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 5.635% $19.15
61 - 84 6.097% $14.65
85 - 120 6.568% $11.38
121 - 180 7.557% $9.29
Line of Credit3 Prime plus 0.00% $10.00
Effective Date: January 20, 2023
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 6.647% $19.62
61 - 84 7.609% $15.38
85 - 120 9.082% $12.70
121 - 180 12.065% $12.02
Line of Credit5 Prime plus 1.00% $10.00
Effective Date: January 20, 2023
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.
Member Story

"I felt so comfortable with Prime’s guidance during my first loan experience."

NMLS ID 718926 - Equal Housing Opportunity. Membership eligibility is required.