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Home Equity Variable Rate Loan. Borrow the money you want at a great variable low rate. Your rate has a floor of 4.00% APR and is adjusted once every year. Choose a term up to 20 years and borrow from $10,000 up to 75% of your home’s value.
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Certain loan restrictions may apply, contact the credit union at 845-561-5607 for further details. 1 As an example: a 180-month term and a 70% total loan-to-value for a home equity loan with a fixed rate of 6.25% APR would result in an estimated payment of $8.54 for each $1,000.00 financed. 2 Subject to a 3.00% floor rate.
1 Rates for this product are as low as stated. Rate is based on an evaluation of applicant credit. Rate is also based on the selected term, vehicle model year, mileage, and loan to value for vehicle loans, the selected term for home equity loans, and on the total amount financed for home equity loans and home equity lines of credit, and the selected term for signature loans.
During its evaluation of investment opportunities, Lone Star utilizes Hudson’s extensive knowledge of global market pricing obtained through oversight of asset liquidations. Certain of the Funds also benefit from specialty management companies, owned by a Fund or Funds, that service various assets requiring specific expertise.