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2016/03/30

eNews | Make the Most of Your Home's Equity!

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Looking to remodel your kitchen? Adding on to your deck just in time for spring? If you want a flexible, low-cost way to make the most of your home's equity, our NEW Interest-Only Home Equity Line of Credit is a great option! You'll enjoy:

Low Introductory 1.99% APR* for 12 months (current rate as low as 3.00% APR*)
• Lower monthly payments with interest-only payments throughout the 10-year draw period
• Borrow up to 90% of your home's equity
• Low closing costs
• No annual fee
• No prepayment penalties
• Interest may be tax-deductible (consult tax advisor)
• Convenient online and mobile access to funds
• And additional access via checks, CUE Phone, by mail and in-person at the branch

Get your spring plans rolling and make the most of your home's equity today!

For more information, contact your local branch, call us at 877-325-CU4U, or apply online today!





St. Louis Members: In the Market for a New House? 

Don't miss our FREE seminar, Preparing for Home Ownership! You'll learn about the mortgage process, how and why to get preapproved, mortgage loan options, the role of your mortgage loan officer, how to make an offer, plus much more! Join us at any of our remaining dates:

Saturday, 4/9 ~ 9:30am - 11:30am (RSVP by April 1)
ABECU office: 1001 Lynch Street

Wednesday, 4/20 ~ 6:30pm - 8:30pm (RSVP by 4/13)
Lodge of Des Peres: 1050 Des Peres Rd.

Saturday, 5/21 ~ 9:30am - 11:30am (RSVP by 5/13)
Drury Inn O'Fallon, IL: 11188 Central Park Drive

Please RSVP Sheila at 314-657-9302 or ssova@abecu.org.

Visit us online for more information!



Want to save a little extra cash this spring? Check out our latest blog post for tips to cut down on your electric bill and other great ways to make a few bucks.

Coming soon: "April Fools" and "10 Financial Milestones to reach by your 50s"

Join the journey at www.howdoyoucu.org.

 


*APR=Annual Percentage Rate; APR effective 3/1/16. Introductory rate is applicable for first twelve months following open date. After this introductory period, APR is based on the Prime Rate plus or minus a margin based on underwriting & loan-to-value (LTV). APR may vary with Prime Rate after account opening; Floor=2.0%, Cap=15.0%. Loan features 10-year draw & 15-year repayment period. Current 3.0% APR reflects best rate available based on less than 80% LTV & individual creditworthiness. All loans subject to approval; membership eligibility required. Equity limits & underwriting requirements vary by state. Home equity lines of credit are not available to residents of Texas; Choice Home Equity loans are available to qualifying members in all states. Due to geographic limitations, these loans may not be available to members not living near a branch office. Rates, terms, and conditions are subject to change.

1001 Lynch Street | St. Louis, MO 63118

Federally Insured by NCUA | We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS#401252

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