Home Equity Loans & HELOCS 121 Financial Credit Union lets you tap up to 80% of your home's appraised value to finance repairs or renovations.
Our "Honey Do" HELOC is Back & Even Better!
Sick of that pink bathroom tile? Staring at popcorn ceilings? Is your stove older than you are?
Make improvements and upgrades with a flexible “Honey Do” HELOC from 121 Financial with a rate as low as 8.75% and the credit union will pay up to $500.00 of your closing costs with an initial advance of $20,000 and the plan remains open for 12 months (for credit limits of up to $250,000). Borrow up to 80% of your home's appraised value -- the most allowed by any lender in Jacksonville -- and get to work.
- Borrow up to 80% of your home's appraised value.
- Rates as low as 8.75%, depending on creditworthiness.
- The credit union will pay up to $500.00 of your closing costs with an initial advance of $20,000 and the plan remains open for 12 months (for credit limits of up to $250,000)
LOAN AMOUNT: Up to 80% of Loan to Value
INTEREST RATE: As low as 8.75% APR*
*APR = Annual Percentage Rate. Variable rate tied to Wall Street Journal Prime Rate plus a margin. Rate is based on Prime plus .50% and changes when Prime changes. The margin used will depend on your individual creditworthiness. Prime rate is 8.25% as of May 23, 2023. Floor rate 3.50% and maximum rate 18.00%. The credit union will pay up to $500.00 of your closing costs with an initial advance of $20,000 and the plan remains open for 12 months (for credit limits of up to $250,000). All rates and terms are subject to change without notice. Other restrictions may apply.
**The credit union will pay up to $500.00 of your closing costs with an initial advance of $20,000 and the plan remains open for 12 months (for credit limits of up to $250,000). If you close your account during the first 12 months, we will add any closing costs we paid on your behalf to your outstanding balance.
