Home Equity Line of Credit (HELOC) disclosures, rates and fees

Home Equity Line of Credit (HELOC) rates

Effective Date: Friday, June 2nd, 2023

Loan type	APR (Low)*	APR (High)	Term
Home Equity Line of Credit (HELOC)	5.25%	6.25%	Draw period of up to 10 years. After draw, repayment term of up to 15 years.

Home Equity Line of Credit (HELOC) fees and closing costs

Effective Date: Friday, June 2nd, 2023

Fee type	Essential	Enhanced	Premier
HELOC annual fee	$75	$50	$25
The HELOC annual fee is waived the first year. After that, the annual fee depends on your Member Merits category as shown in the table above.
Home Equity Line of Credit closing costs Closing costs to open a HELOC vary between $0-$2000. Receive up to $500 credit for closing costs on HELOC, amount of credit not to exceed total closing costs. Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed. If appraisal is required, borrower(s) must pay for appraisal up front. Flood and/or property hazard insurance is required. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.

Fee type

Essential

Enhanced

Premier

HELOC annual fee

$75

$50

$25

The HELOC annual fee is waived the first year. After that, the annual fee depends on your Member Merits category as shown in the table above.

Closing costs to open a HELOC vary between $0-$2000.

Receive up to $500 credit for closing costs on HELOC, amount of credit not to exceed total closing costs. Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed.
If appraisal is required, borrower(s) must pay for appraisal up front. Flood and/or property hazard insurance is required. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.

Closing costs to open a HELOC vary between $0-$2000.
If appraisal is required, borrower(s) must pay for appraisal up front.
Receive up to $500 credit for closing costs on HELOC, amount of credit not to exceed total closing costs. Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed.
Flood and/or property hazard insurance is required.

Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.