Rates Effective: Tuesday, June 16th, 2015.
These rates are subject to change without notice. Meritrust Credit Union membership required.

Home Equity Loan Rates

Home Equity Line of Credit
Description Years Loan to Value APR*
Home Equity Line of Credit (Variable) 15
15
15
0%-80.00%
80.01%-90%
90.01%-95%
3.25%**
3.75%**
4.25%**
Home Improvement
Description Months APR*
Home Equity Line of Credit (Fixed) 0-60
61-84
85-120
121-180
4.24% to 5.49%**
4.49% to 5.74%**
4.74% to 5.99%**
5.24% to 6.49%**
Freedom Line of Credit – Variable
Description Months Loan to Value APR*
Freedom Line (Variable) 180
180
180
0%-80.00%
80.01%-90%
90.01%-95%
Prime +0.00%**
Prime +0.50%**
Prime +1.00%**
Freedom Line of Credit – Fixed
Description Months APR*
Freedom Line (Fixed) 0-60
61-120
121-180
2.75%**
4.50%**
5.00%**

*APR = Annual Percentage Rate. The monthly APR will be a fully indexed, variable rate based on Prime plus or minus a margin based on your loan-to-value ratio. Prime Rate is obtained from the Wall Street Journal. Adequate property and flood insurance may be required.
**Meritrust home equity loans may be subject to actual closing costs, including an origination fee. Closing costs based on a $100,000 loan could range between $750-$1000.
Maximum APR that can apply is 18.00%. Minimum line of credit amount is $5,000. Loan fees and closing costs may vary. Flood and /or property hazard insurance may be required. Other restrictions may apply. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Credit is subject to approval.