Search Our Website
Quick Links:
A Home Equity Line of Credit is perfect when you want to draw on cash over a period of time. You can use your home’s equity to make property improvements, take a vacation, or consolidate your bills. Now offering introductory rates as low as 4.99% APR* for the first 12 months.
* APR = Annual Percentage Rate. Information accurate as of May 1, 2024. You must be eligible for membership and approval for a loan to participate. The Credit Union reserves the right to change the terms of or discontinue this offer at any time without notice. APR dependent upon member eligibility and creditworthiness. Not all applicants will qualify for the lowest rate. 4.99% introductory promotional APR available for A+/A credit tier (680 or above) for 12 months after the loan is funded. Upon expiration of introductory rate, all balances will accrue interest at the variable standard Annual Percentage Rate (APR), published in the Wall Street Journal Prime Rate plus a margin of 1% (currently an APR of 9.00%) not to be less than 3.75% or exceed 18% at any time. At the beginning of the thirteenth month, your regular rate will go into effect. Minimum monthly payment may change because of rate change or outstanding loan balance. Home Equity products are subject to standard underwriting criteria, Loan to Value limitations, lien position, property use and location. The Credit Union reserves the right to add any closing costs advanced on your behalf to the balance of the loan if the account is closed within two (2) years. Consult your Loan Officer for Details. The annual percentage rate can change quarterly on the first day of January, April, July, and October. Rates cannot increase more than 2% quarterly at each adjustment and 6% over the life of the loan, based on the original non discounted rate. Borrow up to 90% of appraised value for promotional rate for Home Equity Line of Credit. This offer is limited to owner-occupied, single-family dwellings and is not valid for rental properties, cooperatives, mobile homes or residential lots. Maximum loan amount is determined by the amount of equity in your home, based on appraised value. This offer is available for new equity line members only. Hazard insurance required. Flood insurance required where applicable. Loan amounts range from $5,000 to $200,000. Minimum initial advance of $5,000. Exclusions and limitations apply. Refer to HELOC Early Disclosure or ask a Loan Officer for details. Please consult your tax advisor regarding interest deductibility. This offer may be withdrawn at any time. This offer may not be combined with any other offers or discounts. NMLS# 456949. Equal Housing Opportunity Lender.
Please contact a credit union representative at 877-463-7828 for more details
By accessing this link, you will be leaving Champions First Credit Union's website. Our website contains links to third-party sites not controlled or operated by Champions First Credit Union. These links are provided solely for your information and convenience. Champions First Credit Union does not endorse linked websites, the views they express, or the products/services they offer. Champions First Credit Union bears no responsibility for and makes no representations or warranties regarding the accuracy, legality, security, or content of the linked third-party site or for that of any subsequent links. By continuing, you will be subject to the privacy/security policies and terms of use of the third-party site, which may differ from those of Champions First Credit Union. Champions First Credit Union cannot guarantee the accessibility of content or features on any third-party websites that are navigable from ChampionsFirst.org.
