Thursday, November 20, 2008     
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Loan Rates
HELOC 4.75%
HELOC - 5yr Fixed 5.75%
HELOC - Fixed Term 4.75%
 
Home Equity Options



 This is one of our member's most popular methods of financing their vehicle. This option allows the most flexible payments, while also offering a tax deduction. As a line of credit, you also have the option to draw on the line of credit up to 15 years.

5 Year Fixed Rate Loan
If you aren't looking for a line of credit, but have a one-time need for financing, then this is the loan that will meet your needs. The interest rate is fixed for 5 years, yet you have the option to amortize the loan over a 5 to 15 year term. This means you receive the safety of a low fixed rate and an affordable payment.

Auto Equity Loan
 If you're looking for a tax deductible car loan this is the loan for you. The credit union will record a courtesy lien on your property, which will enable you to deduct the interest on your taxes (consult your tax advisor to determine). The rates & terms of these loans are the same as new and used auto loans, with no additional expenses.

   

 

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