Get Cash From Your Home When You Need It!
Whatever you need to get done ... you can do it with FreeStar Financial Credit Union's low-interest Home Equity Line of Credit (HELOC).
- Debt consolidation
- Home improvements
- College tuition
- Wedding expenses
- Vacation
- Rainy day fund
Benefits Of A FreeStar Financial HELOC Include:
- Borrow up to 90%* of your home's value
- No annual fee
- No minimum draw required
The HELOC rate is guaranteed for 5 years and adjusts every 5 years after that. There is a 10 year draw period and monthly payments are calculated based on a 15 year repayment. You only pay on what you borrow. A HELOC is a great safety to carry you through life.
Please contact us at 586-466-7800 opt. 2 or click below to have us contact you at a convenient time.
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*ONLY applies on 2nd lien HELOCs when FreeStar Financial is in 1st lien position. Otherwise, 80% is the maximum.
| Home Equity Line of Credit | |
| Effective Date: December 15, 2022 | |
| Type | APR* |
| Adjusts every 5 years | 7.5% |
| *A loan of $25,000 @ 7% for 180 months would have a monthly payment of $228.22. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386 | |