Use Your Home To Finance Your Dreams

Home Equity Line of Credit Fixed Rate – up to 80% LTV***

Term Interest Rate APR* as low as Closing Fees Payment**
Up to 10 Years 5.75% 5.792% $672.50 $548.86 Apply Now

321-456-5441

Home Equity Line of Credit Variable Rate – up to 80% LTV***

Term Interest Rate APR* as low as Closing Fees Payment**
15 Years 4.74% 4.769% $747.50 $388.66 Apply Now

321-456-5441

Do you need money for that home improvement project you have been putting off, or to help you pay off medical bills? Do you simply want to consolidate all of your higher-rate debt into one easy-to-manage payment? Great news, we have millions to lend!

If you are going to face a major financial expense in the future, did you know that if you own a home, you can use the equity of your home as collateral for a home equity line of credit (HELOC)?  With a home equity line of credit you have control apply for a home equity line of creditover how much you need to borrow and when.  One of the best features of a HELOC is that you only have to pay interest on the amount that you borrow, not the total amount of the loan.  In addition to flexibility, another great advantage of getting a HELOC is that they typically have lower interest rates than other types of loans because they are backed by the equity that you have in your house. A HELOC may also provide you with certain tax advantages that you are not able to obtain with another type of loan. Consult your local tax advisor to see if a HELOC could provide you with tax advantages.

Launch FCU HELOC Products

Launch FCU offers HELOCs with variable and fixed interest rates. Both offer great low rates and extended terms.

Home Equity Line of Credit Fixed Rate: With a fixed interest rate, your interest rate will not fluctuate throughout the term of the loan. With a home equity line of credit fixed rate, you are able to borrow up to 80% of your property’s value, up to $150,000.

Home Equity Line of Credit Variable Rate: Variable interest rate simply means that your interest rate may fluctuate over time. With a home equity line of credit variable rate, you are able to borrow up to 80% of your property’s value, not to exceed $150,000.

Loan Type (Fixed or Variable) Fixed
Terms 5-year draw; 10-year term
Loan-To-Value Ratio Up to 80% of property value***
Loan Amount $10,000 to $150,000 (minimum initial draw = $5,000)
Annual Percentage Rate = APR 5.792% APR*
Closing Costs Varies

Draw from the line of credit as you need the money.

Apply Now

Loan Type (Fixed or Variable) Fixed
Terms 10-year draw; 15-year term
Loan-To-Value Ratio Up to 80% of property value***
Loan Amount $10,000 to $150,000 (minimum initial draw = $5,000)
Annual Percentage Rate = APR 4.769% APR*
Closing Costs $747.50*
Fees $95 non-refundable application fee

Draw from the line of credit as you need the money.

Apply Now

Read complete details, terms, and conditions of Launch FCU HELOC.

Applying for a HELOC with Launch FCU is now easier than ever. Use our simple online loan application to apply for your HELOC in the comfort of your own home, or on the go. With our low rates, great terms, and exceptional customer service, you just can’t go wrong. If you live, work, or worship in Brevard or Volusia counties you can apply for a HELOC at Launch FCU.

We are here to help you build possibilities, and a HELOC from Launch FCU is the only tool you need. Call us at 321-456-5439 (inside Brevard), or 800-662-5257 (outside Brevard), or stop by any of our conveniently located branches to get answers to all of your HELOC questions. We can help find you the right product, allowing you to go beyond and reach your goals in life.

Home Equity products can be confusing, but they don’t have to be. Give us a call at 321-456-5439 (inside Brevard) or 800-662-5257 (outside Brevard) or come visit us at any one of our convenient branch offices and let’s talk about which product is right for you.
*

APR = Annual Percentage Rate. The interest rate and APR's shown are subject to change without notice. Closing Fees include estimated appraisal fee, if required, documentary stamps, and recording fees. The maximum loan amount is $150,000. The rate you pay will be based on your credit history. If your risk profile puts you in a higher risk category your rate may be higher. The index used to determine the APR is the Prime Rate published in the Money Rates column of the Wall Street Journal.

**

The payment shown includes principal and interest only. Payment estimates are based on a loan in the amount $50,000 and include an estimated appraisal fee (determined by the county where the dwelling is located), documentary stamps and recording fees.

***

Based on the appraised value of 80% of 100% of the tax assessment.

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