Tap into the equity you’ve built in your home to finance renovations, consolidate debt, or achieve your financial goals with confidence and peace of mind.
12-month introductory rate of 3.99%APR* and no closing costs*
Qualified members may borrow up to 100% of home’s value
Convenience of a line of credit with the ability to convert a portion of the balance into a fixed-rate term loan.
No Closing Costs* on loans under $100,000
No Annual Fees
100% LTV* available to eligible borrowers
No Fees to convert to a Fixed Rate Term Loan
As fixed-rate portion is paid, funds will become available to use again on the line during the draw period.
Access your credit whenever you need it with some of the lowest borrowing rates currently available. Use Freedom Equity to consolidate debt, make home improvements, pay college tuition, or plan a dream vacation.
* Consult a tax advisor regarding the tax deductibility of interest.
*APR=Annual Percentage Rate. Interest rate will be fixed at 3.99% for 12 months. After the 12-month introductory period, the APR is variable and is based upon index (Prime Rate as published in The Wall Street Journal) plus a margin and is subject to change as the Prime Rate changes. Rate and eligible LTV may vary based on individual credit history and underwriting factors. Cornerstone Community FCU will pay all closing costs on HELOCs up to $100,000. HELOCs greater than $100,000 require borrower to pay a portion of the closing costs. Members are eligible to convert all or part of the HELOC into a fixed rate Home Equity Loan. Fixed rate loan option is based on the prime rate published in the Wall Street Journal plus margin. Property insurance required. Early termination fee applies if loan is paid prior to 36 months. Consult your tax advisor for details on the tax deductibility of interest. Interest rates and program terms are subject to change without notice. Must be a Cornerstone Community FCU member to qualify.
