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LOAN TYPES:
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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
• We will lend up to 90% loan to value minus first mortgage
• 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)

At this time we are not offering Home Equity Loans

**All loans and rates subject to qualification.

***Rates subject to change- Call Credit Union for current information.