Affinity Federal Credit Union

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	EasyFLEX Home Equity Line of Credit		Click here for full rates, terms and disclosures. Thinking about home improvements? Wondering about college tuition? Considering a car purchase? For all your planned – and unplanned – expenses, the Affinity EasyFLEX Home Equity Line of Credit combines the best features of a line of credit and a fixed-rate loan into one convenient account! Like most lines of credit, you have immediate access to cash for any purpose. What makes EasyFLEX better is that you can convert any portion of your credit line into a fixed-rate loan—without reapplying! Take out one variable-rate loan and up to three fixed-rate loans at any one time, just stay within your approved EasyFLEX limit Borrow only what you need, when you need it As you pay back the principal, your available balance increases There are no pre-payment penalties or closing costs in NJ Interest on your loan(s) may be tax deductible; consult your tax advisor EasyFLEX is available nationwide, except in Texas. Here's How It Works Treat your EasyFLEX account as a regular home equity line of credit, and borrow some or all of the funds you need at any time within your 15-year withdrawal period. Or, borrow some of your funds as a line of credit, and the remainder as fixed-rated loans. Moreover, you can take out each fixed-rate loan independently or at the same time. You are free to choose. Home Equity Line of Credit A 15-year term from the date your line is approved No initial withdrawal requirement Advantages of a variable rate and a minimum payment Fixed-Rate Loans Available with terms up to 5, 10, 15 or 20 years Minimum $5,000 withdrawal Security of a fixed payment
	Get Started		Fast Approval – Get Started Now! Open your EasyFLEX account by contacting our Member Service Center today. If you apply online or by phone at 800-325-0808, we'll close your EasyFLEX Home Equity Line of Credit in just seven business days or we'll give you $250 guaranteed! You can also open an account any branch location.
			For additional rates, terms and disclosures, click here. You may be eligible to receive a preferred rate under this plan. You will be eligible for the preferred rate if automatic payment from an Affinity FCU account is set-up at closing. If you close with out establishing automatic payment from an Affinity FCU account or if you fail to maintain preferred rate status, we may increase your ANNUAL PERCENTAGE RATE .25% above the preferred rate. Rates are subject to change without notice. Your Easy Flex Home Equity Line of Credit (HELOC) has a variable rate; your ANNUAL PERCENTAGE RATE (APR) may change monthly. The maximum APR that may be charged is 18%. There are no closing costs on properties located in the state of New Jersey. Properties not located in New Jersey may be subject to state specific mortgage tax fees. Such fees will vary from state to state and typically range from $0.00 and $5,000.00. Consult your tax advisor regarding the deductibility of interest under this plan. Within the Easy Flex Home Equity Line of Credit (HELOC) there is a fixed-rate option which you may use for up to 3 advances at any one time. When you choose this option, the interest rate you receive for that advance will be fixed until the balance is repaid. Your fixed interest rate will be determined by the credit union adding or subtracting a margin at its sole discretion, to the U.S. Prime Rate published in the Wall Street Journal at the time you choose this option. As you pay back the principal of your fixed rate loan, the available balance on your Easy Flex HELOC increases. This fixed loan option is available for the first 15 years of your HELOC. HELOC loans and Fixed Rate Home Equity Loans are not offered in Texas. South Carolina requires members to have a closing attorney.

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