Discover The Power of A Home Equity Line of Credit (HELOC): Unleash the Potential of Your Home's Equity
As a valued member of Unity Catholic FCU, we are excited to offer you an exclusive promotion that can unlock the hidden potential of your home's equity!
Whether you have home improvement projects, upcoming major expenses, or a desire to consolidate debt, our HELOC offers you a unique opportunity to achieve your financial goals with ease and flexibility.
Intro Rate Of 5.49% APR*: Fixed Through 9/30/2024
Take advantage of our special introductory Annual Percentage Rate (APR) of just 5.49% APR*. This low rate is fixed until September 30, 2024, offering stability and predictability for your initial draw period. A fixed-rate ensures that your monthly payments remain consistent, making it easier to budget and plan your finances effectively.
Fees Only $250
With our HELOC promo, you'll enjoy the benefit of minimal fees, with a processing fee of just $250. This means more of your hard-earned money goes towards achieving your financial goals and less toward unnecessary expenses!
Rate Going As Low As Prime - 0.50% APR*, Currently 8.25% APR*: One of the most enticing aspects of our HELOC promotion is the potential for an incredibly low APR* of as low as Prime - 0.50%. With the current Prime rate at 8.25% APR*, you can secure an exceptional interest rate that beats many other traditional borrowing options. This competitive rate allows you to make the most of your home's equity while saving money on interest payments.
Flexibility to Use Your Home Equity
A HELOC is a versatile financial tool that lets you access your home's equity as needed. Whether you want to renovate your home, fund your child's education, cover medical expenses, or consolidate high-interest debts, a HELOC provides the flexibility to use your funds for many purposes.
At Unity Catholic FCU, we are committed to empowering our members to achieve their financial dreams. With our Home Equity Line of Credit (HELOC) promotion, you can leverage the equity in your home to fund important life goals at a remarkably low APR*. Enjoy the stability of a fixed introductory rate, the convenience of minimal fees, and the flexibility to use your home's equity as needed.
Reach out to our friendly team today to learn more about our HELOC promo and how it can benefit you. Let us help you unlock the true potential of your home's equity and pave the way to a brighter financial future!
*APR= Annual Percentage Rate. This is a variable rate and will change based on the Prime Rate as printed in the Wall Street Journal published 10 days prior to the end of each month. The introductory APR is 5.49%APR* and expires on 09/30/2024. The applicable interest rate will go to Prime Rate plus/minus the margin based on your credit at the time of application after the introductory period has expired. The floor rate is 3.25%APR and cannot go lower than this regardless of credit score, the ceiling rate is 18% the rate can change up to 2% per quarter. As of 04/24/23, the Prime Rate is 8.25%APR; this is the rate available to Unity Catholic Federal Credit Union (UCFCU) members with Tier B credit; based on 80% loan to value, owner-occupied principal residence. Cannot be used to refinance an existing UCFCU Home Equity Line-of-Credit. Advances are amortized over 120 months. Sample monthly payment: $5,000 financed at 8.25% APR for 120 months is $62.00. Minimum initial loan advance of $5,000. The application deadline is 09/30/23 and must close by 10/31/2023. Loan fees and closing costs of $250 are paid by the borrower. Member will be responsible for title insurance if the Line of Credit is the mortgage in the first lien position. A UCFCU Checking Account, Debit Card, and/or direct deposit with payroll deduction is required to qualify for this loan. The loan is subject to credit approval. All UCFCU programs, rates, terms, and conditions are subject to change at any time without notice. No prepayment penalties apply. Federally insured by NCUA. Additional insurance up to $250,000 through ESI a licensed insurance company and an Equal Housing Lender. 07/01/2023 - 09/30/2023