*All products are subject to credit and property approval. Certain restrictions and limitations may apply. Offer valid for limits below $100,000. Offer valid up to $300 in closing costs. Closing costs average $300, not including appraisal fees. Appraisal fees are not covered by the promotional incentive of no closing costs up to $300. Offer valid through 3/31/2015.
Rates are variable and are subject to change without notice. Rates are indexed to prime plus or minus a predetermined margin and are subject to change monthly. The floor interest rate is 5.00% APR (APR = Annual Percentage Rate). Home equity loans must be secured by your owner-occupied residence. Loan-to-value (LTV) of 85% or less, depending on market. Property insurance is required. Low payments – members are only required to make interest-only payments or $100.00, whichever is greater for the first 10 years. Home equity lines of credit are offered through Denver Community Credit Union. Must qualify for membership. To qualify for membership, one must live or work in Adams, Arapahoe, or Denver County. 1For specific tax advice regarding the possible deduction of your HELOC’s interest, please consult a qualified tax professional.
**Actual amount of the line of credit depends on multiple factors including but not limited to credit, debt to income, value of the home and other liens against the property.