Genisys Credit Union: Home Equity Line Of Credit

This loan is a revolving line-of-credit secured by the equity in your home

Low variable interest rates

Minimum of $5,000 with a maximum of $250,000

Minimum monthly payment is 1.2% of the outstanding balance as of the last advance

Limits up to 80% of the appraised value of your home (less mortgage and liens)

Property must be owner-occupied

$200 application fee returned when loan is disbursed

This loan has a variable rate and the maximum APR that can apply during the plan is 18%

Tuesday, January 6, 2009

5.25%*

7.00%*

4.22%**

1.92%**

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*APR=Annual Percentage Rate | **APY=Annual Percentage Yield
© 2009 Genisys Credit Union