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Home Equity Options

Heloc

HELOC

Flexible Ongoing Access to Funds

  • Interest-Only PaymentsG.2
  • No Minimum Draw
  • Variable Interest Rate
  • Up to 95% Financing
How DO I HELOC It
Second Mortgage

Home Equity Loan

One-Time, Lump Sum Withdrawal

  • $10,000 Minimum
  • Competitive Rates
  • Fixed Repayment Schedule
  • Up to 100% TLTV Financing
I Want to Apply

What Can HELOC Do for You?

Home Equity Loan Rates

+TermInterest Rate (as low as)APRValueExample Payment per $1,000
  • Term
  • Interest Rate (as low as)
  • APR
  • Value
  • Example Payment per $1,000
+5 year fixed5.500%5.706%100%$19.11
  • 5 year fixed
  • 5.500%
  • 5.706%
  • 100%
  • $19.11
+10 year fixed6.00%6.111%100%$11.11
  • 10 year fixed
  • 6.00%
  • 6.111%
  • 100%
  • $11.11
+15 year fixed6.75%6.830%100%$8.85
  • 15 year fixed
  • 6.75%
  • 6.830%
  • 100%
  • $8.85

The total maximum loan to value ("TLTV") of the home is 100% for Home Equity Loan. TLTV will be determined by the value of your home less the balance of the first mortgage. Rates and maximum TLTV are based on borrower's creditworthiness. Minimum loan amount is $10,000. Must be owner occupied residential property located in the State of Oklahoma. Program not available on rental property, manufactured or modular homes. Property insurance is required. If the property is in a Special Flood Hazard Area, flood insurance is required if it's available. We will take a security interest in your home. You could lose your home if you do not meet the obligations in your agreement with us. Consult your tax advisor for tax deductibility. All loan programs, rates, terms, and conditions are subject to credit approval and underwriting requirements and may change at any time without notice. If you have any questions or require current rate information, please call the Credit Union at 800.256.5626 or 918.610.0200.

Your Home Equity Loan Potential

Determine your available equity by taking the current market value of your home and subtract any remaining liens on the home, including your current mortgage payoff balance.

Terms and Conditions The maximum total loan to value (“TLTV”) of the home is 100% for Home Equity Loan and 95% for HELOC. TLTV will be determined by the value of your home less the balance of the first mortgage. Rates and maximum TLTV are based on borrower’s creditworthiness. Minimum loan amount is $10,000. Must be owner occupied residential property located in the State of Oklahoma. Program not available on rental property, manufactured or modular homes. Property insurance is required. If the property is in a Special Flood Hazard Area, flood insurance is required if its available. We will take a security interest in your home. You could lose your home if you do not meet the obligations in your agreement with us. Consult your tax advisor for tax deductibility. All loan programs, rates, terms, and conditions are subject to credit approval and underwriting requirements and may change at any time without notice. If you have any questions or require current rate information, please call the Credit Union at 800.256.5626 or 918.610.0200. G.2 During the draw period.

Click here to find NMLS® ID Numbers.