Home Equity Line of Credit
Want to consolidate debt? Pay off tuition? Or live out a dream? Consider a home equity loan today! We’ll help you through the process.
Covering you for whatever comes your way!
Our Home Equity Line of Credit works like a credit card and allows you to withdraw money when you need it most.
Features and Benefits:
- Rates as low as 3.00% APR*
- Quick turnaround time
- Up to 70% financing
- Immediate usage of $10,000
- Interest may be tax-deductible**
- Up to $1000 in closing costs!
Note: You will need the Java software to view the financial calculators. If you do not have Java enabled, you can download it for free by clicking on the icon.
Apply for a Home Equity Line of Credit Loan Today!
- Apply online
- Call us at 954.538.4400, 305.258.1000 or 800.548.5465
- Stop by one of our branch locations
- View our current rates
*APR = Annual Percentage Rate. Rates range from 3.00%–4.75% APR. Rates are current as of 03/07/2016. Eligibility is based on loan to value (LTV), credit worthiness, ability to repay, credit score, and lien position. Rate will be based on highest credit score for joint applicants and co-makers. We may offer other rates in the future. Promotional rates can range from 3.00%–5.50% APR. Rates are variable and the maximum APR that can apply over the life of the loan is 18.00%. Immediate usage required is $10,000. For a Home Equity Line of Credit of $50,000 at 3.75% over 15 years you would make 180 payments of $363.68. The estimated Credit Union and third party fees for a Home Equity Line of Credit are $1,343.75. Payment of $1000 toward closing costs regardless of lien position. Member pays the difference. Member reimburses Power Financial Credit Union if the loan closes within 48 months. All homes must be primary residence in Florida. Other conditions may apply. Cannot be combined with any other offer. Interest rates include a .25% discount for automatic loan payment transfer from your Credit Union account.
**Consult your tax advisor.
Open a checking account in minutes online.