Home Equity Line of Credit
Whether you're adding a home extension or planning the vacation of a lifetime, Azura provides you the financial tools and options you need. Home Equity Lines of Credits can be used for all of life's moments both planned and unexpected.
Home Equity Line of Credit features and benefits:
- No origination fee
- Competitive variable rates
- Interest charged only on funds used
- Monthly payment amounts determined by the amount used on the line of credit
Effective Date: Friday, January 24, 2020
|Term||Loan to Value|
|Home Equity Line of Credit||Up to 80% LTV||4.75% (equal to prime)|
|Over 80% LTV||6.75% (equal to prime +2%)|
No origination fees for home equity lines of credit. Fees may apply to refinanced loans. APRs (Annual Percentage Rate) are based on Wall Street Journal Prime subject to change the first day of each month. Both Loans are accessible by check, with $500.00 minimum advances.
T APR = Annual Percentage Rate. Rate and term are subject to credit approval.