Anything is Possible with a Home Equity Line of Credit from SPC!
If you could travel anywhere, where would you go? What additions do you want to make to your home? Does your child have a college he or she would like to attend? You can make all these plans a reality with a Home Equity Line of Credit!
A Home Equity Line of Credit allows you to borrow against the equity you have established in your home. You will enjoy the convenience of easy access to cash as you need it and save money! We even pay up to $500 in closing costs.**
Rates as Low as
3.50% APR*
Contact our Mortgage Department at 843-332-4506 or 1-800-249-8459 and you will realize anything is possible!
*Annual Percentage Rate. The prime rate is the highest prime rate published in the “Money Rates Table” of the Wall Street Journal on the last business day of each quarter. Prime is a variable rate; as it changes, the APR on your account will also change. The APR will be based on the prime rate minus 1.00% with a minimum floor rate of 3.50% for less than 85% LTV. The maximum APR that can apply is 18.00%. Credit is subject to approval. A Home Equity Line of Credit is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate. This type of credit is not available for manufactured homes. Loan fees and closing costs may vary up to approximately $800. Flood and/or property hazard insurance may be required. Other restrictions may apply. The present APR of 3.50% is current as of March 15, 2013. Promotional rates ends on September 30, 2013. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Consult your tax advisor regarding the deductibility of interest.
**With minimum advance of $5,000 at closing.