Personal Home Equity Rates
|
Type |
Loan to Value |
Term |
APR as low as1 |
|---|---|---|---|
|
APR = annual percentage rate and reflects the current minimum APR offered. |
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|
Type Fixed rate |
Loan to Value Up to 80% |
Term 60 months |
APR as low as1 6.375% |
|
Type Fixed rate |
Loan to Value Up to 80% |
Term 120 months |
APR as low as1 7.25% |
|
Type Fixed rate |
Loan to Value Up to 80% |
Term 180 months |
APR as low as1 7.74% |
|
Type Fixed rate |
Loan to Value Greater than 80% up to 90% |
Term 60 months |
APR as low as1 7.375% |
|
Type Fixed rate |
Loan to Value Greater than 80% up to 90% |
Term 120 months |
APR as low as1 8.25% |
|
Type Fixed rate |
Loan to Value Greater than 80% up to 90% |
Term 180 months |
APR as low as1 8.74% |
|
Type |
Loan to Value |
Term |
APR as low as1 |
|---|---|---|---|
|
APR = annual percentage rate and reflects the current minimum APR offered. |
|||
|
Type Fixed Rate |
Loan to Value Up to 80% |
Term 60 months |
APR as low as1 5.99% |
|
Type Fixed Rate |
Loan to Value Up to 80% |
Term 120 months |
APR as low as1 6.75% |
|
Type Fixed Rate |
Loan to Value Up to 80% |
Term 180 months |
APR as low as1 7.25% |
|
Type Fixed Rate |
Loan to Value Greater than 80% up to 90% |
Term 60 months |
APR as low as1 6.99% |
|
Type Fixed Rate |
Loan to Value Greater than 80% up to 90% |
Term 120 months |
APR as low as1 7.75% |
|
Type Fixed Rate |
Loan to Value Greater than 80% up to 90% |
Term 180 months |
APR as low as1 8.25% |
|
Type |
Loan to Value |
APR as low as2 |
|---|---|---|
|
APR = annual percentage rate and reflects the current minimum APR offered. |
||
|
Type Monthly adjustable rate |
Loan to Value Up to 80% |
APR as low as2 7.50% |
|
Type Monthly adjustable rate |
Loan to Value Greater than 80% up to 90% |
APR as low as2 9.00% |
|
Term |
APR as low as |
|---|---|
|
APR = annual percentage rate and reflects the current minimum APR offered. MyChoice Mortgage maximum Loan To Value 85% or less. |
|
|
Term 1 to 8 years |
APR as low as 5.125% |
|
Term 9 years |
APR as low as 5.250% |
|
Term 10 years |
APR as low as 5.375% |
Disclosures
- 1.
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APR = annual percentage rate may be adjusted based on individual credit standing and term. Payment Example: $25,000 loan for 60 months at 5.99% APR will have a monthly payment of $482.25.
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- 2.
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A home equity line of credit is a variable rate loan that may adjust monthly. Rates are as low as 4.50% APR as a floor and a maximum APR of 18.00%. APR may be adjusted based on individual credit standing and term. Members can borrow against the available line of credit for a period of 15 years, after which time the existing balance must be paid in full by making a monthly principal and interest payment in a new 15-year repayment period. Closing costs range from $130 to $1,500 to cover the appraisal fee and title update fee. A late fee of 5% of the payment may be charged for a payment more than 15 days late.
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