Home Equity Loan and Home Equity Line of Credit

SharePoint offers a variety of loan solutions for homeowners to make repairs, upgrades, additions or even use their equity to finance larger purchases, consolidate debt or finance an education. SharePoint’s solutions are unique, all offering great rates, flexible terms and convenient access to the funds you need to accomplish your dreams and goals.

Home Equity Line of Credit Special (80% LTV)

Intro Rate: 2.99% APR* for 12 months, thereafter a variable rate, currently 4.00% APR

*APR = Annual Percentage Rate. To view full details, click here. Subject to approval. Introductory offer valid for new HELOCs only. Promotional rates available for HELOC’s under 80% Loan-To-Value. Promotional rate will be 2.99% for first 12 months and change to a variable rate thereafter. Rate will change to the effective Wall Street Journal Prime Rate after a full 12-months, currently 4.00% APR ( due to floor). Promotional rates available for HELOC’s over 80% Loan-To-Value. Promotional rate will be 3.99% for first 12 months and change to a variable rate thereafter. Rate will change to the effective Wall Street Journal Prime Rate, plus a set margin of 3.00% after a full 12-months, currently 6.25% APR. A HELOC will never go below 4.00% APR and will not exceed 18.00% APR and will never exceed the highest allowable rate for this type of agreement as determined by applicable state or federal law. A HELOC has a seven-year draw period with a ten-year repayment period. Property must be the primary residence. Home Equity Loan and Credit Lines may only be written for homes in MN and WI. Closing costs will vary based on loan amount, appraisal requirement, geographic location, and title examination findings. For loan amounts of $25,000 to $150,000, costs will typically range from $816 to $1,116 including an appraisal if one is required. Property insurance required for Home Equity Loans and Credit Lines. Subject to credit approval and require income verification. Rates and terms are subject to change. Cannot be combined with any other offer. NMLS# 527701. Contact a SharePoint Credit Union Representative for details. Offer ends 12/31/2021 and subject to change without notice.