A home equity loan can be used to finance practically anything, and spring is a great time to remodel your home. With our low rate home equity loan, we can make your dreams come true and help you get started in the right direction. For a limited time only, when you finance a home equity loan with Houston Federal Credit Union, you will receive a $100 gift card for The Home Depot® at loan funding, courtesy of HFCU.
Plus the interest you pay on a home equity loan is usually tax deductible*, which further reduces the cost of borrowing. In addition to saving money with our super low rates, we’ll also pay your normal closing costs!**
Texas Fixed Rate as low as 3.20% APR*
South Carolina Fixed Rate as low as 3.70% APR*
Hurry! These low rates are only offered June 1, 2017 through June 30, 2017.
Simply give us a call at 1-866-OUR-HFCU today or stop by any of our offices to apply for your loan.
*Consult a tax advisor regarding the deductibility of interest on a Home Equity Loan. **The credit union will pay normal closing costs which include the following fees: title search, recording, release of lien, flood determination, and credit report. Additional fees, such as any necessary title insurance, appraisal, survey, and attorney fees will be the responsibility of the member. This is not limited to promotional period. Normal credit criteria apply. Rates for approved loans are based on applicant’s credit history. Loan term, loan to value (LTV), and/or down payment, for example, may vary based upon your credit history. Other restrictions may apply and rates are subject to change without notice. Stated “rates as low as” apply to 1st liens only. Texas residents: The combined principal amount of all loans in which the debtor’s home serves as collateral may not exceed 80% of the fair market value of the home and Texas residents may only have one home equity loan or HELOC per 12 month period. MINIMUM PAYMENT EXAMPLE: If you financed $10,000 for 5 years at a 3.20% annual percentage rate, your approximate monthly payment would be $180.64 for 59 payments with an approximate final payment of $180.39. South Carolina residents: The mortgage amount may not exceed the lesser of 90% of the taxed assessed value or 80% of a certified appraisal. South Carolina residents are limited to one home equity loan or HELOC at a time. MINIMUM PAYMENT EXAMPLE: If you financed $10,000 for 5 years at a 3.70% annual percentage rate, your approximate monthly payment would be $182.81 for 59 payments with the approximate final payment of $183.06. This promotion applies to first and second lien Home Equity Loans. Houston Federal Credit Union is not affiliated with The Home Depot®. The Home Depot® is not a sponsor of this promotion. The Home Depot® is a registered trademark of Homer TLC, Inc. APR is Annual Percentage Rate. Promotion may end at any time and without notice.