Home Equity Line of Credit (HELOC) Apply for a Loan today!
Home remodel? Dream vacation? College tuition? Debt consolidation?
Plans that seemed distant are now within reach thanks to your home! With competitive rates and flexible payment options, we have the program to fit your needs. Borrow what you need, when you need it, with an open-end revolving line of credit secured by the equity in your home1.
- Introductory rate of 1.99% APR2
- Non-introductory rates as low as 4.50% APR2
- Financing up to 80% of the property value, minus the first mortgage
- Terms up to 15 years
- 5-year draw period, 10-year repayment period
- We pay half of the closing costs!3
1Primary residence owned by the member(s). 2APR = Annual Percentage Rate. Introductory Rate for first 6 months is 1.99% APR. Thereafter, variable rate will range from Prime minus 1% with a floor rate of 4.00% APR to a max rate of 18.00% APR. Maximum rate change in 12-month period is 2.00% APR. Interest rate is based on creditworthiness. Loan is subject to credit union eligibility and underwriting guidelines. Fees up to $3,500.00 may be charged by SUN Credit Union or third party. 3SUN Credit Union will pay half of the closing cost provided a minimum draw of $10,000.00 is taken and the loan is not paid off within 24 months.
First Mortgage or Refinance
Whether you’re buying a new home or refinancing your current home, SUN Credit Union and Fembi Mortgage can help! Conventional, FHA/VA, Rate and Term or Cash Out Refinance available.
- Fixed and adjustable rates
- Flexible terms
- Low closing costs
- $350 Lender credit
- Mortgage Insurance discount