HELOC & Second Mortgages
Make the most of your home's equity
What is a HELOC?
Borrow from your home's equity
Traits of a HELOC:
- 20-year term (10-year draw)
- No Private Mortgage Insurance (PMI)
- Available in most states
|HELOC 20-Year Term (10-Year Draw)*||8.50%||8.50%|
**Rate stated as Annual Percentage Rate. Membership and eligibility required. Terms and conditions apply. O.A.C.
|5-Year 2nd Mortgage||6.50%||6.50%|
|10-Year 2nd Mortgage||7.00%||7.00%|
|6-Year Balloon (15-year amortization)||7.50%||7.50%|
|6-Year Balloon (30-year amortization)||7.75%||7.75%|