Suddenly, accomplishing your goals is very possible. If you haven’t heard, the rate on Southeastern’s Home Equity Line is at a historic low. Now is an excellent time to use the equity in your home to make investments, complete projects, and/or use for any purpose you choose.
Use the equity in your home to:
Consolidate multiple bills into one, low rate Home Equity Line
Remodel your home and add value to it
Take a much needed vacation or visit loved ones
Finally get the boat, camper, or motorcycle of your dreams
Go back to school and improve your economic status
Experience a “Credit Union” Home Equity Line:
No loan fees
Flexible terms to 15 years
No pre-payment penalties
Very low rate
Low monthly payment
Unlimited time draw period
Tax deductible interest (consult your tax advisor)
No closing costs if line of credit is $10,000+
It’s easy to get the funds you need. Just stop by any branch office, give us a call, or apply here.
*Your annual percentage rate is based upon the Prime Rate as listed in the Money Rates section of the Wall Street Journal. Prime is a variable rate; as it changes, the APR on your account will change. The discount and rate you receive may vary. Normal credit conditions and qualifications apply to receive this loan. To receive the 4.5% APR, loan must be 80% loan to value and you must have a credit score of 740+. The APR can change on the first day of each month and cannot increase or decrease more than 2% in any one-year period. The APR cannot increase more than 6% above the initial rate stated. As of 5/15/08, the minimum APR we allow for this plan is 4.5% and the maximum is 18%. All loans have an unlimited time draw period and require monthly payments. Late charges – if your payment is late, we may charge you 5% of the payment or $5.00, whichever is greater. Terms are subject to change without notice. Contact the Credit Union for complete details.
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