| Home Equity
Line of Credit
|
-
as low as 3.25%
APR* (variable)
- Minimum of
$5,000.00
- Maximum of
$125,000.00
- Term
15 years
with a draw period of
5
years on the line of credit
- Draw
$5,000
and NO closing costs, but member will pay
the mortgage tax.
- CAP
18.00% CAP 3%/YR
APR*
- Floor
3.25%
APR* (Rate based on prime rate as published
in the Wall St Journal, the rate is adjusted
quarterly). And you may borrow up to 70% of
the appraisal of your home less any other
mortgage.
- Reimbursement of Credit Union closing costs
is required if the loan is paid off and discharged
within the first 24 months.
|
| *APR is the Annual Percentage Rate.
- Loans are subject to credit approval and loan rates
are subject to change without notice.
- You may borrow up to 70% of the appraisal of your
home less any other mortgage.
|
| Fixed Rate
Home Equity Loan |
|
Home Equity Loan-Fixed
Rate
as low as 6.5% for 120 mos
APR*
Borrow up to 70% less first mortgage payment of your
home's equity!
- Minimum of
$5,000.00
- Maximum of
$125.000.00
- Term up to
10 years
- Draw at least
$5,000
and NO closing costs, but member will pay
the mortgage tax.
- Reimbursement of Credit Union closing costs
is required if the loan is paid off and discharged
within the first 24 months.
|
*APR is the Annual Percentage
Rate.
- You may borrow up to
70%
of the appraisal of your home
less any other mortgage.
- This is not a revolving line of credit |
Current
Loan Rates»
