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Home Equity Lines of Credit offer the advantage of using the funds at any time for any type of expense. You may borrow, pay back and borrow again during the entire draw period.
Home Equity Line of Credit Loan Programs and Features
Maximum CLTV Loan Amount Draw Period Rate
Introductory Rate for First 4 Months**
Fee Free 90% $250,000 10 years 2.900%**
90% $500,000 10 years Prime**
Non Owner-Occupied
70% $200,000 5 years Prime + 3.000%
**Your loan may or may not require a Margin with the Prime Rate
- 10 year draw with 20 year repayment for owner occupied
- 5 year draw with 12 year repayment for non owner occupied
***MEMBERS WITH A PTFCU REAL ESTATE LOAN AUTOMATICALLY QUALIFY FOR THE 60 BASIS POINT DISCOUNT ON SECURED LOANS OR 100 BASIS POINT DISCOUNT ON UNSECURED LOANS.
Actual rates vary. Rates & programs are subject to change without notice.
Interest Only Home Equity Line of Credit Loan Programs and Features-"Discontinued"
Maximum CLTV Loan Amount Occupancy Draw Period Rate
Introductary Rate for First 4 Months.**
Fee Free 90% $250,000 Owner 10 years "Discontinued"
90% $500,000 Owner 10 years "Discontinued"
**Your loan may or may not require a Margin with the Prime Rate
***MEMBERS WITH A PTFCU REAL ESTATE LOAN AUTOMATICALLY QUALIFY FOR THE 60 BASIS POINT DISCOUNT ON SECURED LOANS OR 100 BASIS POINT DISCOUNT ON UNSECURED LOANS.
All loans subject to credit approval. Rates and HELOC program features are subject to change at any time. Actual rate on the Home Equity Loans may vary based on your credit qualifications. Call our Member Service Center at (866)773-9835, Monday - Friday 7 a.m.- 5 p.m. for more information.
Actual rates vary. Rates & programs are subject to change without notice.
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