Home Equity Master Line Features
- Line of credit to use for up to 10 years, with an additional 15 years to repay
- Ability to lock in 3 loans under one line of credit
- Check writing options
- Fixed and variable rate options
- No pre-payment penalty
- Available on vacation homes
- Interest may be tax deductible, consult your tax advisor
Rates may change at any time. Other terms and conditions may apply.
APR. Maximum rate 18%. Annual fee $25.00. Interest rate is based on credit qualifications. The rate will adjust based on Wall Street Prime (Index) plus a margin. Special introductory rates for the variable line of credit range from 4.50% APR to 7.00% APR for loans up to 80% CLTV good for 12 months, available March 1 - April 30, 2019, and are subject to change. Member pays third-party closing costs, which range from $243–$1,500. Appraisal may be required. Lock fee $25, minimum amount to lock $5,000. ** CLTV Combined Loan to Value
Home Equity Master Line
||Loan to Value
|10 year draw & up to 15 years to repay
||up to 90% LTV
HELOC Owner-Occupied. Payment based on balance. $25.00 annual fee assessed January of each year. Borrower pays closing costs. Annual Percentage Rate (APR)* and maximum loan amount will be based on your credit qualifications and loan to value ratio. The variable APR may adjust quarterly based on Wall Street Prime plus or minus a margin. Minimum APR 3.49%. Maximum APR 18%.
Home Equity Master Line Disclosures
Lock-In Option - Variable
|Terms 5, 10, 15, or 20 years
Rate is fixed for the first five years, then it may adjust every 5 years based on Wall Street Prime** plus a margin. Minimum APR 4.00%. Maximum APR 18%. Stated rates include .25% auto pay discount. Lock-In fee $25.
Lock-In Option - Variable Disclosures