Summer Savings Spectacular – Home Equity Loan
Make home improvements, consolidate debt, pay for tuition, or take a dream vacation with a home equity loan from Ohio Catholic FCU! Now through August 31, get a special 15-Year loan with a 3.875% APR* interest rate! Closing costs as low as $299.** Fill out the form below or stop in to one of our regional branches to get started!
*APR is Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness. Member must have a credit score of 740 or higher for stated promotional rate. Standard rates apply for members with a credit score under 740. Minimum $50,000 loan amount required and $250,000 maximum loan amount available. Loan must close 30 days after approval. Home Equity Loans or Lines of Credit currently financed through Ohio Catholic FCU or Augustine Mortgage cannot be refinanced with this offer. This offer is available only on owner occupied homes. Property insurance required. Flood insurance may be required. Ohio Catholic FCU must be in the first lien position. To receive promotional offer, automatic monthly payments (AFT) from an Ohio Catholic FCU checking account must be set up. If you respond to this offer but do not meet the criteria for the loan at the time of your application or if you do not provide the required collateral, we may not be able to extend credit to you. Ohio Catholic Federal Credit Union may discontinue or change program without notice. Payment example: $75,000.00 for 15 years at 3.875% (4.01% APR with maximum amount $699 loan documentation fee) would have a fixed monthly payment of $550.08. Offer valid June 1 – August 31, 2019.
**In order to qualify for the $299 closing costs promotion, member must set up a monthly direct deposit of at least $500 from payroll or main source of income to receive a $400 credit toward the loan principle. Loan must close and direct deposit must be set up to receive the credit.