After the year we’ve all had, you deserve to give your home a refresh! If you are finally starting a remodeling project, PFCU is here for you with a 3.9% APR home equity line of credit.
Deciding to remodel your kitchen, bathroom, outdoor patio or other home remodeling project can be a big undertaking. Whether you plan to DIY the entire renovation or hire a professional home remodeling contractor —or perhaps a little of both, a home renovation will take considerable time and effort to plan and of course, will require money for financing supplies, contractor costs and expenses.
Before you jump into a home remodeling project, it’s important that you set a budget, including mapping out for the unforeseen expenses. Something is bound to not quite go as expected along the way or you may decide to upgrade your design choices, so a good rule of thumb is to allocate approximately 20% of your overall budget for unexpected costs that inevitably arise. Once you have an idea of your total remodeling costs, you can get to work on figuring out how you’ll finance your new and improved home. A Home Equity Line of Credit from PFCU can help make it happen!
3.9% APR HOME EQUITY LINE OF CREDIT
Get access to your home equity with PFCU’s 3.9% APR** Home Equity Line of Credit! We offer qualifying members our low-rate Home Equity Line of Credit to help handle life’s pressing financial needs. (All loans are on approval of credit.)
PFCU’s current variable rate is 3.9% APR. Depending upon the amount of equity in your home, we may be able to provide up to $100,000 in a line of credit you can draw upon for up to eight years, with 15 years to repay. The variable rate can go up no more than 5% from your initial rate over the life of the loan.
If you need money for any prudent purpose, call PFCU. Use of home equity should be carefully considered, however, and we will be happy to discuss your financial needs with you first.
Call PFCU today to find out more.
**The daily periodic rate for the 3.9% loan is 0.106849(909) 594-1866