Credit Union Home Equity Loan
Interest only heloc loans available on 1 to 2 unit owner occupied dwellings.
Credit union home equity loan. Member ncua national credit union administration a u s. As low as 3 75. Home equity line of credit.
Contact the credit union for more details. The floor rate will range from 2 75 to 7 0 apr dependent upon credit worthiness. Home equity line of credit has a variable rate based on prime as published in the wall street journal and subject to change during the term of the loan.
Based on equity up to 133 cltv 2 3. A fixed rate home equity loan is a second mortgage with a fixed rate which means that your monthly payments will not change over the life of the loan. Does not apply to refinancing of existing capital credit union home equity loans lines or to interest only home equity loans or to home equity loans with a designated closing cost amount.
Rates terms and conditions subject to change. 5401 for more information on an alliant interest only home equity line of credit. The home equity line of credit annual percentage rate apr is based on the wall street journal prime rate the index plus a margin ranging between 0 0 and 2 0.
Home equity loan view other rates and offers here. Your savings federally insured to at least 100 000 and backed by the full faith and credit of the united states government. As opposed to a home equity line of credit a home equity loan will give you a one time sum which is paid out at closing.
No closing costs on loans of 10 000. Maximum closing costs paid by capital credit union. Other restrictions may apply.