Financing Is On The House
Big expenses on the horizon? Tap into your home’s equity with a loan or line of credit to use for remodeling, debt consolidation, education costs or anything else. We make it easy – with no closing costs and low, competitive rates.
(Click the rate above for additional disclosures.)
1 Introductory ﬁxed rate of Wall Street Journal (WSJ) Prime – 1.5% APR for qualiﬁ ed new Home Equity Line of Credit applications received of $25,000 or more after 4/1/2019 that close by September 30, 2019. The introductory rate is based on the published WSJ Prime on the closing date and will be ﬁ xed for 12 months. WSJ Prime as of 4/1/2019 is 5.50%. For owner-occupied single family dwellings/condominiums in Connecticut. Maximum LTV=80%.
2 The introductory APR will adjust after the 12-month introductory period to a variable APR based on the current Prime Rate as published in the Wall Street Journal on the ﬁ rst day of each month. If prior month ending balance after the introductory period is $25,000 or greater, the HELOC rate is WSJ Prime -.50% if credit score is >=710, or WSJ Prime +.50% if credit score is <=709. If prior month ending balance is below $25,000, the rate is WSJ Prime + .00% if credit score is >=710, or WSJ Prime + 1.00% if credit score is <=709. Offer does not apply to existing HELOC balances with Sikorsky Credit Union. Applications are subject to appraisal, underwriting, and credit approval. Offer may be withdrawn at any time. All rates are subject to interest rate ﬂ oor and caps. The interest rate will never go below 3.00% (the “Floor”) nor above 17.50% (“the cap).