Eglin Federal Credit Union


Mortgage Services
Equal Housing Lender
NMLS 440642

Fixed Conventional

Fixed VA or FHA

Adjustable Conventional

Home Equity Loans

HE Line of Credit

Unimproved Property

Construction Loans

Other Rates

Loan Rates

Savings Rates

Home Equity Line-of-Credit Home Equity
  For a limited time our HELOC is available with:
  • No Closing Costs
  • 3.75% APR
  • Minimum Advance of $5000
  • Apply Now
    • Loans from $5000 to $150,000
    • Loans for first or second mortgages
    • Insurance is required on First Liens
    • Loanable Equity is determined by 80% of appraised value,      subtracting balance of first mortgage loan
    • Primary residence, single-family dwelling
    Property must be located in one of the following Florida counties
    Escambia Bay Okaloosa Holmes

    Walton Santa Rosa Washington

    Once you have established the new Home Equity Credit Line, you may use your Home Equity Mastercard® to make purchases, up to your credit limit. There is a 1.1% International Transaction Fee on foreign transactions.

    Enjoy affordable payments that decrease as the balance decreases. Minimum monthly payments are calculated based on 1.50% of the New Balance or $35, whichever is greater.
    • Home Equity Line-of-Credit 3.75% Annual Percentage Rate
           is available on new lines of credit and subject to credit approval.
    • Interest rates will vary based on the Wall Street Journal Prime
           Rate which was 3.75% as of 12/14/2016.
    • Rates and terms subject to change without notice.
    • Maximum APR will not exceed 16%
    • The “No Closing Costs” special does not include appraisal fees,
           but appraisal may not be necessary with an acceptable tax      assessment.
    • Consult a tax advisor regarding the deductibility of interest
           on this loan.
    • Offer not available/valid on manufactured homes.

    NMLS 440642


    NCUA  We do business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.