Are you taking advantage of your home’s value? Make the most of owning a home with a TCAFCU Home Equity Loan!
Your home holds so much financial potential. It’s time to explore what its equity can do for you. With a home equity loan, you can take care of a variety of expenses, from renovation projects to tuition costs.
Our Home Equity Loan sets itself apart by offering:
Flexible terms up to 240 months
Up to 90% LTV
Possible tax benefits (Please consult a tax advisor.)
Home Equity Loans 80% LTV
*APR as low as (Primary Residence)
*APR as low as (Investment)
0 to 36 Months
6.00%
9.75%
37 to 72 Months
6.25%
10.00%
73 to 120 Months
6.75%
10.75%
121 to 180 Months
7.25%
11.00%
181 to 240 Months
7.75%
N/A
*APR = Annual Percentage Rate. Rate is subject to change. The rates stated above are the lowest rates offered. Actual Annual Percentage Rate (APR) may vary based on creditworthiness, loan-to-value and terms of the loan. Not all members will qualify for the lowest rate. Loan Payment Example: $10,000 for 240 months at a rate of 7.75% APR is a monthly payment of $82.09
Home Equity Loans 90% LTV
*APR as low as (Primary Residence)
0 to 36 Months
7.00%
37 to 72 Months
7.25%
73 to 120 Months
7.75%
121 to 180 Months
8.25%
181 – 240 Months
8.75%
APR = Annual Percentage Rate. Rate is subject to change. The rates stated above are the lowest rates offered. Actual Annual Percentage Rate (APR) may vary based on creditworthiness, loan-to-value and terms of the loan. Not all members will qualify for the lowest rate. Loan Payment Example: $10,000 for 240 months at a rate of 8.75% APR is a monthly payment of $88.37
Home Equity Line of Credit
Variable rate line of credit
Ability to draw cash as needed
Possible tax benefits (Consult a tax advisor)
Home Equity Line of Credit
*APR as low as (Primary Residence)
*APR as low as (Investment)
Home Equity Line of Credit – 80% LTV
6.75%
7.75%
Home Equity Line of Credit – 90% LTV
7.75%
NA
The Home Equity Line of Credit has a variable rate feature and the Annual Percentage Rate (APR) and the monthly minimum payment can change as a result. This variable rate is based on prime and can change quarterly. Your rate will not be less than 4% APR (floor rate) or greater than 18% APR (maximum allowed by law). The minimum monthly payment is $100.00. Actual Annual Percentage Rate (APR) is based on an index and may vary according to creditworthiness, loan-to-value and terms of the loan.
