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LCFCU's Home Equity line-of-credit is your economical and
totally convenient option for funding large and recurring expenses
like home improvements, education, investments, vacation or retirement
homes, and other major expenses. Interest is generally tax deductible
too (be sure to check with your tax consultant for advice about your
specific situation). LCFCU members may APPLY TODAY for a Home Equity Line Of Credit.
Three revolving HELOC plans to choose from
- Up to 80% of value for limits exceeding $100,000
- Up to 90% of value for limits up to $100,000
- Up to 100% of value not to exceed $50,000
Click to view all CURRENT RATES & Specials
The same competitive benefits apply to all HELOC plans above.
- No closing points
- Interest-only payment options
- Consumer-friendly variable rate tied to prime rate
- Quick settlements in just a few days with personal LCFCU staff
service
- Convenient access to advances at more than 4,200 branches nationwide
- Convenient check, phone or teller advances
- Convenient advance transfers to checking so you can write yourself
a loan
- No large balloon payments at the end with stable monthly principal
and interest payments
- FREE 25-Pak of high-quality personalized LCFCU designer checks
- 10-year draw period with up to 15-year repayment period at expiration
of the draw
- Total real estate indebtedness to $550,000
- Simple interest financing with no prepayment penalties
- Line-of-credit loans available on properties in DC, MD, VA,
NJ, PA, DE and WV
- Closing costs will be repaid to LCFCU only if a HOME equity
line of credit loan balance goes below $10,000 within 24 months
of initial disbursement.
Come HOME to LCFCU now for long-term financial value!
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