|
A Home Equity Line of Credit is an open end line of credit based on the equity in your home. Heritage Trust will loan you up to 100% of the equity in your home. You can access your HELOC by writing a check, obtaining an advance at any Heritage Trust office, by using Heritage Voiceline, our telephone audio response system, or contacting the Heritage Call Center. Rates for HELOC are as low as PRIME MINUS 1%!* The interest paid on a HELOC may be tax deductible, and your tax advisor should be consulted to determine your specific situation.
A Fixed Rate 2nd Mortgage Loan is based on the equity in your home. Heritage Trust will loan up to 100% of the equity in your home. The interest paid may be tax deductible, and your tax advisor should be consulted to determine your specific situation.
To apply for a HELOC loan, please call our Contact Center at (800) 845-5550 or (843) 832-2600.
*Rates on the HELOC are as low as Prime minus 1% depending upon applicant's credit. These rates are variable and subject to change after consummation of the loan. The Annual Percentage Rate is based upon the rate that is shown in the Wall Street Journal. However, regardless of the prime rate, under no circumstances will your annual percentage rate go below 4.00% or exceed 18.00%. Maximum rate increase of .25% per month. An example of a HELOC payment - you borrow $10,000 then your payment is $150. As your balance decreases then your payment is only 1.50% of the balance.
APR on 2nd Mortgages is fixed for the term of the loan.
Closing costs may range from
$500-$750. We may approve up to 120% of the tax assessed
value or 100% of the appraised value.
Heritage Trust FCU's Home Equity
Line of Credit and Second Mortgage are offered through
Heritage Trust FCU. No membership fees apply unless
you are not a member of Heritage Trust FCU and applying
for a HELOC. Also there is no minimum, fixed, transaction,
activity or similar fees charged.
Please call the Heritage Trust Federal Credit Union Contact Center
at (843) 832-2600 or (800) 845-5550 for current rates.
24-hour Lending
• ATM Locations
• Business
Partners • Call
Center • Direct
Deposit • Espanol
• Internet Banking
• Loans
• Privacy
Policy •
Rates
• Voiceline
Loan Rates •
Promotions |
