HELOC 6-Month Special

15 Mar

HELOC 6-Month Special

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For a limited time, new Home Equity Lines of Credit (HELOCs) may qualify for a 6-month special interest rate of 1.00% APR (Annual Percentage Rate). After the 6-month period, rates will return to the standard rate, currently as low as 8.75% APR as of March 15, 2024.

This offer has been extended through July 31, 2024.

*Introductory rate of 1.00% APR (0.00274% daily periodic rate) valid for 6 months after closing date of loan. Variable rates as low as 8.75% APR (0.02397 daily periodic rate) based upon Prime Rate published in the Wall Street Journal plus a margin as low as 0.25% based on credit worthiness following the introductory period. Variable rate is subject to change quarterly. Floor rate is 3.00% APR (0.00822% daily periodic rate), maximum rate is 18.00% APR (0.04932% daily periodic rate). Other rates available based on credit worthiness. Maximum loan-to-value is 80%. **Closing costs are waived provided the line of credit is open for at least 36 months. There is a $195.00 processing fee. No annual fee. Must meet membership eligibility requirements.
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