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C R E D I T
If you’re a homeowner, you work hard to pay for your home. Maybe it’s time to put your home to work for you – with a Home Equity Line of Credit from HUECU. For a limited time, the Credit Union is offering an incredibly low introductory rate of 1.99% APR for the first twelve months on all Home Equity Lines1. After the introductory period, you will enjoy a rate .26% below prime (currently 2.99% APR) for the remaining life of your line.
• No annual fees
• No closing costs2
• No Pre-Payment Penalties
• Ten-year draw followed by ten-year repayment
• Variety of convenient payment options
Q UART ER
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use you can
U N I O N
Prime Time for an Equity Line
You can borrow up to 80% of your home’s value with a maximum credit line of $200,000. Other benefits of an HUECU Home Equity Line of Credit include:
1ST
MGH Employees Start Boston Marathon Fund A group of MGH Blake nurses were among the many health care professionals who provided care for victims of last year’s Boston Marathon bombing.
Borrowing with a Home Equity Line offers two key advantages:
1) The interest rate will be lower – usually much lower-than what you’d pay on a credit card or personal loan.
2) The interest you pay is usually tax deductible, which further reduces the cost of borrowing.
Drawing from your Home Equity Line of Credit is easy. You can transfer the funds directly to your HUECU checking account using Online Banking or the HUECU Mobile App. You can also call the Contact Center or visit an HUECU branch to have a Credit Union representative complete your request. Visit huecu.org to learn more about what an HUECU Home Equity Line of Credit can do for you or to apply online. If you would like to speak to one of our loan experts, feel free to call us at (617) 495.4460 or visit an HUECU branch. To take advantage of the 1.99% APR introductory rate, applications must be received by June 30, 2014.
The bravery and tenacity of the victims and their families inspired these nurses to get involved. The nurses on “Team Blake” will run in this year’s marathon to raise money for a victim relief fund. HUECU was contacted to set up an account for the fund and was happy to support their efforts with a donation. The check was presented by MGH Branch Manager, Paul Conners, CEO and President Gene Foley, and Director Guillermo Banchiere. We wish you all the best of luck Team Blake!
Not a bank. A benefit.
¹ After the first 12 billing cycles the Annual Percentage Rate (APR) is variable and will be equal to the Prime Lending Rate as published in the Wall Street Journal minus .26% (currently 2.99%). Maximum APR is 18%. ² If you close the line within 24 months from date of note, you will reimburse HUECU the amount of waived fees. Adequate property and/or flood insurance may be required. Subject to credit approval. Rates subject to change without notice.