Home Equity Line of Credit For a Limited Time: No Closing Costs!!
Take advantage of the equity in your home to get the things you need. It's an excellent choice for financing home improvements, a college education or debt consolidation.
Borrow up to 85% of your home's value minus your existing mortgage (or mortgages).
Access your line easily by writing a special home equity line check for $100 or more.
There are no pre-payment penalties and no annual fee!
Interest you pay may be tax deductible. (Consult your tax advisor to be sure.)
Request an application package by visiting one of our branches or via e-mail to: firstname.lastname@example.org or call us at 800-868-8740. (Please provide your name and mailing address in the e-mail but do not include any other confidential information.)
For a limited time, SCU will pay all normal closing costs on new traditional Home Equity Lines of Credit (no more than once every 24 months).
Currently 2.9% APR for one year. The traditional Home Equity Line of Credit has a variable rate (maximum 18.00% Annual Percentage Rate) which is the Prime Rate as reported in The Wall Street Journal plus 1% APR.1
1The traditional Home Equity Line of Credit has a variable rate (maximum 18.00% APR) which is the Prime Rate as reported in The Wall Street Journal plus 1% A.P.R. Consult with your tax adviser about tax deductibility. As of 9/7/2010, the Prime Rate was 3.25%. Rates will adjust quarterly if there is a change in the Prime Rate. Flood and/or Property/Hazard Insurance may be required.