Home Equity Rate Special

Columbia Credit Union's low home equity rates put your dreams and goals within reach. Start a home business, fund higher education, or tackle a remodel.

*APR=Annual Percentage Rate. Rates accurate as of 12/30/09. Available for new HELOCs applied for between 10/1/09 and 03/31/10. Columbia personal checking required. Intro rate of 3.25% APR fixed for first 6 mos., for well-qualified borrowers with 80% loan-to-value (LTV) or less. Minimum line of $10,000 and initial advance of $10,000 required. Existing Columbia HELOCs can qualify for intro-rate on their qualifying HELOC rate for 6 mos. with line of credit increases of $10,000 or more between 10/1/09 and 03/31/10. Non-intro rates are variable and based on LTV, credit risk and an index. Subject to maximum lifetime APR of 15.00% and minimum lifetime APR of 4.00%, after introductory period, if any. Index used is Prime: the Wall Street Prime rate as quoted on the 10th day before the end of the preceding quarter. Prime to Prime plus 5.00% for up to and including 80% LTV, currently 4.00% APR to 8.25% APR; Prime plus 1.00% to Prime plus 5.50% for up to and including 90% LTV, currently 4.25% APR to 8.75% APR; and Prime plus 2.00% to Prime plus 6.50% for up to and including 100% LTV, currently 5.25% APR to 9.75% APR. Rates may change quarterly. Closing costs vary, but typically range from $90 to $1050, of which up to $300 is waived by Columbia (excluding appraisal fees). $300 early termination fee if line is paid off and closed prior to 3 years from origination. $25 annual fee is waived the first year. Membership required to borrow. **Consult a tax advisor regarding your deductibility status.