Home Equity Line of Credit Rates (HELOC)
Term | APR |
---|---|
15-Year (interest only or standard repayment) 15-year maturity with a 5-year Draw period and a 10-year Payback term Up to 85% LTV | 5.99% 6-month Intro Rate *Rate changes to Prime + 0.00% (VAR APR) |
20-Year 20-year maturity with a 10-year Draw Period and 10-year Payback term Up to 85% LTV | 5.99% 6-month Intro Rate *Rate changes to Prime + 0.25% (VAR APR) |
15 year maturity with an initial 5 year funds draw period. Rate is OAC. See credit union for complete details and requirements for all mortgage loan products. VAR=Variable.