Equity Loan Rates: No Closing Costs!

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Rates are valid as of for a 30 day rate lock and are subject to change at any time without notice. 1 Rates shown assume the loan is for an non-owner-occupied, existing single family residence, in California only, serving as a primary residence, with a loan-to-value ratio of less than 60%, and excellent credit. 3.

Home Equity Lines of Credit (HELOCs)

Minimum Draw of $15,000. Minimum Line Amount $25,000. APRs and payments are based on a loan amount of $100,000entered.

Loan Maximum Amount Term in Years 2 Maximum CLTV 3 Rate/
APR 4
Margin Payment per $1,000 5
Prime Plus HELOC $ 200,000 10/15 75% 6.250% 0.75% $ 5.21
Relationship HELOC
Requires existing Provident first mortgage, direct deposit of payroll, or other qualifying account or product. Call for details.
$ 200,000 10/15 75% 6.000% 0.50% $ 5.00
5-Year Fixed Prime Plus HELOC $ 200,000 5/5/15 75% 6.500% 1.00% $ 5.42
5-Year Fixed Relationship HELOC
Requires existing Provident first mortgage, direct deposit of payroll, or other qualifying account or product. Call for details.
$ 200,000 5/5/15 75% 6.250% 0.75% $ 5.21

Closed End Equity Loans (Second Mortgages)

APRs and payments are based on a loan amount of $100,000entered.

Loan Minimum Amount Maximum Amount Term in Years 2 Maximum CLTV 3 Rate/
APR 4
Margin Payment per $1,000 5
5-Year Fixed Maximizer $ 25,000 $ 200,000 5 75% 4.875% 0.00% $ 18.81
10-Year Fixed $ 25,000 $ 200,000 10 75% 5.625% 0.00% $ 10.91
15-Year Fixed $ 50,000 $ 200,000 15 75% 5.625% 0.00% $ 8.24
20-Year Fixed $ 75,000 $ 200,000 20 75% 5.750% 0.00% $ 7.02
 The amount entered is less than minimum loan amount for any Provident Credit Union mortgage loans.
 The amount entered is more than maximum loan amount for any mortgage loans that we can show on this page. To get a rate quote on loans higher than $200,000, please call Provident Credit Union at (800) 632-4600 and press 321.
 Not all terms are available with all loan amounts. To see what is available, try reducing the loan amount or try a longer loan term (or clear the loan amount field to see all loan rates).

For more information or to apply by phone, call (800) 632-4600 and press 321.

Applicable to all equity loans and lines: Provident will pay for title insurance, asset valuation (AVM), recording fees, credit report and flood certification on new lines of credit up to $100,000. Closing costs may be required for loans that require special handling, or rural properties. Subject to credit approval. Adequate property insurance required (may include flood insurance). Products rates and terms subject to change without notice. Provident Credit Union NMLS #412725.
1. Rate locks are available for applications submitted Monday-Friday 8am–1pm (excluding holidays).
2. On lines of credit, figures separated by slashes are number of years. The first figure(s) is the initial draw period with interest-only payments. If three figures are present (i.e. for the 5-Year Fixed lines), the first is the initial fixed-rate draw period, and the second is the adjustable-rate draw period that follows that (both periods with interest-only payments). The last figure is fully amortized re-payment period with no further line advances available. $100 annual fee.
3. CLTV = Combined Loan to Value ratio. This includes first mortgages and all subordinate liens. 75% CLTV is available in Provident-defined market areas only. All other market areas have a 65% CLTV. A drive-by appraisal is required (at owners expense) for loans over $100,000. Certain other restrictions may apply. Consult your Mortgage Consultant for appraisal fees and other restrictions.
4. APR = Annual Percentage Rate. Subject to change without notice. Rates quoted are effective on date of publication. When rate and APR are not the same, the APR appears in parentheses.
5. Payment per $1,000 balance is based on the interest rate listed for the amortization term listed, and is rounded to the nearest cent.