Home Equity Lines Rates & Loan Options

MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances it would take 6 years 11 months to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 6.5%. During that period, you would make 82 payments of $150.00 and one (1) final payment of $141.10. Some restrictions apply. Subject to credit approval.

*2.49% fixed Annual Percentage Rate (APR) for first twelve months. Thereafter, variable APR adjusted quarterly based on Wall Street Journal Prime Rate (index) – a margin for the life of the loan. As of March 31, 2019, the Prime Rate was 5.50%. Current APR as of 5/16/2019 is 5.00% APR, which includes a -0.50 margin and assumes great credit and loan to value <=80%. Maximum rate of 18% APR. Rates and terms will vary depending upon loan-to-value and credit qualifications. Introductory offer not available for refinances of existing Argent home equity loan/line of credit. No closing costs. Not available for home purchase or investment properties. If you close your line of credit within thirty-six (36) months, you will be required to reimburse the Credit Union for closing costs paid on your behalf. Property insurance is required, flood insurance may be required. Consult with your tax advisor on potential tax savings. Certain restrictions apply. Limited time offer. View Disclosure

**This plan has a variable rate feature during the draw period and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate includes only interest and no other costs. We may pay certain third party fees on your behalf. However, you will be liable to reimburse us these fees (These fees generally total between $400 and $1,000. If you ask, we will provide an itemization.) if you close the Plan within the first 36 months after it is opened. Any amounts owed can be added onto the principal balance. The annual percentage rate is based on the value of an index. The index is the Prime Rate published in the Wall Street Journal. When a range of rates has been published the highest rate is used. We will use the most recent index value available to us as of the last day of December (for February adjustment), March (for May adjustment), June (for August adjustment) and September (for November adjustment). Up to 80% LTV: rate calculated at Prime – 0.50. Maximum rate 18%. Up to 90% LTV: rate calculated at Prime + 0.50. Maximum Rate 18%.

Argent Credit Union, Inc. is an Equal Housing Lender registered with the National Mortgage Licensing System under registration number 421982.

HELOC Early Disclosure

Amy R. Masi – NMLS #685519
Penny S. Crampton – NMLS #685520