Pressing needs that arise in life. A leaky roof, more room for a growing family, money for emergency surgery: all could be good reasons to borrow against the equity in your home.
The Credit Union’s current variable rate is 4% APR. Depending upon the amount of equity in your home, the PFCU home equity loan may be able to provide up to $100,000 in a line of credit you can draw upon for up to eight years, with 15 years to repay. The variable rate can rise no more than 5% from your initial rate over the life of the loan.
If you need money for any prudent purpose, check with your Credit Union. Any use of home equity should be carefully considered, however, and we will be happy to discuss your financial needs with you first. Call us for an appointment at:
(909) 594-1866
*On approval of credit; 7.9% is our lowest rate available to well-qualified members. The 7.9% annual percentage rate (APR) finance charge is calculated by multiplying the verage daily balance by the daily periodic rate of 0.021644% (corresponding annual percentage rate is 7.9%). The grace period for the new balance of purchases extends to the payment due date. No grace period on cash advances.