HELOC Calculators

Current Rate available on loans for owner-occupied primary residences with loans up to 70% Loan-to-Value (LTV) and credit scores of 740 or higher. Other restrictions may apply. Annual Percentage Rate (APR) is variable and set at Prime (recently 7.50%) minus 1.00 percentage points, or 3.99% APR, whichever is higher. Rate is subject to change on the first business day following any change in the Prime Rate as published in the Wall Street Journal. Interest-only payments are available for the first 10 years from the date the HELOC was opened; outstanding balance will then amortize based on the variable rate to be repaid in monthly payments over 180 months. Maximum rate 20% and the APR will never fall below 3.99%. If the line of credit is closed within the first 2 years, an early termination fee of $200 applies. For loan amounts over $400,000 fees the member is responsible for are property valuation, property condition report, title letter report, and recording fee. These fees typically range between $149 - $1,000 depending on the number of units, occupancy status, and the amount of the credit line requested. Additional loan programs may be available based on creditworthiness. Homeowner’s insurance on the property securing this plan is required. All loans subject to approval. Offer is subject to change or cancellation without notice.