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RATES > MORTGAGE SERVICES
> FIXED CONVENTIONAL
Home Equity Line-of-Credit
For a limited time our HELOC is available with:
No Closing Costs
Minimum Advance of $5000
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
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.
Federally Insured by NCUA | Equal Housing Opportunity
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Links to other sites are provided as a convenience to our visitors.
The Credit Union is not responsible for the availability, content, or privacy practices of any linked site.
* APR = Annual Percentage Rate.