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1 Home Equity Lines of Credit (HELOC) are variable-rate lines. Rates are as low as 7.750% APR and 8.750% for Interest-Only Home Equity Lines of Credit and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, line amount, and occupancy, so your rate may differ. HELOC has a minimum APR of 3.99% and a maximum APR of 18%. Members who choose to proceed with an Interest-Only HELOC may experience significant monthly payment increases when the line of credit enters the repayment phase. One Community Federal Credit Union will pay for all closing costs on HELOC applications dated on or after April 1, 2025. Covered closing costs paid to 3rd parties include settlement fees, credit reports, flood determinations, property valuations (including appraisals, if required), title searches, lender’s title insurance, recording, and government charges. The member is responsible for prepaid interest and escrow payments for 1st lien HELOCs. Member must carry homeowners’ insurance on the property that secures the HELOC. For loan amounts up to $250,000, closing costs typically range between $300 and $2,000. Offer is subject to change or cancellation without notice. Rates are subject to change. 2 Product features subject to approval, which is based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, loan amount, line amount, and occupancy. The borrower must sign an attempt to continue with the application stating that if they should stop the application process or the equity available is less than the $10,000 required for an initial advance, borrower must cover costs incurred up to that point including but not limited to appraisal, title work and any related fees.sign an attempt to continue with the application stating that if they should stop the application process or the equity available is less than the $10,000 required for an initial advance, borrower must cover costs incurred up to that point including but not limited to appraisal, title work and any related fees.