1% Off Personal Loan Rates for May!
Home Improvement Needs and
Low Loan Rates Converge!
Spring is the time to think about home improvement projects and your credit union stands ready to assist you with financing with 1% off personal loan rates for May. Any member can apply for a personal loan for up to $10,000 for up to 5 years ($20,000 with a co-applicant).
"A" credit rated members will get a rate of 9.90% and pay approximately $425 per month for 5 years, for a $20,000 loan. If you only need a one year payback period, "A" credit rated members will get a rate of 6.90% for 12 months.
Now Is the Time To Call!
Call John Coniglio to discuss how Tri-town Teachers FCU can help you with a personal loan (203.227.8511), or visit our web site for more information.
Have a Bigger Project In Mind?
Home Equity Credit Line
For those big projects, we can offer you a home equity credit line, (not included in discount program) currently at 4.03%. This product offers the opportunity to draw down up to $100,000 for up to 5 years and you have an additional 10 years to pay it off. It has a variable rate that is capped at 5 percentage points of your original interest rate.
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Fixed Home Equity Loan
Another option is our fixed home equity loan. This loan offers a fixed rate for those who do not want to worry about their rate changing over time. This product offers a home equity loan, up to $50,000 for 15 years. If you need less, you can choose up to $25,000 for 10 years. Both offer a fixed interest rate of 5.25%. With this loan, you will draw down the full amount and pay a fixed monthly amount.
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Both of these loans require that your home has at least a 80% loan to value ratio, based on a home value appraisal that we will arrange. In addition, we share the closing costs with you; generally about $400 each. Don't Miss the May Personal Loan Rates
Call Our Office Today - 203.227.8511!
And Don't Forget the Annual Meeting on May 7th,
at 4:30pm at the Westport Senior Center
