Don’t Fall Behind on Home Projects;
Get Ahead with a First Ohio Home Equity Loan
The hot weather is fading but the number of projects to do around your house is not. Whether you want to update your windows, get a new roof for another Ohio winter or you want to do a remodel, First Ohio can help. During September and October 2013, you can “bob for apples” for a chance of up to a $200 VISA® Gift Card*. All you have to do is apply and be approved for a Home Equity Loan or HELOC during these months and when you close your loan you get a gift card to help with all your fall projects.
There are many benefits to applying for a Home Equity Product at First Ohio CFCU. One benefit is our great low rates. A First Ohio Home Equity Loan has a rate as low as 3.75% APR** for up to 10 years. Is a HELOC more of what you are looking for? A HELOC*** has a rate as low as 4.00 APR****. Other benefits of getting a Home Equity Product from First Ohio are NO application fees, NO appraisal fees and NO closing costs!!
Now that you have finally found a low rate to help complete your important fall projects, all you have left to do is apply and you will be on your way to saving money and giving your home the love it has been waiting for. Apply for a Home Equity Product with John or Amber at (330) 494-8775!
*Application must be submitted during the month of September or October 2013 and gift card given only if loan closes. Chance drawing, $200 gift card or a $50 gift card. First Ohio staff and family members of First Ohio Staff are not eligible. **Annual Percentage Rate. Sample payment for $10,000 loan for 10 years at 3.75% APR would be approximately $100.08. Sample payment does not include credit life & disability insurance, which is available at a minimal cost to the member. Loan Rates are determined by individual credit history and term of loan. Rates are subject to change without notice due to market conditions. You may want to consult your tax advisor to see if you are eligible for any tax deductions. Properties cannot be financed beyond 80% LTV. *** You can obtain credit advances for 5 years. This period is called the “draw period.” At our option, we may renew or extend the draw period. After the draw period ends the repayment period will begin. The length of the repayment period will depend on the balance at the time of the last advance you obtain before the draw period ends. You will be required to make monthly payments during both the draw and repayment periods. At the time of the credit advance, a payoff period of 60 monthly payments will be used to calculate your payment. **** The annual percentage rate can change on the first day of each month. There is no limit on the amount by which the annual percentage rate can change during any one year period. The maximum annual percentage rate that can apply is 18.0% or the maximum permitted by law, whichever is less. However, under no circumstances will your annual percentage rate go below 4.0% at any time during the term of the plan. Prime rate is quoted in The Wall Street Journal on the first business day of the month.