APR as low as |
Loan Terms & Features |
7.50% |
Fixed rate. Loans up to 90% Loan-to-Value. Up to 180 months to pay. |
HELOCs
APR as low as |
Loan Terms & Features |
Introductory Rate APR |
8.50% |
Variable rate. Up to 240 months to repay. For lines of credit under $100,000. |
7.75% fixed introductory rate for the first 13 months on qualifying lines of credit. Up to 80% Loan-to-Value. |
8.00% |
Variable rate. Up to 240 months to repay. For lines of credit over $100,000. |
Not available. |
APR as low as |
Loan Terms & Features |
9.50% |
Variable rate. Loans up to 90% of Loan-to-Value. Up to 240 months to repay. |
Disclosures:
6 APRs are subject to change without notice. Rates may vary depending upon credit qualifications and selected terms. Rates are fixed unless otherwise stated. A payment example for a consumer who finances $10,000 at a term of 180 months and at an annual percentage rate of 10.99% would result in 180 payments of $113.60. Payment amounts do not include taxes and insurance and repayment terms may vary depending upon rate. The minimum loan amount is $10,000. The maximum loan amount is $250,000. The loan-to-value ratio can be up to 90%. Property insurance and flood insurance, if applicable, must be in effect on the property being secured. Other rates and terms may exist for applications which do not qualify under the aforesaid conditions. Consult your tax adviser for further information regarding the deductibility of interest and charges. Home Equity Loans are subject to credit approval, verification and collateral evaluation.
7 The Annual Percentage Rate (APR) of a HELOC is indexed to the Prime Rate as published on the money rate table in the Wall Street Journal + a margin for the life of the loan. Prime Rate as of 9/19/2024 is 8.00%. Our current lowest APR for credit lines over $100,000 is 8.00%, which includes + 0.00 margin and for credit lines under $100,000 is 8.50%, which includes + 0.50 margin. HELOC APRs are variable and subject to change. The maximum APR that may be imposed is 18.00%. Maximum loan-to-value as high as 90%, depending on creditworthiness. No closing costs for loan amounts of $100,000 and less except for legal fees, if required. For loan amounts over $100,000, estimated closing costs may range from $1,625 to $2,897. A review of the credit eligibility, adequate property value , and a clear title is also needed for qualification. Other restrictions may apply. The minimum loan amount is $10,000 and the maximum loan amount is $300,000. The term is up to 240 months. Pay interest only on the amount drawn or 1% of the balance. Membership with Freedom First is a requirement for this offer with a $5 share account. Property insurance, if applicable, must be in effect on the property being secured and the said property must be in the Freedom First Credit Union membership area. The property must be owner occupied . Please consult a tax adviser for further information regarding the deductibility of interest. All credit union loan programs, rates, term and conditions are subject to change at any time without notice. Contact a Freedom First Credit Union representative at (540) 389-0244 for complete details.
8 For qualifying credit lines of $100,000 or less, an introductory rate as low as 7.75% fixed APR applies for the first thirteen (13) months of the loan. After the introductory period, the APR will revert back to the original rate indexed to the Prime Rate. Your actual rates may vary, depending on credit history, loan amount and term, loan to value ratio, and other factors. Maximum loan-to-value as high as 80%, depending on creditworthiness. No closing costs for loan amounts of $100,000 and less except for legal fees, if required. Contact a Freedom First Credit Union representative at (540) 389-0244 for more details.
9 APR is a variable rate and may change at any time. APR is based on the highest Prime Rate published in the Money Rates table of The Wall Street Journal + a minimum 1.00% margin for the life of loan. Prime Rate as of 9/19/2024 is 8.00%. A payment example for a consumer who finances $10,000 at 10.99% APR with an initial monthly principal and interest payment of $103.15 for the first 60 months. After the initial period the variable rate and payment will adjust every five (5) years and equal the total of the Wall Street Journal Prime Rate plus a minimum margin of 1.00%. Payment amounts do not include taxes and insurance and repayment terms may vary depending upon rate. Actual rates may vary depending upon credit qualifications and selected terms. The minimum amount is $10,000. The maximum loan amount is $250,000. The loan-to-value ratio can be up to 90%. Property insurance and flood insurance, if applicable, must be in effect on the property being secured. Other rates and terms may exist for applications which do not qualify under the aforesaid conditions. Equity Flex Loans are subject to credit approval, verification and collateral evaluation. Consult a tax adviser for further information regarding the deductibility of interest and charges.