Equity Rich Line of Credit

Get the best of both worlds! 

Whatever the reason, our basic accounts help you set aside funds for future needs.

Apply Online
Home Equity Line of Credit Cincinnati, OH

A unique solution for those with established equity.

Refinance the remaining balance on your first mortgage for a lower rate and access the equity you’ve built in your home through a line of credit.

  • An introductory rate of 3.99%APR for six (6) months1
  • Then converts to:
    • 5.00%APR1 (Prime+0% up to $49,999; Prime currently at 5.00%)
    • 4.75%APR1 (Prime-.25% $50,000 and up; Prime currently at 5.00%)

There no annual or inactivity fees, along with these additional features:

Turn your equity into cash and refinance into something more flexible.

Apply now!

 

 

GECU membership is required to take advantage of this offer. 1Equity Rich Line of Credit (ERLOC): Offer is limited to owner-occupied, single-family property located in Ohio, Kentucky, and Indiana. APR = Annual Percentage Rate. Rates listed as of published date (July 1, 2018). For qualified borrowers only. New money and refinances from other financial institutions only. Offer is subject to change at any time. Line of credit up to $49,999 has an introductory rate of 3.99% for six (6) months and then converts to a rate of Prime + 0%; the rate is subject to adjustment on the first day of each calendar quarter to Prime + 0% (subject to program minimum APR of 3.75% after the introductory period; the maximum APR for this loan plan is 12.00%). $50,000 and up has an introductory rate of 3.99% for six (6) months and then converts to a rate of Prime - .25%; the rate is subject to adjustment on the first day of each calendar quarter to Prime - .25% (subject to program minimum APR of 3.75% after the introductory period; the maximum APR for this loan plan is 11.75%). The Prime Rate is from the Wall Street Journal and is currently 5.00%, as of 07/01/18. There is no annual fee. The minimum finance amount is $10,000. Closing costs are generally waived, however, any closing costs charged will increase the APR. The loan must be for a primary residence only. Maximum 80% loan to value (LTV). Property insurance required to open plan.
2Tax Deductible: Contact a tax advisor on deductibility of interest.


Back to Top