Get to work on your home improvement to-do list with a Home Equity Line of Credit (HELOC)1 and NO closing costs from Partner Colorado.
Happiness is a new kitchen. Or bathroom. Or basement. Or...you choose!
- Choose a fixed-rate HELOC and lock in your rate for the life of the loan.2
- Or choose a lower variable-rate HELOC.3
- Borrow up to 90% of your home's value.
- Both offer big savings over most other types of financing.
Our No Closing Cost HELOC is the perfect way to kick off your projects. Rates as low as 5.74% APR!
APR = Annual Percentage Rate
1No closing costs in most cases. An upfront appraisal fee of $450.00 may be required at member's expense on loans greater than $75,000.00 or loan-to-value exceeding 70%. Refinancing a present loan held by Partner Colorado Credit Union is excluded from this offer. Offer and rates may change at any time without notice. Colorado owner-occupied properties only. Minimum credit line and draw of $5,000.00 is required.
2Fixed rates are as low as 6.74% APR and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, loan amount and occupancy, so your rate may differ. Borrow against your available credit line for a period of five years, after which any existing balance must be paid in full within the following 10 years.
3Variable rate loans are as low as 5.74% APR and are based on an evaluation of credit history, CLTV ratio, loan amount and occupancy, so your rate may differ. The plan has a maximum APR of 18.00%. Members with a variable-rate HELOC may borrow against their available credit line for a period of 10 years, after which any existing balance must be paid win full within the following 10 years.