Are you taking advantage of your home’s value?
Make the most of owning a home with a TCAFCU Home Equity Loan!
Whether you dream of renovating your kitchen, funding a college education or jetting off on a well-deserved vacation, a Home Equity Loan can help turn that dream into a reality. This type of loan lets you receive funds in a lump sum, enjoy a fixed rate and pay less in closing costs compared to refinancing!
Our Home Equity Loan sets itself apart by offering:
- Flexible terms up to 240 months
- Up to 90% LTV
- Possible tax benefits (Please consult a tax advisor.)
| Home Equity Loans 80% LTV | *APR as low as (Primary Residence) | *APR as low as(Investment) |
|---|---|---|
| 0 to 36 Months | 3.25% | 5.75% |
| 37 to 72 Months | 3.50% | 6.000% |
| 73 to 120 Months | 4.00% | 6.75% |
| 121 to 180 Months | 4.50% | 7.00% |
| 181 to 240 Months | 4.75% | N/A |
| *APR = Annual Percentage Rate. Rate is subject to change. The rates stated above are the lowest rates offered. Actual Annual Percentage Rate (APR) may vary based on creditworthiness, loan-to-value and terms of the loan. Not all members will qualify for the lowest rate. Loan Payment Example: $10,000 for 240 months at a rate of 4.75% APR is a monthly payment of $64.62 | ||
| Term | *APR as low as |
|---|---|
| 0 to 36 Months | 4.00% |
| 37 to 72 Months | 4.25% |
| 73 to 120 Months | 4.75% |
| 121 to 180 Months | 5.00% |
| 181 – 240 Months | 5.25% |
| APR = Annual Percentage Rate. Rate is subject to change. The rates stated above are the lowest rates offered. Actual Annual Percentage Rate (APR) may vary based on creditworthiness, loan-to-value and terms of the loan. Not all members will qualify for the lowest rate. Loan Payment Example: $10,000 for 240 months at a rate of 5.25% APR is a monthly payment of $67.38. | |
Home Equity Line of Credit
- Variable rate line of credit
- Ability to draw cash as needed
- Possible tax benefits (Consult a tax advisor)
| Home Equity Line of Credit | *APR as low as (Primary Residence) | *APR as low as(Investment) |
|---|---|---|
| Home Equity Line of Credit – 80% LTV | 4.00% | 5.00% |
| Home Equity Line of Credit – 90% LTV | 5.00% | NA |
| The Home Equity Line of Credit has a variable rate feature and the Annual Percentage Rate (APR) and the monthly minimum payment can change as a result. This variable rate is based on prime and can change quarterly. Your rate will not be less than 4% APR (floor rate) or greater than 18% APR (maximum allowed by law). The minimum monthly payment is $100.00. Actual Annual Percentage Rate (APR) is based on an index and may vary according to creditworthiness, loan-to-value and terms of the loan. | ||
Need to get a payment here fast? We now accept payments by credit card! For more information, contact a Lending Specialist at 610.326.3705, option 5
*Application fees including appraisal, flood certification, credit report, property search, and mortgage recording fees will be waived up
to $705. Offer applies to all new Home Equity Loans and Home Equity Lines of Credit with a loan amount >$10,000 (new money).
Primary residences only. If the loan is paid off within 12 months, closing costs will be added to your payoff balance. Limited Time Only!
