Aloha Pacific FCU’s New HELOC is a Dream Come True
If you’ve been waiting for the right Home Equity Line of Credit for all your financing needs, look no further than Aloha Pacific Federal Credit Union’s new HELOC, offering an incredible first-year rate and then a very competitive rate for the next four years:
• 0.35% APR for the first year… and then….
• 3.50% APR for years 2-5
• After 60 months, the APR is variable
• No annual fee
• Receive up to $500 in closing costs
This is the HELOC for those big-ticket items such as home renovations, landscaping, a photovoltaic system and school tuition. Or finally take that exotic, once-in-a-lifetime vacation or pay off higher-interest bills or medical expenses.
It’s all up to you.
Visit any APFCU branch, call 531-3711 or apply online at alohapacific.com – and see how your home’s equity can work for you!
Rate effective 12/13/15 & subject to change. Program may be modified or canceled at any time. Membership ($5 in Regular Savings) required. Subject to credit approval. APR = Annual Percentage Rate. See branch for more information about applicable fees & terms. Some restrictions may apply. HELOC offer is a promotional rate of 0.35% APR for 12 months, then 3.50% APR for 48 months.
After 60 months, the APR is variable. The current index rate is based on the prime rate published in the Wall Street Journal, plus 1.00%, adjusted quarterly (5.00% min. & 18.00% max), with a 10-year draw and 30-year amortization period. Maximum line: $250,000. Applies to owner-occupied properties with required insurance. Maximum loan-to-value of 80% in Hawaii; maximum loan-to-value of 70% in Nevada. Estimated 3rd party fees (ALTA policy, appraisal, trust review & attorney, etc.) for a $250,000 HELOC are $500 to $2,500. APFCU offers up to $500 closing credits against all 3rd party fees with an initial draw of $10,000 or more at closing; all closing credits paid by APFCU must be reimbursed if the loan is closed before 36 months from the opening date.