No Closing Costs on Home Equity Line of Credit Loans - for a limited time only!
Let USPS FCU help you to fix up your home the way you want it vs. finding a new home. Let the equity in your home help you enjoy your home even more. Pay no closing costs* on a USPS FCU Home Equity Line of Credit Loan from October 1st - November 30th.
As a valued member of USPS FCU, you'll enjoy:
- Rates as low as 3.25% APR* for up to 30 years on a Home Equity Line of Credit with a 15 year draw period.
- No Closing Costs
- Borrow up to 90% LTV1 (Loan-to-Value)
- Loan amounts from $10,000 to $200,0002
- Potential tax savings3
Call us at 800-877-7328 to speak with one of our Home Equity Specialists to get started.
Learn more about our Home Equity Line of Credit by clicking here.
*APR = Annual Percentage Rate. Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union, including the cost of appraisal. Fixed-rate home equity loans are not eligible for this promotion. Home equity lines of credit loans must be approved between October 1, 2020 and November 30, 2020 in order to qualify for this promotion. Other rates and terms available. Not available in Texas, Puerto Rico or the Virgin Islands.
1Maximum LTV (loan-to-value) ratio is 90%. LTV and loan amount are based on applicant's credit history. Other restrictions may apply.
2Borrower must access a minimum of $10,000 at time of loan funding on line of credit loans. For loan amounts of $100,000, closing costs typically range between $800 and $2,800. Closing costs can vary based on the location of the property and the amount of the loan. Sample rate for home equity line of credit: A loan with a principal balance of $10,000 at 3.25% (based on prime rate) would require a payment of $70.26 with approximately $27.08 applied to interest and $43.18 applied to principal in a 31 day month. The prime rate is the Wall Street Journal prime rate as of the last business day of the month. Stated rate accurate as of October 1, 2020.
This offer does not apply to any existing Home Equity loan products. This offer cannot be combined with any other offer. Credit Union membership is required. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice.
3Consult with tax professional for tax savings advice.
NMLS ID: 501858. Equal Housing Lender