Equity Line Plus
Home Equity Rates as low as 3.99% APR*
Equity Line Plus gives you access to cash to make home improvements, pay for college tuition or medical bills, or consolidate debt. You can also use the equity in your existing home to put down money on your next home, frequently referred to as a Bridge Loan.
Adapts to Your Changing Needs
Free up credit as you make payments, so you can re-draw money as you need without applying for a new loan.
Flexible Credit Line Amounts
Line amounts starting at $10,000 to meet your needs.
No Interest Until You Withdraw
Equity Line Plus gives you access to cash, but you don’t pay any interest until you actually withdraw it.
Can Be Used to Save You Money
Transfer your high-interest credit cards to a home equity line to help you pay them off sooner. This can also provide potential tax advantages.**
Apply Online in Minutes
Fill out our easy online loan application.
Equity Line Plus
|
Product |
APR |
Margin |
Floor Rate |
Max Rate |
|---|---|---|---|---|
Fixed Rate Segment for Equity Line Plus - 85% Combined Loan to Value (CLTV) or Less | 3.99%-12.79% | N/A | N/A | N/A |
Principal and Interest Payment Product - 85% Combined Loan to Value (CLTV) or Less | 5.74%-11.49% | 0.24%-5.99% | 5.74%-11.49% | 18.00% |
Interest Only Payment Product - 85% Combined Loan to Value (CLTV or Less) | 6.24%-11.99% | 0.74%-6.49% | 6.24%-11.99% | 18.00% |
|
Maximum Rate is 18%. Rates above are available for owner occupied, detached 1-4 family residential properties only. Please view Disclosures (PDF) for additional information. You may also contact us and ask to speak to the Unitus Residential Equity Loan Department for additional rates, terms, conditions, and fees and/or for a personalized loan quote. |
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How it Works
Equity Line Plus is a revolving line of credit. You make payments and pay interest only on the amount you spend.*
For example, let’s say you have $75,000 available on your line of credit and you want to pay off a student loan totaling $15,000. Contact us and we’ll set up a fixed-rate segment¹ for $15,000. When you want to remodel your kitchen for $25,000 we will set up another segment on your line of credit. You can create up to five segments on your Equity Line Plus and make one convenient monthly payment.
APR is variable. $50 annual fee waived first year. Property insurance is required for this loan.
You Deserve All the Credit
Want a card with zero fees and big rewards? Look no further than the Unitus Platinum Rewards Visa® Card.***
