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Enjoy the convenience and flexibility of a Home Equity Line of Credit (HELOC) through Financial Partners! HELOCs are simply loans secured against your home with a credit line option. Instead of a traditional loan with a fixed loan amount, a HELOC gives you a maximum credit amount that you can borrow up to and pay-off as often as you choose! The obvious benefit to you is that you only pay interest on the amount you actually use! As you pay down your balance, you can continue to take advances up to your established credit line. Financial Partners HELOCs offer:
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| *APR= Annual Percentage Rate. Introductory rate applies for the first six months from the date of the Note. Fully indexed rate is variable, based on prime and a margin, with a maximum variable rate of 8 percent over the initial start rate. Rate includes a .25% discount for automatic payment transfer from an FPCU checking account. Accounts closed within 36 months will incur a $500 cost recoupment fee. Rates quoted as of 4.10.08 and subject to change without notice. Loans made subject to credit approval. Other conditions, fees, and restrictions may apply. This offer is not valid on existing Financial Partners Home Equity loans. | ||||||||||||||||||
