Home Equity Loans & Lines of Credit (HELOC) Rates
Loan-to-Value: 80% & Under
| Term Months | APR1 As Low As2 | Payment Per $1000 |
|---|---|---|
| Up to 60 | 6.700% | $19.64 |
| 61 - 84 | 7.145% | $15.15 |
| 85 - 120 | 7.604% | $11.91 |
| 121 - 180 | 9.075% | $10.16 |
| Line of Credit3 | Prime plus 0.00% | $10.00 |
Effective Date:
April 16, 2024
Membership eligibility is required.
1: APR=Annual Percentage Rate. Rates and terms subject to change. Above rates based upon a credit rating of 740 and above and are subject to change based upon borrower's credit history.
2: Rates apply to owner-occupied home loans up to 80% Loan-to-Value (LTV). Closing costs start at $400 and do not include appraisal. If required, appraisal is an additional cost of typically $325-470 and is due upfront. If refinancing a Prime Financial Credit Union loan, an additional $5,000 borrowed is required to qualify for any fee discounts. Homeowner insurance is required.
3: Home Equity Line of Credit (HELOC) Prime plus 0.00% rate (as reported in The Wall Street Journal) applies to 700+ credit score. Rate for 620-699 credit score is Prime plus 1.00%. HELOC rate is adjustable, may change monthly and will not exceed 11.25%. HELOC monthly payment per $1000 based upon minimum payment of 1.00% of outstanding balance. Payment example does not include taxes and insurance premiums.
Loan-to-Value: Over 80%
| Term Months | APR1 As Low As4 | Payment Per $1000 |
|---|---|---|
| Up to 60 | 8.202% | $20.35 |
| 61 - 84 | 9.149% | $16.14 |
| 85 - 120 | 10.611% | $13.53 |
| 121 - 180 | 14.089% | $13.34 |
| Line of Credit5 | Prime plus 1.00% | $10.00 |
Effective Date:
April 16, 2024
Membership eligibility is required.
1: APR=Annual Percentage Rate. Rates and terms subject to change. Above rates based upon a credit rating of 740 and above and are subject to change based upon borrower's credit history.
4: Rates apply to owner-occupied home loans up to 95% Loan-to-Value (LTV) and are based on credit and Debt-to-Income (DTI) qualifications. Closing costs range from $604 to $754 and do not include appraisal. If required, appraisal is an additional cost of typically $325-470 and is due up front. Homeowner insurance is required.
5: Home Equity Line of Credit (HELOC) Prime plus 1.00% rate (as reported in The Wall Street Journal) applies to 700+ credit score. Rate for 620-699 credit score is Prime plus 3.00%. HELOC rate is adjustable, may change monthly and will not exceed 11.25%. HELOC monthly payment per $1000 based upon minimum payment of 1.00% of outstanding balance. Payment example does not include taxes and insurance premiums.
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NMLS ID 718926 - Equal Housing Opportunity. Membership eligibility is required.