Home Equity Financing

1. APR=Annual Percentage Rate. APRs accurate as of 01/01/20. Rates, terms and conditions are subject to change without notice. 3.24% Fixed APR is the introductory rate for the first 12 months for home equity lines up to $350,000 at 80% loan-to-value (LTV); Owner occupied California 1-4 residential real property only. After the introductory period, the rate will adjust to the variable rate then offered by UNCLE Credit Union. The APR cannot increase to more than 15.00%. The APR will not decrease below 4.75% after the introductory period. Minimum credit line of $10,000 required. Offer subject to credit qualifications. No annual fee. Ask an UNCLE representative for more information.
2. UNCLE Credit Union will pay closing costs up to $500. If the loan is paid off within 36 months of origination, borrower must reimburse third party fees paid by UNCLE Cu to originate the line. Third party fees are estimated between $500 – $1,000. “No Closing Costs” offer not valid on refinances of existing UNCLE Home Equity Lines of Credit.
3. If the borrower is charged a fee for paying off another lender’s home equity line of credit, UNCLE CU will pay up to $300 of the early payoff fee. UNCLE CU will not pay other fees or charges associated with closing the other equity line such as reconveyance fees, principal or interest payments or accrued late charges. Offer not valid on existing UNCLE CU Home Equity Lines of Credit.