A Home Equity Line of Credit as Low as 3.25% APR*!
Features of the CPFCU Prime Plus Home Equity Line of Credit (HELOC):
- Annual Percentage Rate (APR) as low as Prime Rate plus 0.00%! (Currently 3.25%)
Interest may be tax-deductible (Consult a tax adviser)
Easy access to your credit line – with checks, by phone, online, or at your favorite CPFCU location
Use your credit line to spruce up your home, pay off or consolidate debts, take a vacation, as an emergency fund, or more!
*APR = Annual Percentage Rate. Mortgage rates based on individual credit worthiness using Prime Lending Rate (currently 3.25% APR, as published in the Wall Street Journal) plus a margin of either 0.00%, 3.00%, or 6.00%. After the first six months, the interest rate will adjust monthly based on current WSJ Prime Rate. Two percent maximum annual adjustment. No closing costs if loan amount is $5,000 to $35,000, unless loan is paid in full within one year, at which time member/ borrower must pay actual closing costs as disclosed. Closing costs and maximum Loan to Value (LTV) ratio are based on loan amount. Member/ borrower is responsible for appraisal fee if required. Applicants must be eligible for membership. Rates may change without notice. Certain restrictions apply; please ask a loan officer for full details.