We’ll pay your closing costs.
For a limited time, SCU will pay all normal closing costs on new traditional home equity lines of credit. (No more than once every 24 months.)
2.9% APR for one year. Traditional home equity lines of credit have a variable rate and max 18.00%, the Prime Rate plus 1% APR.
Consult with your tax advisor about tax deductibility. As of 12/17/2015, the Prime Rate was 3.50%. Rates adjust quarterly if there is a change in the Prime Rate. Flood/property/hazard insurance may be required.
Rates effective as of December 17, 2015.