A Home Equity Line-of-Credit or Second Mortgage with Greater Kentucky Credit Union may be the easiest and most convenient way to simplify your finances. Whether you consolidate debt, make home improvements, pay for education or just have unexpected expenses, use the equity in your home and let us help make your dreams a reality.
Now offering:
Home Equity Line-of-Credit Variable Rate
Second Mortgage
Find which loan will fit your needs by contacting our Mortgage Loan Manager at (859) 231-9300, ext. 1223, (800) 432-7393, ext. 1223 or
via e-mail at sean.rogers@gtkycu.com.
Home Equity Line-of-Credit Variable Rate Special* *Some restrictions apply. Annual Percentage Rate is based on the highest Prime Rate published in The Wall Street Journal (3.25% as of September 21, 2011) plus a margin. The APR will be adjusted twice per year but by no more than 2% at each adjustment. Prime is a variable rate; as it changes, the APR on your account will also change. The maximum APR that can apply is 24.00%. Credit is subject to approval.
The rate may vary depending on each individual’s credit history and underwriting factors. Offer good thru December 31, 2011. A home equity line of credit is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate. This type of credit is not available for modular homes, manufactured homes or cooperatives. The minimum line of credit amount is $10,000, and the minimum loan amount is $10,000 for the first advance and $300 thereafter. Flood and /or property hazard insurance may be required. Other restrictions may apply. The present APR of 3.25% is current as of October 1, 2011. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.
