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PUT YOUR EQUITY TO WORK FOR YOU. YOU'RE PRE-QUALIFIED!
Dear Valued Member,
The equity in your home is one of your most valuable financial tools. Use it to consolidate higher interest debt, make home improvements, or pay for a college education.
Two Great Loan Options
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Home Equity Line of Credit
• Borrow only what you need, when you need it • Save with a low 3.99% APR* for 90 days • Keep saving with a rate as low as Prime minus 1.01% thereafter (currently 7.24% APR*) |
Fixed Rate Home Equity Loan
• Borrow up to 100% of your available equity • Fixed, predictable rate and payment to help with budgeting • Save money with rates as low as 7.30% APR* • Finance a major purchase or project
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What's more there are no fees or closing costs** and the interest you pay is generally tax deductible (consult your tax advisor for deductibility).
Get started today. It's easy! Call (800) 328-LFCU, apply online or schedule an appointment online by clicking below.
We thank you for this opportunity to serve your financial needs.
Sincerely,
Lockheed Federal Credit Union
P.S. Not sure what your home is worth? Get your FREE home valuation now.
*APRs are our best rates based on credit worthiness, credit score, and a maximum combined loan to value (CLTV) of 70% as of 1/17/07. HELOC: Rates, terms, and conditions subject to change. Rates may vary. Maximum APR is 18%. APR= Annual Percentage Rate. For a limited time 3.99%APR Introductory Discounted Variable Rate for the first ninety (90) days from the date your PrimeLine Agreement and addendum are executed; will convert to the index rate then in effect, plus your qualifying Margin without application of Periodic Rate Cap limitation. Minimum credit limit $10,000. Maximum credit limit $500,000. **No closing costs if credit limit is $250,000 or less, and HELOC is not closed within the first 36 months following date line of credit is established. Estimated closing costs on limits in excess of $250,000 approximately $1,000. Attorney fees apply in FL, MD, VA, NH, MA, and ME and range from $300 to $700. PrimeLine HELOC also available in AZ, CA, FL, MD, VA, NH, MA, and ME only. Minimum interest only payments require balloon payment at maturity. Fixed Home Equity Loan: Requested loan amounts over $100,000 require applicant to also pay appraisal and title fees. Attorney fees apply in some states. A $50,000 loan amount =180 monthly payments of $457. PMI not required. Minimum credit limit $10,000; Maximum credit limit $500,000.
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