Home Equity Loans and Lines of Credit

Rates effective as of

Home Equity/Fixed
Loan Amount APR* Term Financing
$20,000.00 - $400,000.00 4.49%** 120 Months Up to 80%
$20,000.00 - $400,000.00 4.49%** 180 Months Up to 80%
$20,000.00 - $400,000.00 5.49%** 240 Months Up to 80%

Rates effective as of

Home Equity/Lines of Credit
Loan Amount APR* Term Financing
$20,000.00 - $250,000.00 Prime1 Up to 300 Months Up to 80%

*APR Is The Annual Percentage Rate.

**Rates listed reflect a 1.00% APR discount for account relationship pricing. To qualify for this discount, one of the following is required: 1) An active Mills42 checking account with a minimum of twenty (20) debit card transactions monthly or eight (8) electronic debit/credit transactions monthly. Maintaining a qualifying Rewards Checking Account will also satisfy this requirement. 2) Direct Deposit to pay loan (automatic distribution of direct deposit to satisfy monthly loan payments). 3) An existing loan with Mills42 that has a current balance (excludes VISA Credit Card and overdraft protection). Closing costs paid by the credit union will be added to final loan payoff amount if the loan is paid off within 3 years of loan closing date. All rates and fees are subject to change without notice. Some restrictions may apply. Member eligibility is required.

1Annual Percentage Rate is variable based on Wall Street Journal Prime Rate or 3.25%, whichever is higher. The minimum Annual Percentage Rate that can apply during the term of the loan is 3.25%. Rate of loan will be reviewed semi-annually, on June 30th and December 31st, and will be adjusted if applicable. Borrow up to 80% of the appraised value of the home minus balance owed on first and second mortgages. No closing costs apply. Rates are determined based on personal credit history, account relationship with Mills42 and payment method. Other rates and restrictions may apply. Membership eligibility is required.