Home Equity Line of Credit
Our five year fixed rate home equity line of credit is just what you need to get the job done.
- Flexible Use - If you are considering home improvements, college funding or vacation plans your most advantageous resource can be your Home Equity Line of Credit.
- Interest May Be Tax Deductible - At tax time, you may be able to deduct the interest paid on your UNION Savings BANK Home Equity Line of Credit. Of course, you’ll want to check with your tax advisor to fully understand the benefits of using a Home Equity Line of Credit.
- Debt Consolidation - Are you paying a higher interest rate on a credit card or loan? Payoff other debt with your Home Equity Line of Credit and realize immediate savings!
Visit any of our five branch locations and learn more about this great offer today!
*Annual Percentage Rate. Loans subject to credit and property approval. Not available for refinance of existing loans currently financed by UNION Savings BANK. Maximum loan to value ratio of 80%. Loan amounts and rates shown apply to loan terms of 5 years. Rates subject to change without notice. The advertised rate is available to applicants with a minimum credit score of 720. Minimum payment example: A 5 year home equity line of credit for $15,000 with a rate of 2.85% APR would have 59 monthly payments of $35.63 and a final payment of $15,035.63. To open and maintain a line of credit you may pay fees that range from $700 - $750. Property insurance is and flood insurance may be required. Other rates and terms available.