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Mortgage Loan Rates at United Advantage FCU

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YES WE DO MORTGAGE LOANS!!

Use the Money in Your Home for:
Debt Consolidation - Remodeling - Education And Much More!

Shopping for a mortgage loan can be intimidating. Where do you start and who can you trust? United Advantage specializes in honest up front information. Our job is to ensure that you get the best deal possible. None of our loan officers work on commission of any kind. Both our staff mortgage experts and our hand-picked broker are trained to help you answer all your questions. Since they're the experts you don't have to be.

 

We have some great loans that will allow you access the equity in your home to consolidate debt, make home improvements, the possibilities are endless. And now, we've made them even better! Home Equity Lines of Credit (HELOC) are simple and secure, and as you pay them down, you can borrow again... without filling out more paperwork!

 PRIME VARIABLE HOME EQUITY LINE OF CREDIT

Credit Score     

650+ 649-

Rate

4.00*% APR 8.00*%APR

Draw Period

10 Years

Loan to Value (LTV)

Up to 95%

Term

25 Years

Minimum Amount

$10,000

Minimum Advance

$500

Advance Fee

NONE

Payment

1% of balance after the last advance - min. $125

Index

Prime -1 Prime to +3 depending on credit and lien position

Fees

See Preliminary Disclosure

Yearly Fee

NONE

Pre-payment Penalty

NONE

Advantages

Choose the Tiered HELOC if you want the lowest rates during the promo period you want to borrow as much as possible on your home. Also, this product has a 10 year draw period!


FIXED RATE HOME EQUITY LOAN

Credit Score  

639 -

640-699

700+

  Annual Percentage Rate

10.00%

7.00%

5.00%

  Daily Periodic Rate

0.02739726%

0.019178082%

0.013699863%

Loan to Value (LTV)

Up to 90%

Term

up to 180 months

     up to 180 months      

    up to 180 months          

Minimum Amount

$10,000

 $10,000

 $10,000

Index

Prime + 5.00%

Prime + 2.00%

Prime

Fees

See Preliminary Disclosure See Preliminary Disclosure See Preliminary Disclosure

Yearly Fee

NONE

NONE

NONE

Pre-payment Penalty

NONE

NONE

NONE

Other Info

This Home Equity Loan Product is a Closed End Loan


*APR = Annual Percentage Rate. The APR does not include costs other than interest. The APR is variable and may increase after the introductory period to a maximum of 13.95% on firsts, and 14.95% on seconds. Rate may change on the 1st calendar day of each month. Late fees are 5% of payment amount after 15 days delinquent. Adequate property insurance must be maintained. For these specials a HELOC is available on a primary residence only. Limited time offer, subject to change without prior notice.

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