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Home Equity & Home Equity Line of Credit

Establish a line of credit based on the equity in your home!

  • Ideal for large purchases -- college tuition, autos, RVs, home improvements, etc.
  • Borrow up to 90% of equity in your home.
  • All terms have a 5 year draw period before reevaluation.
  • Interest may be tax deductible
Term

Closed End Fixed Annual Percentage Rate

5 Year
6.50% - 10.50%
10 Year
7.00% - 11.00%
15 Year
7.50% - 11.50%

Term
Line of Credit Variable Annual Percentage Rate
$2.00 per hundred
6.00% - 10.00%
$1.25 per hundred
6.50% - 10.50%
$1.00 per hundred
7.00% - 11.00%

Rates effective January 1, 2009, subject to change. Individual rate is determined by credit scores,
subject to loan approval. Consult with a Service FIrst Loan Representative for details and qualification criteria.


Service First Federal Credit Union is an Equal Opportunity Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

 
 

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Telephone: 605.336.1047 | Fax: 605.336.0103 | Email: info@servicefirstfcu.org |Privacy Policy | Sitemap
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*This Credit Union is federally-insured by the National Credit Union Administration.