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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. | ||
*Application fees including appraisal, flood certification, credit report, property search, and mortgage recording fees will be waived up to $750. Offer applies to all new Home Equity Loans and Home Equity Lines of Credit with a loan amount >$10,000 (new money). Primary residences only. If the loan is paid off within 12 months, closing costs will be added to your payoff balance. Offer begins 3/15/25 and will be available for a limited time only.