Fixed-Rate Home Equity Loan
If you need money for a one-time expense, a fixed-rate Home Equity Loan may be your best option. It’s perfect for home remodeling or repairs, or anytime you need a lump-sum of cash. A home equity loan with a fixed rate and can be used for home remodeling, tuition, bill consolidation, etc. You can even refinance your current mortgage to get a lower rate and get rid of PMI (Private Mortgage Insurance).
- Available in terms up to 15 years
- Up to 80% of appraised value minus current mortgage equals amount of equity available
- Member receives funds in a lump sum
- $250.00 in closing costs
- Fixed payment and terms
- May be tax-deductible (Consult your tax advisor)
- Click here for rates
Click here to read TRUTH IN LENDING (REGULATION Z)
STJ now offers DocuSign.