Now until September 30, you can secure a Home Equity Line of Credit (HELOC), with a 12-month introductory rate of just 4.99% APR.1 Say goodbye to higher interest debt, postponing house projects, or putting off purchases. Get the funds you need to make your dreams a reality.
Don’t know which is the right one for you? Refer to the chart below to compare.
| Interest-Only HELOC Apply now! | Traditional HELOC Apply now! | |
|---|---|---|
| Perfect for... | ...those who want more time to repay | ...those who want funds as needed |
| Promotional introductory rate | 4.99% for 12 months1 | 4.99% for 12 months1 |
| Rate type Loan Rates | Variable | Variable |
| Limit amounts | $25k to $250k1 | $25k to $250k1 |
| Owner Occupied LTV Non-Owner Occupied LTV | Up to 80% NA | Up to 80% Up to 70% |
| Draw period | 10 years | 10 years |
| Repayment period | Up to 20 years | Up to 10 years |
| Prepayment penalty | None | None |
| Digital Banking Digital Banking & Security |
Say hello to this great rate! Offer ends August 31, 2023
Equal Housing Lender. 1Promotional period 7.1.2023 to 9.30.2023. APR = Annual Percentage Rate. Introductory rate expires 12 months after origination and valid on new, approved HELOCs. Regular rates vary from 8.50% to 13.50% APR for Traditional and 8.75% to 11.00% APR for Interest-Only, depending on individual credit worthiness. Owner occupied only. California and Nevada properties only. HELOC APR is variable and based on Prime Rate of 8.50% as of 7.26.23 plus a margin of 0 to 5% on Traditional; 0.25 to 2% on Interest-Only, subject to individual credit worthiness. LTV = Loan to Value. Processing fees can range from $487 to $1,337 for California and $312 to $1,192 for Nevada, paid by the borrower. Additional fees may apply subject to type and evaluation of property, ownership, and lien status. Proof of property insurance required. Loan subject to credit approval based upon Credit Union policies, terms, and conditions.