HOME EQUITY LOANS
Home Equity Line of Credit
Closing Costs only $349*
A home equity line of credit works sort of like a credit card limit. You borrow only what you need, up to your preset limit, and pay interest only on what you borrow. And, with closing costs of only $349 with no annual fee, it’s never been a better time to take advantage of all the things a Home Equity Line of Credit can do for you.
Why a Home Equity Line of Credit?
- Access funds for large expenses, now and in the future
- Low Rates
- Make payments on only your outstanding balance
- Interest may be tax deductible (check with your tax adviser)
Variable Rate Home Equity Loan
- Line of Credit
- No annual fees/draw fees
- Rates as low as Prime -1%**
- No Prepayment Penalty
- Loan terms up to 15 years
*Subject to credit approval.
**Floor annual percentage rate as low as 3.25
Closed-End Home Equity Loan
A closed-end equity loan offers a single lump sum that can help you consolidate high-interest debt, pay for a home improvement or much more.
Benefits:
- Borrow a specific amount, with a fixed rate, term and monthly payment
- Great for debt consolidation, major home renovations, or large one-time purchases
- Flexible repayment terms available
- Loan terms up to 15 years
- Minimal Closing Costs
- Interest may be deductible (check with your tax adviser)
Fixed Rate Home Equity Loan
- Installment Loan
- No Annual Fees
- No Prepayment Penalty
Contact us today to start your application.
- (513) 530-9351, Option #3
- sales@emeryfcu.org
Disclosures and Information