Finally, the HELOC to Make Your Dreams a Reality
Now that we’re at the midpoint of the year, it’s time to take stock of all you’ve accomplished … and the todo list for the rest of the year.
Need to renovate the kitchen or bathroom, put in new landscaping? Considering photovoltaic panels? Those should save you money in the long run. Or maybe you’re planning a wedding or that exotic vacation that’s on that long bucket list. And it’s time to get real about those high-interest bills that have been accumulating.
Question: How to finance it all?
Answer: Aloha Pacific Federal Credit Union’s extraordinary Home Equity Line of Credit, which offers the options you’ve been looking for:
• 1.50% APR* for one year
OR
• 2.00% APR* for three years
OR
• 3.25% APR* for five years
• 4.00% APR* current index rate as of July 1, 2022. After the initial term, the APR is variable.
• Make interest-only payments for the first 10 years.
• No annual fee
• Receive up to $500 in closing costs
• $500,000 lines now available
Save time by applying online at alohapacific.com or visit any APFCU branch. Call 808-531-3711 for more information.
*Rates effective 7/1/22 and subject to change. Program may be modified or canceled at any time. Membership ($5 in Regular Savings) required. Subject to credit approval. APR = Annual Percentage Rate. HELOC offer is a promotional rate of 1.50% APR for 12 months OR 2.00% APR for 36 months OR 3.25% APR for 60 months. After your chosen initial period, your APR will be the Current Indexed Rate, which is variable based on the Prime Rate published in the Wall Street Journal with no added margin (3.75% minimum & 18.00% maximum) and subject to change. Program is a 10-year draw with interest-only payments and 20-year amortization period. Maximum line: $500,000. Applies to owner-occupied properties with required homeowner’s and hurricane insurance; flood insurance required if property is located in flood zone. Maximum loan-to-value of 80% in Hawaii; maximum loan-to-value of 70% in Nevada. Estimated 3rd party fees (ALTA policy, appraisal, trust review & attorney, etc.) for a $500,000 HELOC are $250 to $3,800. APFCU offers up to $500 closing credits against all 3rd party fees with an initial draw of $10,000 or more at closing; all closing credits paid by APFCU must be reimbursed if the loan is closed before 36 months from the opening date.
Some restrictions may apply. See branch for details on applicable fees, and for other available rates and terms.
Federally insured by NCUA
About Aloha Pacific Federal Credit Union
Maybe you’re not looking for a Home Equity Line of Credit. After all, not everyone is a homeowner and not every homeowner has equity in their home. Aloha Pacific FCU is still the answer, offering a special personal loan with rates and terms that can fit your budget.
A full-service financial institution, Aloha Pacific also offers auto loans, mortgages, Visa Platinum credit cards, and all the savings and checking products members want and need. Online banking and a free mobile app provide all- important convenience.
Not a member? You can be. Go to alohapacific.com to apply for membership and explore the possibilities.
See More Listings