Your Home’s Untapped Value

1 Signal Financial Federal Credit Union Home Equity Line of Credit (HELOC) refers to an owner-occupied primary residence. HELOC products are not available for investment properties. The maximum combined loan-to-value (CLTV) on home equity lines of credit is 90%, which assumes that the total of all existing loans amount does not exceed 90% of the appraised property value. For loans with a CLTV greater than 80%, higher rates will apply. The Annual Percentage Rate (APR) for variable rate loan products may increase in accordance with the Wall Street Journal Prime Rate (“Index”, currently 7.500% as of December 19, 2024) after the 6.990% APR introductory rate for the first 3 months has expired, a Margin 0.50% will be added to loans with a CLTV greater than 80%. The maximum APR at any time is 18.00%. Rates and offers are in effect for a limited time and subject to change without notice. A minimum initial draw of $10,000 is required on the variable rate HELOC and a minimum initial draw of $100,000 is required for the fixed rate HELOC. Other terms and conditions apply. Closing Cost is estimated to range from $700 to $2,000, depending on the loan amount and the property location. Total closing costs will be at the expense of the borrower. Homeowner’s insurance is required to have sufficient dwelling coverage. An appraisal fee refund is available to members enrolled in Signal Smart Plus, with a qualifying mortgage loan. For information about Signal Smart Plus, please visit: signalfinancialfcu.org/smart-plus. Credit is subject to approval. Not all applicants will qualify for the lowest rate. Rates and terms are subject to change at any time without notice. Please consult with a loan officer at 301-933-9100 ext. 104 for more information on a Signal Financial Home Equity Line of Credit.