through all of 2019 for all credit scores.
No closing costs or application fee.
*.99% Introductory Annual Percentage Rate (APR) is available on Home Equity Lines of Credit with a 90% loan-to-value (LTV) or less. The Introductory Interest Rate will be fixed at .99% from inception to December 31, 2019. Offer is available for new applications submitted from April 1 - June 30, 2019. After the introductory period: the APR is variable and is based upon an index plus a margin. The APR will vary with Prime Rate (the index) as published in the Wall Street Journal. As of April 1, 2019, the variable rate for Home Equity Lines of Credit ranged from 5.25% APR to 12.00% APR. Higher rates may apply due to an increase in the Prime Rate, for a credit limit below $25,000, an LTV above 85%, and/or a low credit score. The rate will not vary above 18% APR or below .99% APR. Loans are subject to credit approval and program guidelines. Interest rates and program terms are subject to change without notice. Property insurance is required. Member pays no closing costs unless the loan is closed within 36 months. If the loan is closed within 36 months, the member must re-pay all closing fees. Equal Housing Lender. Federally insured by the NCUA.
Up to 85% LTV*
Up to 85% LTV*
Up to 85% LTV**
15 year amortization
(Prime- .25%) Today's Prime Rate = 5.50%
**Home Equity Lines of Credit (HELOCs) are variable rate products. Annual Percentage Rate (APR) as low as 5.25% for qualified members. Rates may vary based upon one or more of the following: credit rating and value of collateral. Minimum rate is 5.25%. Maximum rate is 18.00%. Maximum LTV (Loan to Value) is 85%, 90% LTV with a rate increase of .25%. Owner occupied properties only. No application or processing fee. Rate will be published in The Wall Street Journal. Variable rates may be adjusted quarterly by applying the predetermined margin to the index published 15 days prior to the change date. Example - $107.87 payment on a $25,000 initial draw with a 5.25% APR (payments adjust with rate increases, minimum payment $50). Equal Housing Lender. TrueCore Federal Credit Union, 215 Deo Drive, Newark, Ohio 43055. NMLS# 470044
***If line is closed within the first 36 months, member will be responsible for paying all fees associated with obtaining the loan.