*Fixed-Rate Home Equity Loans: APR=Annual Percentage Rates. Rates shown are base rates. Current rates as low as 6.95% up to 9.15% APR. The actual rate will be determined based on creditworthiness. Loans are only offered in New Jersey, New York, or Pennsylvania on owner-occupied primary residential properties only. Maximum loan amount is $250,000 or up to 80% equity in your home, whichever is less. There is no application fee or charge. The current rates for fixed-rate home equity loans are as low as 6.95% APR for 60 months fixed loan. Your loan payments will be due monthly and payments will be calculated to pay off the loan balance in approximately equal monthly payments by the maturity date. Your interest rate on a fixed 2nd Mortgage will never change throughout the life of your loan. Rates subject to change without notification. Not all borrowers will qualify. Rates effective as of February 1, 2024. Pinnacle Federal Credit Union is an Equal Housing Lender. NMLS# 423010.

*APR=Annual Percentage Rate. The rate will adjust to fully indexed rate (today’s rates 8.50%) on the first calendar day of the month. Indexed rate based on creditworthiness. Applications are valid for 30 days from date of submission. Loans are only offered in New Jersey, New York, or Pennsylvania on owner-occupied primary residential properties. Minimum line of credit amount is $10,000. Maximum loan amount is $250,000 or up to 80% equity in your primary residence, whichever is less. A floor rate of 4.25% for the life of the loan will apply. The maximum APR that may be imposed will be 18%. There is a five (5) year draw period. During the 5-year draw period, payments will be due monthly calculated to satisfy interest due; with a minimum payment amount of $100.00. The interest will begin to accrue when money is taken from the line of credit. A $10,000 initial advance will be required at the time of loan closing.  After the draw period expires, payments will be calculated to pay off the loan balance in equal monthly payments by the maturity date. The rate may change monthly based on the prime rate published in the Wall Street Journal. Payments will be due monthly until the loan has been satisfied. FEES: There is no application fee/charge, and no closing costs. We will pay third-party fees on your behalf. If we do so, you must keep the line of credit open for at least 60 months (five years) or be liable to reimburse the Lender by paying a $400 origination reimbursement fee. A fee breakdown will be provided prior to closing. Not all borrowers will qualify. Homeowners insurance required. Rates effective as of February 1, 2024. Rates subject to change without notification.  Pinnacle Federal Credit Union is an equal housing lender. NMLS# 423010. Speak to your tax advisor.