Picture the possiblities with our Home Equity Line of Credit (HELOC). In addition to our 3.50% APR (annual percentage rate) fixed for 59 months, we upped the closing discount to $500 with initial draws of $10,000 or more!
That means you’ll have even more flexibility in financing those big-ticket projects such as kitchen or bathroom renovations, landscaping, just about anything you desire. Pay off high-interest credit-card debt; or fund your children’s college tuition.
With several access options that will simplify your life and a fantastically low rate that will save you money, our HELOC can be a smart solution for you and your family – and fund life’s many sweet possibilities!
1. Check Writing - You will be able to draw on your line using a free set of checks ($1,000 minimum per draw).
2. Internet Access - You will be able to view and draw on your line through our online banking system. Simply transfer the money to your checking account, which can be accessed using your card or personal check.
3. A $500 closing cost discount may apply on 3rd party fees.
The current rate using the index and margin is only 5.00% APR (adjusted quarterly).
Our HELOC is a great complement to KalaRewards Checking, which offers our highest dividend rate. For more information, please call 808-531-3711 or visit any Aloha Pacific FCU branch.
Home Equity Line of Credit (HELOC) offer is a fixed annual percentage rate (APR) for 59 months at time of closing, effective 01/01/2015. After 59 months, the APR is variable. The Current Index Rate is based on the Prime Rate published in the Wall Street Journal, plus 1.00%, adjusted quarterly (5.00% min. & 18.00% max.), with a 10-year draw and 30-year amortization period. Applies to Owner-Occupied properties with required insurance and maximum loan-to-value of 80% in Hawaii and 70% in Nevada. Membership ($5 in regular savings) required. Estimated 3rd party fees (ALTA policy, appraisal, trust review & attorney) for a $250,000 HELOC are $500 to $2,500. We offer a $500 closing credit against all 3rd party fees with a initial draw of $10,000 or more at closing. Minimum per draw is $1,000. Subject to change and other restrictions may apply. Contact an employee for more information.