Tackle your to-do list with a HELOC
Looking for some financial flexibility? A MECU信用合作社 房屋净值信贷额度 is the smart choice for tapping the equity in your 巴尔的摩, 马里兰州住宅基金 家里的改进, consolidate high 利率 debt or pay for education expenses.- 5.99%固定年利率1 for 12-months then as low as Prime minus 0.25%1
- Credit line available for up to 15 years
- Draw and repay funds similar to the way you use a credit card
- Amounts available from $5,000 up to 80% of the equity of your home
披露的信息
1/* APR = Annual Percentage Rate. While this page is updated regularly, rates are subject to change. Minimum monthly payment equals $100. Introductory rate will be fixed for 12 months. 标准的, post-introductory APR will be a fully indexed, variable rate based on Prime plus or minus a margin based on your loan-to-value ratio at account opening. Prime Rate is obtained from the Wall Street Journal and is currently 8.50%, in effect since 07/27/2023. The minimum standard APR that can apply is 3.25% and the maximum APR that can apply is your standard rate plus 6%. The maximum APR in Maryland is 18%. 标准的, post introductory rate is variable and may adjust on a quarterly basis. Subject to credit approval and verification of collateral. Adequate property and flood insurance is required, if applicable. 需加入MECU.** MECU will pay the initial closing costs on “Standard” 房屋净值 Lines of Credit. If the line is paid off and closed within 12 months of original note date, closing costs must be reimbursed to MECU by the borrower. Closing costs vary and generally range around $850 to $1,000 on a $20,000 line of credit.
What you should know about 房屋净值 Lines of Credit
