation. The consultation is free, and the specialists understand the urgency of getting your project started on time. If you choose to open a Home Equity Line of Credit for your project, you may be approved and funded in as little as two weeks.

To apply for any of Hawaii Central FCU’s loan products or for more information, call 529-4599.

Home loans are provided by CU Network Services (NMLS# 375459), which is a wholly owned subsidiary of Hawaii Central Federal Credit Union (NMLS#412820).


contact // 529-4599
address // 681 S. King St.
web // www.hccu.info


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