About Our New Home Equity

Home Equity Line of Credit (HELOC)

Annual Percentage Rate as LOW as:

Maximum Amount Financed:

Maximum Term:

Home Equity

Line of Credit

(HELOC)

5.00% APR

Variable Rate

Wall Street Prime plus

.50% APR

50% of Value of Property

HELOC plus 1st Lien

cannot exceed 80% of

Property Value

180 months

60 month draw

10 year repayment after

draw

Finance Charges may be Tax-Deductible on Secured Home Equity (consult your tax advisor)
For Life or Home Improvement...take a vacation, pay for college, bill consolidation or add a room, remodel, add a pool
Minimal Closing Costs / No Origination Fee (Home Equity)
Easy Payment Options
Simple Interest
Minimum Amount $15,000
Minimum advance at closing $4000
Credit Life Insurance available (maximum repayment term 120 months)
Credit Disability Insurance available (maximum repayment term 120 months)
Home Owner's Insurance - Insurance products and services are offered through Southwest Business Corporation (SWBC). Each insurance quote is based on individual circumstances. Rate quotes are not guaranteed. 1st Community Federal Credit Union is not affiliated with Southwest Business Corporation (SWBC.)
Involuntary Unemployment Insurance available (temporarily unavailable)

Rates and Terms based upon approved credit. All Rates subject to change. Rates updated 06-29-10.

We are an Equal Credit Opportunity Lender and an Equal Housing Lender. Member NCUA.

APR - Annual Percentage Rate