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HOME EQUITY LINES OF CREDIT
A HELOC is a revolving line of credit borrowed against the equity of your
property. Longs Peak Credit Union offers low HELOC interest rates, one low
fee, and an easy application process.
To Apply Now!
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Property
must be owner occupied |
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Property
must be in Colorado |
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$200.00 processing fee |
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Contains
variable rate that is based on Prime rate |
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Maximum
loan amount is $100,000.00 |
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Maximum
loan term is 180 months |
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Value is
based on 90% of appraisal or 100% of tax assessment |
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Minimum
interest rate is 6.00% - Maximum interest rate is 18.00% (rate may be
adjusted monthly) |
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The rate
is determined by your credit score (credit score appears on credit report) |
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The draw
period is available within the first five years and the remaining ten years.
The loan contract shall be classified as closed in note with variable rate. |
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Checks
may be ordered to access the HELOC. Each check or advance must be a
minimum of $250.00. |
**Call (970) 667-8585 today for more information.**
for the current
HELOC rates
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