Unleash Your Home's Potential With Our Special Home Equity Line Of Credit Offer.
05/12/2025
Variable-Rate Home Equity Lines Of Credit
$5,000 or more
4.99% APR for 6 months
then as low as Prime.*
Non-Members Call To Apply:
(708) 649-6427
Existing Members:
Click Here To Apply Online
Need a ready source of cash for home improvement, bills, college tuition and more? Then take advantage of our special Home Equity Line of Credit offer.
Write checks against your line for up to five years, and take up to 15 years to repay. Lines with interest-only payments are also available at different rates and terms.
No closing costs or up-front fees. With our great rates, you can borrow up to 80% of your home's current market value less your first mortgage balance. Borrow up to $150,000 if you have a first mortgage or up to $500,000 if you don't.
Apply by June 30, 2025.
*4.99% APR introductory rate is in effect until after the sixth regularly scheduled payment. After the introductory period, the regular APR will vary as low as Prime on credit lines of $99,000 or more, Prime plus .25% on lines of $50,000-98,999, Prime plus .75% on lines of $25,000-$49,999 and Prime plus 1.50% on lines less than $25,000. Rate can change monthly and is based on the Prime Rate as published in the Wall Street Journal. On 5/20/25 the Prime Rate was 7.50%. Minimum APR will be as low as 3.99%. Maximum APR: 18%. Initial advance must be at least $5,000. Subsequent advances must be at least $500. Minimum monthly payment: $120. A $50 annual fee is waived the first year and then becomes effective for the remaining four years of the draw period. Members who refinance must take out the required $5,000 initial advance at the time of loan disbursement. Qualified members can borrow up to 80% of their homes’ equity less their first mortgage balance up to $150,000 with a first mortgage and up to $500,000 without. Amount financed is subject to credit and property approval. Homeowner’s insurance is required. There are no closing costs or up-front fees, however, if you close your line of credit within two years of its opening, you will be required to reimburse the credit union for certain third-party fees up to a maximum of $500.