|Term||Interest Rate||APR||Monthly Payment per $1,000|
|Home Equity Loans*|
*Rates are effective as of February 11, 2020 and are subject to change without notice. The interest rates and APR's (annual percentage rate) shown above include a 0.25% discount for automatic loan payments from a PNCU Perks checking account. Homeowner's insurance and flood insurance (if applicable) are required. Typical legal and recording fees will be paid by the credit union. Borrower(s) will be responsible for any fees related to trust review, subordination, discharges, etc. If an appraisal is required, the appraisal fee will be paid by the borrower(s). The minimum loan amount is $10,000.00 and the maximum loan amount is $250,000 for 1-4 family owner-occupied homes with a maximum 80% loan to value (LTV) or combined loan to value (CLTV). The credit union must be in 1st or 2nd lien position.
All loan applications are subject to credit union underwriting guidelines and property approval. Consult a tax advisor concerning deductibility of interest. You must be come a member of the Polish National Credit Union if you are granted a loan and must remain a member for the life of the loan. Membership is attained by opening deposit account and is open to individuals who live, work or attend school in Hampden, Hampshire, Berkshire and Franklin counties in Massachusetts and Hartford, Litchfield and Tolland counties in Connecticut. Please contact a mortgage loan originator for more information.