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Blog > 2008 > November > Home Equity Loans Now As Low As 3.50% AP...
November 13, 2008

Home Equity Loans Now As Low As 3.50% APR

We've lowered our home equity loan rates once again. Now, you can get a home equity loan from Financial Center for as low as 3.50% APR*. These loans come with the following features:
  • No closing costs
  • No annual, maintenance, or transaction fees
  • Up to 90% of equity

Plus, once you close on your loan and you make an initial advance of at least $2,500, we'll give you a $250 Home Depot gift card.

Apply online today at www.fcfcu.com.

 *APR - Annual Percentage Rate. The interest is based on the National Prime Rate (as published in the Wall Street Journal) (currently 4.00% as of October 2008) minus 50 basis points (currently 3.50% as of October 2008) for loan-to-value (LTV) less than or equal to 90% and line of credit over $50,000. Offer may be withdrawn if you do not meet criteria, available equity and property type. Your minimum monthly payment will equal any accrued finance charges, late charges and fees during the billing period. Monthly payment will not be less than $50 of loan balance. Finance charge calculated by determining Average Daily Balance and multiplying by the Monthly Periodic Rate. Could borrow $10,000 and pay only $50 a month for the first 10 years. Minimum APR is 3.50%. Maximum APR is 18%. This offer is nontransferable. Property insurance required. Primary residence must secure credit lines (investment properties are not eligible for this product). Interest may be tax deductible, consult your tax advisor. Rates adjusted to equity position. Some applicants will not qualify. Closing cost ($250-$500) will be repaid if loan is paid off within 24 months. Must close loan and make an initial advance of $2,500 to qualify for Home Depot $250 gift card. Promotion expires 11/30/08.

Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI