*NEW* Low Rate for Your Home Equity Line of Credit
We’ve made it more affordable than ever for members to access home equity they’ve worked hard to build.
Rates are as low as 1.99% APR* on a home equity line of credit!
Whether you need to tackle that major home improvement project, pay for education, or get free from high interest debt, our home equity line of credit can be an affordable, low-interest solution.
Want to learn more or get a quote? Simply fill the form below to get started!
If you need assistance right now, call our LOAN ZONE directly at (216) 478-0067.
*APR= Annual Percentage Rate. Subject to creditworthiness, Ohio Catholic’s lending policies, and membership eligibility. Loan applications must be approved by July 31, 2021. The promotional APR of 1.99% will be available until 12/31/2021. After 12/31/21, your approved variable rate will be based on the Wall Street Journal Prime Rate. Your rate will vary but will never exceed 18.00% and never fall below 3.50%. Financing up to 79.99% of the home’s value is available. Monthly payments are variable and equal to the finance charge (interest) that accrued on the outstanding balance during the preceding month. To qualify for the promotional rate: (i) credit score must be of 740 or above; (ii) initial minimum draw on the line of $25,000 or more (iii) $50,000 minimum line amount required; (iv) $250,000 maximum credit limit allowed; (iv) this offer is available only on owner occupied homes. Failure to meet these requirements can result in losing the promotional rate. Property insurance required. Flood insurance may be required. The home equity line of credit must stay open a minimum of 24 months or all service fees must be repaid to the credit union. Cannot refinance an already existing Ohio Catholic or ohioCUmortgage loan or line of credit with this offer. Ohio Catholic FCU may discontinue or change program without notice. Please contact your tax advisor to determine any tax benefits. An origination fee of $250 and an annual fee up to $99 will be charged. Ohio Catholic FCU is federally insured by the NCUA up to $250,000 and is an Equal Housing Lender. Ohio Catholic FCU NMLS #413040.