From March 1 – May 31, 2021*, receive rates as low as 3.50%1 and pay no closing costs2 or appraisal fees3 with Home Equity Plus! It’s the smart way to unlock your home’s value to pay for things you need like home improvements, education costs, debt consolidation, preparing for unexpected expenses, and more.
Home Equity Plus starts as a line of credit and allows you to conveniently convert up to 3 fixed loan segments for a 5 or 10-year term. The available limit on the line of credit returns to the original line of credit limit as monthly principal payments are applied. Home Equity Plus offers the flexibility you need because it’s a line of credit PLUS a fixed-rate loan – all in one!
Home Equity Plus offers:
An example of how Home Equity Plus works:
Interested in Home Equity Plus? Contact us today! We'll be happy to answer any questions you may have and walk you through the application process.
Learn more about how Home Equity Plus works.
Membership required. Subject to creditworthiness and collateral limits. *Offer applies to funded loans for applications submitted 03/01/2021 – 05/31/2021. 1Rates accurate as of 03/01/2021 and subject to change. 2Minimum loan amount of $10,000 required for no closing costs and no appraisal fee. Appraisal only ordered if required. 3Appraisal fee paid by the member and then reimbursed at closing. Appraisal fees vary, maximum reimbursement is $750. Original closing costs and any appraisal fee is assessed to the member if the loan is closed within two years of funding. Line of credit balances under the plan have a variable rate of interest and the minimum monthly payment can change as a result. Variable balances may be converted to fixed rate/fixed term balances, a $25 fee will apply. Fixed balances have a fixed rate of interest for the fixed term selected at the time of conversion. Max APR is 17% for variable rate balances and 18% for fixed term/fixed rate balances. Property insurance is required. Terms, restrictions, and fees may apply, call 1.800.245.8085.
