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Equity Loan Comparison Chart
Equity Loan |
Rate |
Closed/ Open End |
Availability |
Financing |
Closing Costs |
Occupancy | ||||
|---|---|---|---|---|---|---|---|---|---|---|
5-, 7-, and 10-Year Equity |
Fixed |
Closed |
All States1 |
$5,000 |
NO closing costs2 |
Owner-Occupied | ||||
15-Year |
Fixed |
Closed |
All States1 |
$5,000 |
NO closing costs2 |
Owner- and Non-Owner Occupied | ||||
HELOC (revolving line of credit) |
|
Open |
MD/DC/VA/ |
$5,000 |
NO closing costs2 |
Owner-Occupied | ||||
1Programs are not available on properties located in Texas and Hawaii.
2Member is responsible for appraisal fee and interim interest expense. Refinancing an existing NWFCU HELOC loan may incur closing costs. No closing cost offer is only available for owner-occupied properties.
3Check with the Mortgage Lending Branch at 703-709-8921 or 1-866-709-8921 (toll-free) to see if other states have been added.
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