IU Credit Union MobileMobile  •   •  Click here to check the weather in BloomingtonWeather

 

IU Credit Union "We started a credit union and created a community."
 
YOU ARE HERE: Home » Rates » Home Equity Line of Credit Rates

Home Equity Line of Credit Rates

 Classic Home Equity Line of Credit
Plan
Rate
Annual Fee Closing Cost
Up to 80% TLTV*
As low as 4.00% APR**
$25 $0^
81% - 90% TLTV*
As low as 4.00% APR**
$25 $0^

*TLTV = Total Loan To Value, Maximum TLTV and loan amount based on applicants credit history
**APR = Annual Percentage Rate
For loan amounts $20,000 or greater, IU Credit Union pays all closing costs. If the loan account is closed within the first 24 months a closing cost reimbursement will be required. Reimbursement cost will not exceed $200. For loan amounts less than $20,000, a $150 fee will be applied to the loan and paid by the borrower.

•   Rates are subject to change at any time. Each individual's APR is based on the applicant's credit history. Not all applicants will qualify for the lowest rate.
•   The annual percentage rate is variable (subject to change on 1st business day of each month).
•   The minimum loan amount is $10,000.
•   The maximum ceiling APR for a Home Equity Line of Credit is 18%. The minimum floor APR for a Home Equity Line of Credit is 4.00%
•   Property insurance is required
•   Investment mortgages are not eligible for this program

  Calculate Payments

eServices
Check Today's Rates & Fees
Account Services
Membership

Related topics:

  • Loans
  • Mortgage
  • Online Mortgage Center
  • Credit Cards
  • Financial Calculators
  • Consumer Report Disputes

Community Matters
Click Here for Important IUCU News.
Financial Education
Security Center
Visit our Auto Center!
Apply for a Loan

 

Find IU Credit Union on Facebook! Follow IU Credit Union on Twitter! Watch IU Credit Union on YouTube!  CO-OP ATM Network  We're part of the Shared Branching Network Alliance One Surcharge-Free ATM NetworkMasterCard SecureCode
Home  |  Site Map  |   PRIVACY POLICY   |  Disclosures  |  Contact Us

Federally insured by NCUA
The IU Credit Union is Equal Housing Opportunity. We do business in accordance with the federal fair housing law and the equal credit opportunity act.