You are told by us how Residence Equity Credit Line

You are told by us how Residence Equity Credit Line

3.49% Fixed APR until 3/31/2021 on initial advance taken at closing! 4

Make use of the equity you have built at home to gain access to funds for major costs by having a 10 line of credit followed by a 20 year repayment period year.

To be able to make use of this offer, you will have to turn into a PenFed Member

To be member, you will need just satisfy two needs:

1. Determine your eligibility

2. Start a normal share account with at least $5

Owner Occupied Homes

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70% or Less CLTV

Variable % APR (Prime +. 25%)

70.01% to 80per cent CLTV

Variable % APR (Prime +. 50%)

80.01% to 85per cent CLTV

Variable % APR (Prime + 1.00%)

85.01% to 90percent CLTV

Variable % APR (Prime + 1.5%)

1 Prime speed is per cent at the time of. There was a rate that is minimum of percent APR and a maximum price of percent APR. Continue reading “You are told by us how Residence Equity Credit Line”

Combined Loan to Value (CLTV) Line Amount Rate 1