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 6.75% and no closing costs for credit lines up to $250,000 when your initial draw is over $20,000. 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 6.75%, depending on creditworthiness.
- No closing costs option when with an initial advance of at least $20,000 (for credit limits of up $250,000)
LOAN AMOUNT: Up to 80% of Loan to Value
INTEREST RATE: As low as 6.75% 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 6.25% as of September 19, 2022. Floor rate 3.25% and maximum rate 18.00%. No closing costs option when you get an initial advance of at least $20,000 at closing (limit of $250,000 credit lines). All rates and terms are subject to change without notice. Other restrictions may apply.
**No closing costs option when you receive an initial advance of at least $20,000 (for credit lines up to $250,000). If you close your account or pay more than the minimum payment during the first 12 months, we will add any closing costs we paid on your behalf to your outstanding balance.