APR=Annual Percentage Rate. The introductory rate will be in effect the first 6 billing cycles after your account is opened, whether or not funds have been advanced from your account during that time. Thereafter, the rate, including the rate on any existing balance, will convert to the applicable Variable Rate. Rate is as low as stated. Rate is based on an evaluation of applicant credit and total amount financed. Total amount financed is based on evaluation of applicant credit, appraised value, and existing liens (LTV). Your rate and total amount financed may vary. Maximum rate is 18%. Rate information is accurate as of 12/1/2022 and is subject to change. Click for current rates
. This offer is not guaranteed if your account is not in good standing and if you do not meet our credit criteria, including providing acceptable property for collateral. HVCU expressly reserves the right to terminate this promotion at any time and without further notice provided to you.
Closing costs associated with this product are waived, provided loan is maintained for a minimum of three years. HVCU will pay for property appraisal, credit report, flood certification, attorney fee, mortgage tax, recording fee, and title search. Homeowner’s insurance required. Borrower is also responsible for title insurance for loans over $150,000; and for flood insurance (if applicable).
The stated rate is discounted by .25% and includes a requirement that loan payments are automatically transferred from your savings, checking, or tiered money market account for the life of the loan. The monthly payment is not decreased as a result of this discounted rate. Discounts do not apply to introductory rate periods or other promotional rate offers.
4 The variable rate is subject to increase. Maximum annual percentage rate is 18%.
5 As an example, a $100,000, 180-month term with 80% LTV at a fixed rate of 6.50% APR would result in an estimated payment of $871.11. Payments do not include taxes and insurance premiums, if applicable, and your actual payment may be higher.
Eligibility and total amount financed for home equity products are based on an evaluation of applicant credit, appraised value, and existing liens (LTV). Maximum loan amount for TLTV 90.01% - 100% is $100,000.
Signed overdraft coverage agreement required.
As an example, a $30,000 180-month solar panel loan with a fixed rate of 9.00% APR would result in an estimated payment of $304.28. Payments do not include taxes and insurance premiums, if applicable, and your actual payment may be higher.
Insurance products: Are not NCUA/NCUSIF insured | Are not obligations of HVCU | Are not guaranteed by HVCU