Updated On August 16, 2024 7:04 AM
| Program | Intro APR* | Index (Prime)1 | APR* | Margin2 |
|---|---|---|---|---|
| HELOC (credit score >719) | 5.99% | 8.50% | 8.50% | 0.000% |
Fixed Intro APR* as low as 5.99% valid for 6 months; after which will change to the regular rate. “Regular” rate after intro rate is variable. Loan subject to borrower and property qualifications, not all applicants may be approved.
1. The variable APR is based on The Wall Street Journal Prime Rate (the “Index”) plus a margin. This rate may vary with changes in the Prime Rate. The maximum APR that can apply is 18.00%. The minimum credit limit and loan amount is $25,000; maximum is $250,000. 10-year draw period followed by a 15-year repayment period.
2. Margin – Your margin may vary depending on your credit score. Margin ranges between 1% - 2%.
Updated On August 16, 2024 7:04 AM
| Program | Rate | APR* | Fee | # Monthly Payments | Monthly Payment |
|---|---|---|---|---|---|
| 15-year Fixed Home Equity Loan | 9.250% | 9.530% | $0.000 | 180 | $1,029.19 |
| 20-year Fixed Home Equity Loan | 9.625% | 9.864% | $0.000 | 240 | $940.31 |
180 Month Payment example based on a loan amount of $100,000.
240 Month Payment example based on a loan amount of $100,000.
Updated On August 16, 2024 7:04 AM
| Program | Rate | APR* | Fee | # Monthly Payments | Monthly Payment |
|---|---|---|---|---|---|
| 15-year Fixed Home Equity Loan | 9.375% | 9.568% | $0.000 | 180 | $2,591.74 |
| 20-year Fixed Home Equity Loan | 9.750% | 9.916% | $0.000 | 240 | $2,371.29 |
180 Month Payment example based on a loan amount of $250,000.
240 Month Payment example based on a loan amount of $250,000.
*APR = Annual Percentage Rate.
Home Equity Line of Credit and Home Equity Loan are secured by your home. Loans made subject to borrower and property qualifications, not all applicants may be approved. Based on owner-occupied, California primary residences or second home only. Home Owner’s Insurance is required.
Rates are subject to change without notice. Conditions, restrictions, fees, and terms may apply.
Financial Partners Credit Union membership required.