Home Equity Line of Credit
Apply for a Home Equity Line of Credit for the introductory low rate of 1.99% APR* through January 1, 2024. No application fees and no annual fees. Apply April 1 through June 30, 2023.
*The 1.99% introductory Annual Percentage Rate (APR) applies until January 1, 2024, and is limited to credit union members with newly-opened HELOCs during the promotional period (April 1, 2023– June 30, 2023). Thereafter, a variable rate of 3.00% to 18.00% will apply, and is based on credit history, loan to value and other underwriting criteria. The variable APR is based on the index value (prime, currently 8.25%), plus a margin, subject to change, but at no time shall be less than 3.00% or exceed 18.00%. Applications must be submitted by June 30, 2023 to receive consideration for the introductory APR. The introductory rate cannot be combined with any other offer. Property insurance is required and, if applicable, flood insurance will be required. Additional restrictions, limitations, and exclusions may apply. Please contact Michigan United Credit Union for additional details. NMLS#500296