Home Equity
Line of Credit

Don't fall behind on your home's improvements.

Be prepared for what's coming down the pike with
a HAR-CO Home Equity Line of Credit.

Apply Online

HELOC

A line of credit is a reusable and flexible source of ready cash allowing you to unlock the equity in your home. 

Product

Intro APR* (12 months)

Standard Variable APR*

Home Equity Line of Credit

<80% Loan to Value - Prime Rate

3.00%**

4.75%

*APR = Annual Percentage Rate. Rates on these loans are variable and are subject to change without notice. Maximum APR is 18%.

**The introductory rate is as low as 3.00% APR (Wall Street Journal Prime Rate of 4.75% APR effective as of November 1, 2019, minus 1.75% introductory 12 month promotional discount). However, the APR shall never be lower than 3.00% during the life of the loan. The promotional discount of 1.75% applies for the first 12 months for new lines of credit only and cannot be used to pay off an existing HAR-CO Home Equity Line of Credit. Following the introductory period, the APR may vary based on the then-current prime rate as published in the Wall Street Journal. Prime Rate can change. Other interest rate discounts may apply if you qualify. Not all applicants will qualify for the lowest rate. Rates advertised are based on a maximum combined loan-to-value (CLTV) of 80%.

No Closing Cost Option available if initial draw is $20,000.00 or more. If less than $20,000.00 you will be charged third party fees ranging between $500.00 and $1,700.00. If balance is paid off or plan is closed within 24 months of being opened you must reimburse to HAR-CO third party fees paid for you. The HELOC program is available in MD, PA and DE. Property insurance is required. Flood insurance may also be required. Loan subject to credit approval. Membership eligibility required. Ask for details.

Use the equity in your home for whatever you wish.

  • Low competitive rates
  • Ready cash for tuition, home Improvements, consolidation
  • Borrow up to 80% of your home equity ($300,000.00 maximum)
  • No closing costs on loan ($20,000.00 or more)
  • Interest only available
  • Low monthly payments

Why put off until tomorrow what you can do today? Contact a Mortgage Officer now.

terry306_402op

Terry Miller-Snee

Mortgage Officer

410-838-9090 ext. 1249
terrym@harcocu.org
NMLS #663307

 

angie306_402op

Angie Gregory

Sr. Mortgage Officer

410-838-9090 ext. 1252
angieg@harcocu.org
NMLS #135040

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