Mortgages

   Mortgage Express

   Rates

   Variable

   Fixed

   Construction

   Land Only

   Mobile Home

   Mortgage Calculator

 Home Equity

 Vehicles

     Rates

     Pocket Loan

     CUDL

     Recreational

     Vehicles for Sale

     Auto Loan Calculator

     Car Insurance
     Verification


 Student Loans

 Credit Cards

 Other Loans

     Personal Loans

     Shared Secure

 Loan Applications

Home Equity Loans


We have two types of Home Equity Loans here at HRCU

Home Equity Line of Credit & Home Equity Fixed rate

Below is a layout comparing the features of both types of loans for your convenience.


Features

Home Equity
Line of Credit

Home Equity Fixed rate
Credit line you can draw on for up to 10 years  
One sum paid out all at once
Convenient debit card
Fixed rate
Variable rate
Borrow up to 90% of the equity in your home
Credit life and disability available
Interest may be tax deductible
Which to choose?
One time large purchase such as a swimming pool or new appliances.

Long term expenses such as college tuition or an extensive remodeling project
You don't want to make impulse purchases
If you see that 55 Tbird you want to be able to spring

Click here for details

Find out how our special variable rate loan can work for you. Click here




Home Equity Rates

Effective Date: 3/12/10


Type of Loan

Terms

Rates*
Home Equity Loan Fixed Rate
(not a line of credit)

Minimum: $5,000
5 yrs
10 yrs
15 yrs


5.74% APR*
6.24% APR*
6.99% APR*

Rates Above Reflect a
70% Loan To Value
Home Equity Loan Line of Credit;
adjusted monthly

Minimum: $20,000
25 year Amortization,
10 year Draw
3.25% APR*
Rate based on Prime***, then adjusted by credit score and loan to value
Rate above reflects a 70% loan to value
GO GREEN! Home Equity Loan
Fixed Rate
(not a line of credit)

Minimum: $5,000
(conditions apply for this loan)
5 yrs
10 yrs
15 yrs
5.49% APR*
5.99% APR*
6.74% APR*
Refinance Options Available Call 332-6840
for refinance options
*All rates are annual percentage rates and are based upon credit bureau score. All rates and conditions are subject to change without notice.
**Fixed Home Equity and Home Equity Line of Credit Loans greater than 70% loan to value have certain restrictions, please contact a loan officer for further details.
***Prime rate as published in the Wall Street Journal.


Example: A $20,000 loan at 7.00% APR. 180 monthly payments of $179.76. Total finance charge of $12,354.07 bringing the total payment to $32,354.07

The APR may increase after consummation of the loan.

Interest may be tax deductible. Consult your tax advisor.

APPLY ON-LINE NOW! - click here

Home Equity Line of Credit


Unlock the cash in your home with Holy Rosary Credit Union Home Equity line of credit. When your application is approved, you can borrow funds whenever you want without having to complete an application each time you need money.


  • Loan amounts from $20,000
  • Borrow up to 90% of the value of your home less any mortgage balances
  • Rates tied to Prime Rate
  • Convenient checkbook or debit card available
  • Interest may be tax-deductible (consult your tax advisor for details)
  • Credit life and disability insurance is available to qualified members
  • Minimum closing costs
  • Rates & terms are subject to credit approval


Fixed Rate

Tap into the borrowing power of your home with Holy Rosary's Fixed Rate Home Equity or Home Improvement loan. Borrow up to 90% of the value of your home (less any mortgage balances) at a low fixed rate with terms of 3, 5, 7, 10 and 15 years.

  • Loan amounts from $5,000
  • Borrow up to 90% of the value of your home less any mortgage balances
  • Fixed rate
  • Minimum closing costs
  • Interest may be Tax-Deductible (consult your tax advisor for details)
  • Credit life and disability insurance is available
  • Rates & terms are subject to credit approval


HRCU HELOC accounts come with a free separate debit card just to access your line of credit. Call the mortgage center today! 335-5000.


Apply for a loan anytime, 24 hours a day.
Just call Phone-A-Loan at (603) 330-0005 or toll free at
(888) 270-6959 and talk to a real live person.