Home Equity Line of Credit Special
A bathroom renovation. A second honeymoon in Mexico. A welcome relief from debt build-up.
However you decide to use your Home Equity Line of Credit from Horizon, we'll make the process easy with 0% interest for the first 6 months.
This limited-time offer expires on June 30th. Apply today and put your home's equity to work!
Click here to learn more about our Home Equity Line of Credit.
0% Annual Percentage Rate (APR) is introductory and valid for 6 months from the date of closing on a new Horizon Federal Credit Union (HFCU) Home Equity Line of Credit (HELOC) only. After 6 months, the APR is variable, can change each quarter and is a margin, plus or minus, based upon the Prime Rate as published in the Wall Street Journal. Rate cap of 2% per charge, 6% life of loan, maximum rate of 16%, and rate floor of 2.5%. Margin and rates are based on the amount of the credit line, overall credit history, loan-to-value, account relationship with HFCU, type of property and lien position. Prime rate as of December 14th, 2016 is 3.75%. The introductory rate applies to all new HELOCs originated on owner occupied primary residences located in Pennsylvania State during the promotional timeframe that ends June 30th, 2017. Promotion may be terminated earlier without notice. An annual maintenance fee of $25 will apply. No closing costs. Closing costs consist of credit report, title search, flood determination, recording fees, and appraisal. If HELOC is closed within 36 months of closing date, the borrower will be charged a prorated cost of closing costs that will be added onto the payoff amount of the HELOC. Subject to membership, credit, and property approval.