hoME1st Equity Line of Credit

Put Your Equity To Work For You 

With A hoME1st Equity Line of Credit!

 

Enjoy a Promotional Fixed Rate
of just 2.99% APR* until 12/31/2017
& no closing costs!

  • Loan amounts from $5,000 to $150,000
  • Draw from your line of credit as-needed for any project or purpose including: home repair/remodeling, college expenses, vacations and more!
  • The interest you pay may be tax-deductible!***

Contact us if you have questions,
or complete a secure online loan application now!

 

 

 

 

 

*Annual Percentage Rate. Subject to membership, credit and underwriting guidelines. **No closing costs requires a minimum credit line of $25,000.00 with a required 1st advance of $15,000.00 and a loan-to-value equal to or lower than 85%. Other terms, restrictions and fees may apply for loans with a loan-to-value greater than 85%. An appraisal is required for loans with a loan-to-value greater than 85%. The range of costs for this is between $350.00 to $700.00. hoME1st Equity Line of Credit is an adjustable rate product and may adjust quarterly. Maximum APR is 18%. The Index rate is the Prime Rate as published in the Wall Street Journal on the date, 60 days prior to any scheduled rate adjustment, plus a margin with a floor rate of 4.250%. The current fully indexed non-promotional rate is 4.250% APR for a loan-to-value up to 85% with a qualifying a credit score. Higher rates apply to loan-to-values up to 100%. There are no annual fees: however, there may be an early termination charge applied if the line of credit is closed within 36 months of opening. Property Insurance required, ***Consult your tax advisor concerning the deductibility of the interest you will pay. Federally insured by NCUA, Equal Opportunity lender, NMLS#461085