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Home
Equity Line of Credit Loans
Even
if you refinanced recently, only a 1/2% drop in your rate can save
you thousands on your home equity loans. Calculate with our mortgage
rate calculator.
- Variable
rate loan: rate varies with the Prime rate and is 1% more
- 5-year
draw period
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We will lend up to 90% loan to value minus first mortgage
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Up to a 25 year payoff period, based on amount borrowed
- You
will have checks to draw on this account as needed
- $500.00
minimum draw amount - $5,000.00 minimum initial advance
- Possible
tax deduction advantage (see your tax advisor)
To
start your Home Equity Loan paperwork; see management.
**All
loans and rates subject to qualification.
***Rates
subject to change- Call Credit Union for current information.
For
more info email us here.
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