New Home
Equity Rates

Rates are 2.99% for the first 12 months!

When you open a new Home Equity choice Line of Credit you are eligible to receive a promotional variable rate on your balances for the first 12 months of 2.99% APR! And remember, with an ESM-NS Home Equity Line of Credit:

  • You can borrow below the Prime Rate.
  • You have the flexibility of borrowing under a fixed or a variable rate basis under the same account.
  • We also offer fixed rates as low as 4.99%APR*!
  • If you qualify for our no closing costs promotion, the Credit Union may cover your closing costs for you.

So whether you are paying off higher price debts, doing Home Improvements or funding College Tuition, there's no better time to open an ESM-NS Home Equity Line of Credit.

To find out more about any of our great home equity products, please contact one of our member service representatives at (315)656-8220 or (315)458-0439.

CUC MORTGAGE.......Click Here

 

 

APR = Annual Percentage Rate
Introductory APR good for the 1st twelve months the line is open and valid for new line of credit only. After that, rates for the variable rate line of credit are based on the High Prime Rate published in the Wall St. Journal- a margin of .51%. As of 01/01/08 the Prime rate was 7.25%. Rates may vary and are subject to change, but will never exceed 18%. The Credit Union, at its sole discretion, may choose to offer promotional rates from time to time below an established fixed rate floor of 7.25%, or the variable rate margin of Prime - .51%. Such offers will not affect the Credit Union's ability to enforce contractual rates in the future. Fixed rate option advances taken under the line of credit are available for terms up to 180 months. Future fixed rate advances beyond current promotional rates being offered will be set at margins between 1% and 2.25% over the Prime rate, depending upon the term selected, and subject to minimum and maximum rates. A $10,000 five-year fixed rate loan at the promotional rate of 5.49% APR would yield a monthly payment of $190.95. Term, rate and payment may vary based on the amount borrowed. Property insurance and hazard insurance are required on the property securing the line. You may also have certain third party fees that could range between $250 and $1,500. The Credit Union may pay your third party fees if you transfer $25,000 or more in new debt to the credit union from another financial institution. If you close your home equity line within three years of the opening date, you will have to reimburse the credit union for any fees paid on your behalf. Home equity choice lines of credit are subject to credit approval. Terms and conditions are subject to change without notice.

 
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esmns@esnms.com