A HELOC That Fits U Like the Perfect Denim Jacket
Questionable fashion wasn’t the only thing in vogue in the 80s! Remember home trends like track lighting, ruffled curtains, and those blocky glass cube windows? (The less said about carpeted toilet lid covers, the better.) Thankfully, times change. Also thankfully, UMe’s dedication to helping you make the most of your home never has! That’s where a UMe HELOC comes in!
A Home Equity Line of Credit (HELOC) is basically a 2nd mortgage that taps into your home’s equity like a hose flowing right into a waterbed. ( See what we did there?) You can put that money right back into your house to make improvements like ripping out a clam shell sink, smoothing out popcorn ceilings, or maybe even using it to pay for big life moments—like buying a cool new electric vehicle that would make even Doc Brown jealous.
Another 80s trend we weren’t cool with? Sky-high interest rates. Good thing a UMe HELOC can help you manage your finances more efficiently! Use yours to consolidate credit cards, auto loans, student loans, and more into your mortgage. That way, you can streamline payments, lower your interest, and keep more cash in your pocket.
Just like old-school wallpaper, there’s a lot happening with a UMe HELOC when you look closely:
- A low 5.99%* 12-month HELOC intro rate (one of the lowest around!)
- No application fee
- No points
- No prepayment penalties
- Funding within 2-3 weeks (that’s the fastest around!)
- Easy access to your funds when you want them
- Choosing your own due date
Apply for a UMe HELOC today to refresh your finances or rip out wall-to-wall carpet for some sweet hardwoods. A friendly UMe Personal Banker is ready to help design your future!
*After the initial fixed 12-month introductory period, your HELOC APR (Annual Percentage Rate) will revert to a variable rate that is based on the Prime Rate. Loan approval and rate are based on a verification of income, an evaluation of your creditworthiness, and property evaluations which include Loan-to-Value (LTV). Your rate will never exceed 18.00% or be less than 4.00% — unless there is an initial discount rate that is offered below 4.00%. If you cancel your loan, third-party fees may apply. Costs include a $500 title insurance fee and a non- refundable appraisal fee, paid directly to the designated appraisal company. Property insurance is required. Loan amounts up to $400,000. For additional details, please call the Credit Union at (818) 238-2900.
Disclaimer: U matter to Me (to all of us) at UMe — and that’s why we do our best to deliver helpful information on our blog. Please note the following: (1) UMe Credit Union works hard to make certain that the information we post here is as accurate as humanly possible. But as you know, information can change and evolve quickly. While we try to update the blog on a regular basis, the content of some older posts may not be correct or up-to-date. (2) Some destinations on the World Wide Web that we link you to will exist on external websites. UMe Credit Union does not officially endorse any connected sites, nor do/did we compensate or get compensated by any entities to be featured in our posts (unless otherwise noted). (3) Everyone’s situation is unique and we advise you to consult with our personal bankers or your finance, tax, or legal professional for advice individualized to you!
