HELOC (Home Equity Line of Credit)

1st Community Federal Credit Union offers Great rates on Home Equity loans for Life or Home Improvement – pay for college, bill consolidation, add a pool. Whatever fits your dreams.
   

Home Equity Line of Credit

Loan TypeAPRMaximum Amount Financed:Maximum Term:
Home Equity Line of Credit (HELOC)5.00% Floor APR Variable Rate Wall Prime plus .50% APR)80% of Value of Property HELOC plus 1st Lien cannot exceed 80% of Property Value180 months/60 month draw/10 year repayment after draw
  • Finance Charges may be Tax-Deductible on Secured Home Equity (ask your tax advisor)
  • For Life or Home Improvement…pay for college, bill consolidation, add a room, remodel, add a pool. Whatever fits your needs or dreams
  • Minimal Closing Costs / No Origination Fee
  • Easy Payment Options
  • Simple Interest
  • Credit Life Insurance available (maximum repayment term 120 months)
  • Credit Disability Insurance available (maximum repayment term 120 months)
  • Involuntary Unemployment Insurance available
  • Click here for insurance products to protect your home 

Rates based on terms and approved credit. All Rates and Terms are subject to change without notice. We are an Equal Credit Opportunity Lender and an Equal Housing Lender. Member NCUA. APR – Annual Percentage Rate