Home Equity Special Home Equity Special

Home Equity Loan Special

Rates as low as 5.99% APR* and no closing costs*

Home Equity Loan Special

Your home equity is ready to help you reach all your goals – not just home improvements! Tell us what you’re hoping to achieve, and we’ll discuss how a Home Equity Line of Credit or Home Equity Loan can help. Take advantage of our limited time special of No Closings Cost option.

As-low-as-HELOC-Home-Equity-Special

Home Equity Line of Credit

A home equity line of credit (HELOC) is a flexible and affordable way to cover large, ongoing or unexpected expenses, like home improvements and debt consolidation.

  • As Low as 5.99% APR*
  • 24-Hour Access; Use Funds for Anything
  • No Annual Fee
  • 10-year draw period, then take up to 10 years to pay off any remaining balances
  • Interest may be tax deductible (consult your tax advisor)

A home equity line of credit may be the right choice if:

  • You want a lower rate alternative than other loan options
  • You have a good amount of equity built up in your home
  • You want ongoing access to cash, such as for emergencies or college tuition

APPLY NOW

What you should know about Home Equity Lines of Credit.
Home Equity Early Disclosure

Home Equity Adjustable Rate

A home equity loan, also called a second mortgage, lets you borrow against the equity you’ve built up in your home through your down payment, mortgage payments and increased home value.

  • 5/5 Option
    • Fixed percentage rate for the first 5 years
    • Maximum increase of just 2% per rate adjustment with a lifetime maximum adjustment of 5%
    • Ability to borrow up to 90% Combine Loan to Value
  • 10/1 Option
    • As low as 6.49% APR*
    • Fixed percentage rate for the first 10 years
    • Maximum increase of just 2% per rate adjustment with a lifetime maximum adjustment of 5%
    • Ability to borrow up to 90% Combine Loan to Value

A home equity loan may be the right choice if:

  • You want a lower rate than your average personal loan
  • You have a good amount of equity built up in your home
  • You want steady monthly payments
  • You need a large amount of upfront cash, such as for a major home repair or vehicle purchase.

APPLY NOW

You have requested an external link.

 By clicking this link, you are leaving SouthPoint’s website and entering a website hosted by another party. We do not operate this site, nor are we responsible for its content. Please review the privacy and security policies of the site you are entering, as they may differ from those practiced by the credit union.

Cancel Accept