Special 5.90% APR HELOC Offer
Take Advantage Of A Special 5.90%* APR Home Equity Line Of Credit With ACU
Are you looking for ways to budget for inflation? A realistic way is to consolidate your debt into one monthly payment at a lower interest rate with a Home Equity Line of Credit from Associated Credit Union. Use the equity you’ve built in your home to pay off credit cards or other outstanding loans. You’ll make one monthly payment at a lower interest rate which puts money back into your monthly budget.
Get a 5.90% APR HELOC promotional rate when you take an advance of $5,000 or more from July 1, 2024 through September 30, 2024. After September 30, 2025, the promotional rate will revert to your disclosed interest rate. For an adjustable-rate HELOC, the rate is 8.50% APR as of 7/1/2024. For a new fixed-rate HELOC, the rate is as low as 9.50% APR as of 7/1/2024.
Take an advance from your HELOC before September 30, 2024 by calling 770-448-8200 ext. 2241 or from within Online Banking.
*APR = Annual Percentage Rate.
HELOC = Home Equity Line of Credit. Promotional advancement period is July 1, 2024 through September 30, 2024. All applications are due by August 31, 2024. Promotional interest rate is 5.90% with qualifications. The annual percentage rate for the adjustable-rate HELOC is based on the value of an index. The index is the “Prime Rate” published in the Money Rates section of the Wall Street Journal. The annual percentage rate for the adjustable-rate HELOC may change on the first day of each calendar quarter. The current non-promotional annual percentage rate as of 7/1/2024 is 8.50%. The maximum annual percentage rate is 18.00% with a floor of 4.00%. The current non-promotional rate for the fixed-rate HELOC as of 7/1/2024 is as low as 9.50%. Rate subject to change. If you have a fixed-rate HELOC with a current rate equal to or less than 5.90%, you will not be offered the promotional interest rate. Offer available to residents within the states of Georgia, Florida, North Carolina, South Carolina, Alabama, and Tennessee. Offer available to members who have a HELOC with a credit limit expiring on October 1, 2024 or later. All loans are subject to credit approval. Associated Credit Union assumes (unless otherwise noted) that: This is your primary residence and is a 1 (one) to 2 (two) unit property. Debt-to-income (DTI) ratio is equal to or less than 43%. Minimum representative credit score of 680. If your home is located in the state of Georgia, you will be required to pay an attorney fee which usually totals between $300.00 and $600.00 for title examination and closing and a recording fee which usually totals $25.00. If we deem an appraisal on your home is necessary, then you must pay an appraisal fee that is usually between $100.00 and $500.00. If your home is located outside of the state of Georgia, you will be required to pay attorney’s fees, recording fees, and taxes, which usually total between $400.00 and $800.00. If we deem an appraisal on your home is necessary, then you must pay an appraisal fee that is usually between $100.00 and $500.00. Other closing cost fees or taxes may apply. There are no fees or charges assessed to maintain your line of credit. Subject property must have hazard insurance coverage and, if applicable, flood insurance coverage. The minimum loan amount is $10,000 and the maximum loan amount is $250,000. Some restrictions may apply. Maximum loan amount is determined by the amount of equity in your home, based on appraised value. In order to qualify for the 5.90% promotional interest rate there has to be cumulative new advance(s) of $5,000 or greater during the promotional period. Minimum HELOC available balance has to be $5,000 or greater. Promotional interest rate ends on September 30, 2025, any promotional balances unpaid will revert to the regular contracted interest rate that is being charged on your loan. HELOC offer subject to change at any time. NMLS #401922.
