Get up to $500 cash back on a Community First Home Equity Loan
A Home Equity Loan is more than a loan when you’re a member-owner at Community First Credit Union. It’s the flexibility to finance all the things you’ve always wanted to do.
- Transform your house into the home you’ve always dreamed it could be.
- Build a better space for you and your family.
- Finance an education for yourself or a loved one.
- Consolidate debt into more affordable payments.
- Buy a car or anything else you’ve always wanted to do!
PLUS, now through June 8, you can also get a cash back bonus up to $500
based on 1% of the new money financed.*
Home Equity Loan Features & Benefits**
Payments terms can be extended as long as 30 years, however at the end of 6 year period the remaining balance will need to be refinanced or paid in full. There are no pre-payment penalties if you pay your loan off early.
- Competitive fixed rate of 4.24% APR locked in for 6 years
- Convenient access to funds
- 1% rate discount with automatic payments and Community First active checking with direct deposit
- No application fees or escrow requirements
- Flexible payments to fit your budget with options for weekly or bi-weekly payments to pay less interest
How to get started…
*Valid for applications for a 6 Year Home Equity Loan through June 8. Rebate is based on 1% of the loan amount up to $500. Closing costs and other fees not included. Requires $10,000 new money. Loan must close at Community First Credit Union to qualify. Rebate will be a check mailed within 30 business days of loan closing. **APR = Annual Percentage Rate. Rates subject to change. Your interest rate will depend on loan to value, your credit score & your account relationship. PAYMENT EXAMPLE: Monthly payment on $100,000.00, 30-year amortization results in 71 payments of $491.64 and a final payment of $89,199.20. Payments do not include taxes and insurance.