Take Advantage of Your Home Equity
Turn your home ownership into a more rewarding experience with a Home Equity Line of Credit from CGR Credit Union. If you have built solid equity in your home, a home equity loan is one of the smartest ways to borrow money. Capitalize on the value you’ve built up in your property with cash for home improvements, educational expenses, debt consolidation, medical expenses, and more.
A Home Equity Line of Credit from CGR Credit Union carries a competitive interest rate and the personalized service you’re accustomed to receiving from your credit union.
Take advantage of our HELOC promotion going on NOW with a 6-month Introductory APR rate of 4.99%*.
Minimum First Advance - $10,000
Minimum Loan Amount - $15,000
No Closing Cost
Disclaimer:
*Annual Percentage Rate
**A limited time offer. Rates do not apply to existing CGRCU home equity loans. Must be primary residence of applicant. The promotional rate of 4.99% APR for 6 months begins from the date of closing with an initial loan advance of $10,000. The 4.99% Introductory APR is fixed during the Introductory Period for all credit advances taken during such period. Minimum loan amount of $15,000; maximum loan amount of $100,000. CGR Credit Union will pay closing costs on new Home Equity Line of Credit applications. HELOCs have a 5-year draw period, and a 15-year repayment period. Credit and collateral are subject to approval. Credit application required.
After the Introductory Period ends, the APR is variable and is based upon an index and a margin. The variable APR will apply to the outstanding balance as of the end of the Introductory Period. Maximum APR is 18.0%; minimum APR is 4.0%. Margin, rate and payment amount may vary based on property value, loan amount, creditworthiness and other factors. Property insurance is required; flood insurance may be required depending on the location of the collateral.
Home Equity Line of Credit
Home Equity Line of Credit, 4.99% APR*, 6-Month Introductory Rate
Financing Up to 95% of Equity in Home for Qualified Borrowers
Minimum First Advance - $10,000
Minimum Loan Amount - $15,000
No Closing Cost
Primary Residence Only
Flexible Payment Options
Talk to a Member Service Officer today about using the equity in your home!
Disclaimer:
*Annual Percentage Rate
**A limited time offer. Rates do not apply to existing CGRCU home equity loans. Must be primary residence of applicant. The promotional rate of 2.9% APR for 6 months begins from the date of closing with an initial loan advance of $10,000. The 2.9% Introductory APR is fixed during the Introductory Period for all credit advances taken during such period. Minimum loan amount of $15,000; maximum loan amount of $100,000. CGR Credit Union will pay closing costs on new Home Equity Line of Credit applications. HELOCs have a 5-year draw period, and a 15-year repayment period. Credit and collateral are subject to approval. Credit application required
After the Introductory Period ends, the APR is variable and is based upon an index and a margin. The variable APR will apply to the outstanding balance as of the end of the Introductory Period. Maximum APR is 18.0%; minimum APR is 4.0%. Margin, rate and payment amount may vary based on property value, loan amount, creditworthiness and other factors. Property insurance is required; flood insurance may be required depending on the location of the collateral.