GHFCU Offers Home Equity Line of Credit!

Low Introductory Rate: 5.99% APR for 12 Months!

Take Advantage of Higher Home Values to Consolidate Debt or Complete a Home Remodeling Project*!

• Minimums: $20,000 Line with $5k Draw at Closing!
• Convenient Advances In Home Banking Anytime!
• Minimal Paperwork & Requirements!
• 10-Year Draw Period with 10-Year Payback!
• Up to 90% LTV (including First Mortgage)!
• Never Sold! You Make Payments to Us!
• After 12 Months, Rate Adjusts Quarterly

EASY PROCESS WITH A LOCAL LENDER!

Contact Mary Heinecke at 864.688.1164 or email mheinecke@ghfcu.org to ask questions or start an application!

Make a wish! In addition to Home Equity Lines of Credit, we offer a wide variety of loan and deposit services to help make your dreams a reality. You’ll find our rates competitive, our terms convenient, and member benefits exceptionally rewarding!

Anyone who lives, works, or worships in Greenville County can enjoy the rewarding lifetime benefits of ownership.

Download – HELOC – 5.99% Intro APR* Special Offer Flyer

_{*APR = Annual Percentage Rate. The rate you receive will be based on certain creditworthiness. Please ask us for the rate for which you qualify. All rates are subject to approximate loan term limits and certain restrictions may apply. Rates are subject to change without notice. There are minimum loan amounts required for some loan terms. Contact us for minimum loan amounts by term, maximum loan amounts, and loan-to-value requirements. Additional conditions apply. *Introductory rate applies to new HELOCs of $20,000 or more with an initial draw of at least $5,000 taken at closing. After the first 12 months, the rate could adjust quarterly based on market conditions but cannot adjust more than 2.5% in a year. Normal HELOC rate is as low as 9.00% (as of October 31, 2023) based on creditworthiness.}

_{Mary Heinecke, NMLS# 1832852 | Greenville Heritage Federal Credit Union NMLS # 627419 | Equal Housing Lender}

_{¹The initial rate for the Home Equity Line of Credit (HELOC) low introductory rate promotion is a fixed rate not based on the index and margin used for subsequent rate adjustments. The HELOC Promotion has an initial rate of 5.99% APR fixed for the first 12 months.  After the introductory 12-month period, the APR can vary and is based on Prime Rate plus a margin of +0.50% to +2.50% based on credit rating. The APR is subject to change on the 10th of each month, based on changes to Prime Rate, the highest Prime Rate published in the Wall Street Journal “Money Rates” table on the 20th of the prior month. Minimum APR 3.50%, maximum APR 18.00%. Max LTV for HELOC is up to 90% CLTV. HELOC qualifies for introductory rate with a minimum credit line of $20,000 and a loan amount of $5,000 taken at closing. During the draw period, you may withdraw (advance) funds up to your credit line limit and pay amortized principal and interest payments on the outstanding balance monthly. After the draw period, you may not withdraw any more funds from the line. After the draw period end, you will continue to pay the amortized principal and interest monthly. Offer not applicable on refinance of existing GHFCU HELOCs. There are no loan processing or early closure fees and no prepayment penalty. Borrower is responsible for closing costs ranging from $1,500 to $3,000 including appraisal.  GHFCU does not offer escrow services.  Rates, terms, and conditions are subject to change without notice.}