Home Equity Line of Credit Special

posted on Monday, August 3, 2020 in Specials

Now is a great time to consider a Home Equity Line of Credit.

If you’re one of the many finding yourself with a little extra time, this may be just the time to start a home project, consolidate debt, or finance a purchase you’ve been waiting to make. Our new Home Equity Line of Credit - the FLEX HELOC, puts you in control! A great rate with the customization you need - along with two opportunities to lock in fixed rates. Get the funds you need, when you need them.

Credit on your terms FLEX Home equity line of credit

Apply online today

*APR: Annual Percentage Rate. Introductory rate offer is effective as of 08/03/2020 and subject to change at any time. Offer is available for new home equity lines of credit (HELOC) for owner-occupied, single-family residential properties. (Current loans must be from another financial institution to refinance.) After the initial 6 months, the APR will become variable. Currently the fully indexed rate after introductory period is 3.25% APR (WSJP + 0%) and is based on a minimum credit score of 740 and up to 90% Loan to Value (LTV). Other rates and terms apply based on the credit score and LTV. Maximum APR is 18%. The monthly payment will be 1.5% of the principal balance of the loan (applied to principal and interest, $100 minimum payment). The member has the option of choosing up to 2 fixed-rate lock requests at our disclosed rate for a period of 5, 10 or 15 years. Closing costs range from $0 (for new HELOC with $10,000 minimum initial advance) up to $720 (for existing HELOC or those with less than $10,000 initial advance) plus appraisal fees which may range from $495 to $650. This special offer requires a minimum draw of $500. Limited-time offer. Property insurance required. Subject to credit approval and qualifications. Consult a tax advisor regarding the deductibility of interest.