This revolving line of credit is the easy, hassle-free way to get the cash you need—when you need it:
- Save with a low variable rate.
- Access your line simply by using your debit card or writing a check.
- As you pay back your line, use it again and again.
- Borrow up to 100% of your home’s equity (if you qualify).
To get started simply:
- Connect with one of our experienced lending professionals via Video Banking
Download the Northern Credit Union Video Banking Mobile App or use the Web Version with Safari, Chrome or Firefox.
- Apply online anytime
- Call or text 315-782-0155
|Rate as low as
||12-month Intro Rate
Annual Percentage Rate. Rate is adjustable and subject to change monthly. Rate based on Wall Street Journal Prime Rate plus or minus a margin. Margin based on the amount of the Credit Line, the borrower’s credit history, and the Loan to Value ratio. 2.75% APR is fixed for the first year, then adjusting to a variable Prime Interest Rate – .25% thereafter on borrowed amounts of $7,500.00 (minimum loan amount) to $100,000.00 (maximum loan amount) at A+ credit. Rate quoted is for 80% LTV. Alternate rates for LTVs of up to 100% of home’s value are available depending on credit. Rates determined by term, overall credit history, LTV, and type of property. Wall Street Journal Prime Rate currently is 5.75%. Last change date was 1/1/2019. Rate Cap of 2% per change, 6% per Year, Maximum Rate of 16%, Rate Floor of 3.00%.
5 Year Draw period and repayment period of up to 240 months (depending on balance due at the end of draw and product selected). 1-4 family, owner-occupied residences and seasonal residences. Minimum monthly payment during draw is 1% of outstanding balance or $100, whichever is greater.