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ECU

Enterprise Credit Union

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enterprise second mortgage

Second Mortgage

Home Equity Line of Credit
HELOC Rates = to Prime rate

Floor of 4%
  • Access your equity through the life of the loan.
  • Manage your line of credit online or through our App
  • Quick approval
  • Low Closing Cost
  • Can borrow up to 90% of home’s value
  • Closed End Second Mortgage
    Interest Rates as low as 4.49%

  • Low, fixed Interest rates
  • Quick approvals
  • Terms as long as 10 years
  • Low monthly payments
  • No pre-payment penalties
  • Low Closing cost
  • Can borrow up to 90% of home’s value
  • Second mortgage closed end disclosures

    APR is Annual Percentage Rate. Normal lending policies apply. APR available on owner-occupied, 1-4 family primary residences. Closing costs range from $400- $800. 90% CLTV (Combined loan-to-value) or less. Property insurance required. Actual payments will be higher with taxes and insurance. Rates and terms are subject to change; additional restrictions may apply. NMLS ID: 797256.

    HELOC Disclosures

    APR is Annual Percentage Rate. Normal lending policies apply. Variable APR. Available on owner-occupied, 1-4 family primary residences. Rates subject to change monthly of the 15th. The highest prime rate published in the wall street Journal the second Tuesday of the month; Maximum APR is 18%. Payment is 1.5% of the unpaid balance or $75 whichever is greater. Closing costs range from $400- $800. 90% CLTV (Combined loan-to-value) or less. Property insurance required. $25 annual fee. Rates and terms are subject to change; additional restrictions may apply.

    Your house is an asset, put your equity to work!

    Payment Calculator

    All rates and terms based on Credit score of 680 or above and minimum 20% equity (Terms of services)