Rates Effective: 8/1/2019
| Account |
Loan Amounts |
APR As Low As |
Calculate Your Payments |
| HELoC Select – Primary (4) |
Introductory rate for six months. Variable rates as low as 4.49% thereafter |
2.49% |
 |
| HELoC Select – Vacation or Secondary (2) |
$5,000 – $300,000 |
4.49% |
|
| HELoC Select – Primary (3) |
$5,000 – $200,000 |
5.49% |
|
| HELoC Select – Investment Properties (5) |
$5,000 – $49,999 |
5.74% |
|
(2) HELoC Select rate based on the highest The Wall Street Journal’s published prime rate and is adjusted on a monthly basis. Annual Percentage Rate (APR) may vary depending upon amount financed, credit score, lien position, and collateral location and applies to a loan-to-value (LTV) ratio of up to 80%. Rates are subject to change, increasing when the prime rate increases, decreasing when the prime rate decreases. Maximum APR is 18% and the rate floor is 4.49%. The minimum monthly payment is $50. Rate reflects a 0.25% discount for loan payment via automatic funds transfer from a TruMark Financial checking account. Otherwise, rate 0.25% higher. Rates vary by loan amounts.
(3) HELoC Select rate based on the highest The Wall Street Journal’s published prime rate and is adjusted on a monthly basis. Annual Percentage Rate (APR) may vary depending upon amount financed, credit score, lien position, and collateral location and applies to a loan-to-value (LTV) ratio of 81% – 90%. Rates are subject to change, increasing when the prime rate increases, decreasing when the prime rate decreases. Maximum APR is 18% and the rate floor is 5.49%. The minimum monthly payment is $50. Rate reflects a 0.25% discount for loan payment via automatic funds transfer from a TruMark Financial checking account. Otherwise, rate 0.25% higher. Rates vary by loan amounts.
(4) Annual Percentage Rate (APR) accurate as of 8/1/19, applies to minimum line amount of $5,000, is subject to change without notice, and applies to a loan-to-value (LTV) ratio of 80% for primary residence. Rates vary depending upon amount financed, credit score, lien position, and collateral. Minimum APR is 4.49% (prime rate minus 0.51% minus an additional 0.25% for automatic payment from checking account), maximum APR is 18%. Introductory rate will be in effect for six (6) billing cycles from credit line open date. After the introductory discount period expires, the variable APR is effective for the life of the line. Rates reflect a 0.25% discount for loan payment via automatic funds transfer from a TruMark Financial checking account. Otherwise, APR is 0.25% higher. Property and/or flood insurance is required. APR is variable based on the highest Prime Rate published in The Wall Street Journal and is adjusted on a monthly basis. As of 8/1/19 the Prime Rate was 5.25%. All loans/lines of credit are subject to approval and collateral evaluation. Fees and charges may apply. Additional restrictions, limitations, and exclusions may apply. You may elect to “lock in” or convert a portion of your variable-rate outstanding balance to a fixed APR over a set term. You may select the term of your lock feature from terms provided to you at the time you exercise this option. Offered rate will be based upon borrower’s creditworthiness and term selected. The minimum amount that may be locked in is $5,000. The minimum term of the lock feature is five years and the maximum term of the lock feature is 20 years. Please call TruMark Financial at 1-877-TRUMARK for further details. NMLS 404938
(5) HELoC Select rate based on the highest The Wall Street Journal’s published prime rate and is adjusted on a monthly basis. Annual Percentage Rate (APR) may vary depending upon amount financed, credit score, lien position, and collateral location, and applies to a loan-to-value (LTV) ratio of up to 80%. Rates are subject to change, increasing when the prime rate increases, decreasing when the prime rate decreases. Maximum APR is 18% and the rate floor is 5.74%. The minimum monthly payment is $50. Rate reflects a 0.25% discount for loan payment via automatic funds transfer from a TruMark Financial checking account. Otherwise, rate 0.25% higher. Rate for investment property only. Rates vary by loan amounts.
Available on 1-4 family primary or secondary residences. Property and/or flood insurance is required.
All loans and lines of credit are subject to approval and collateral evaluation. Fees and charges may apply. You may elect to “lock in” or convert a portion of your variable-rate outstanding balance to a fixed APR over a set term. You may select the term of your lock feature from terms provided to you at the time you exercise this option. Offered rate will be based upon borrower’s creditworthiness and term selected. The minimum amount that may be locked in is $5,000. The minimum term of the lock feature is five years and the maximum term of the lock feature is 20 years. Additional restrictions, limitations and exclusions may apply, offer subject to change, please contact a TruMark Financial Representative at 1-877-TRUMARK for further details and current rates.
The combined loan-to-value ratio is the sum of the balance outstanding on your first mortgage, if any, and the amount of your new home equity loan or credit line divided by the fair market value of your home. Loan over $300,000 require title insurance. Property must have a clean title and adequate appraisal to qualify. Per membership eligibility, you must maintain $5 in a savings account to utilize the credit union’s services.
The rate(s) shown are the lowest available for each of terms listed. The rate you receive will be determined by your credit worthiness at the time of application and the term of your loan. Loan subject to credit approval. Additional terms and rates available. Rates shown are for primary residences only. Please call 1-877-TRUMARK for further details. Equal Opportunity Lender. NMLS 404938
