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Three revolving HOME line-of-credit plans to choose from
Up to 80% of value for limits exceeding $100,000
Prime minus TWO
Up to 90% of value for limits up to $100,000 Prime
minus TWO
Up to 100% of value not to exceed $50,000 Prime
minus TWO
The same competitive benefits apply to all HOME plans above.
- No closing points
- Interest-only payment options for as long as you need
- Consumer-friendly variable rate tied to prime rate
- Quick settlements in just a few days with personal LCFCU staff
service
- Convenient access to advances at more than 1,000 branches nationwide
- Convenient check, phone or teller advances
- Convenient advance transfers to checking so you can write yourself
a loan
- No large balloon payments at the end with stable monthly principal
and interest payments
- FREE 25-Pak of high-quality personalized LCFCU designer checks
- 10-year draw period with up to 15-year repayment period at expiration
of the draw
- Total real estate indebtedness to $550,000
- Simple interest financing with no prepayment penalties
- Line-of-credit loans available on properties in DC, MD, VA,
NJ, PA, DE and WV
- Closing costs will be repaid to LCFCU only if a HOME equity
line of credit loan balance goes below $10,000 within 24 months
of initial disbursement.
Come HOME to LCFCU now for long-term financial value!
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