Home Equity Loans - Variable

Effective Date: 
September 1, 2014
Balance Requirements: 
Max: $250,000. See details.
Rate: 
3.50% - 5.25%
Details: 

Maximum Term: 15 years.

Maximum Amount: $250,000 or 80% of property appraisal value, whichever is less.

All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.

Variable Home Equity Line of Credit rate is equal to the U.S. Prime Rate plus either 0.25% or 2.00% depending on the borrowers' credit score. This rate is subject to change on a monthly basis.