2nd Mortgage & Home Equity Loan Special
June 1st – July 31st, 2019
Minimum Loan Amount $15,000.00 New Money
Call the loan department at (814) 899-6608 for more information.
2nd Mortgage & Home Equity Loan Applications.
June 1st, 2019 through July 31st, 2019. **APR=Annual Percentage Rate. All loan rates subject to change without notice. All loans subject to credit approval. Certain restrictions may apply. Application fees for 2nd Mortgage and Home Equity Loans are waived during this special. Other fees may apply. Minimum loan amount $15,000.00 new money. Loans less than $15,000.00 will pay application fees but are eligible for the above rates. Mortgage loans are limited to primary residences located in Erie and Crawford Counties in PA. Property insurance is required. Membership required. Membership share $5.00 par value (par value is not a fee). *Home Equity Loans are variable rate loans – rate based on Prime Rate and subject to change quarterly. The annual percentage rate may increase after consummation of the Home Equity variable rate loan. The maximum annual percentage rate that may be imposed is 18.00% or the maximum permitted by law, whichever is less – the minimum floor annual percentage rate that can apply is 1.00%. Interest on mortgage loans may be tax deductible, consult your tax advisor. Mortgage loans do not qualify for any additional rate reductions. Estimated monthly payments on $15,000.00 borrowed at 3.74% APR for 60 months is $274.50, 3.99% APR for 120 months is $151.81, 4.74% APR for 180 months is $116.62, and 5.50% APR for 120 months is $162.81. Payments do not include amounts for taxes and insurance premiums. For more information on mortgage interest rates, limits or fee schedules, please contact the loan department. Credit Union NMLS#565406. Federally insured by the NCUA.
