Home Equity Line of Credit Rates | WECU – WECU’s home equity lines of credit are adjustable rate mortgages based on the prime rate. The loan rate is reviewed quarterly. The prime rate is determined 10 days prior to the end of each quarter from the money section of the Wall Street Journal. *Annual Percentage Rate (APR) – the annual yearly cost of credit.
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You currently offer the ability to open a personal line of credit and use that as overdraft protection. Why not allow this to be linked to your Home Equity Line of Credit, or any other BECU line of credit for that matter?
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Resentment Builds Ahead of Bank Transfer Day – He closed two accounts at Chase and moved to Boeing Employees Credit Union, now BECU — open to everyone. After the sale, he saw his credit lines cut, which caused his credit score to dip because.
Traditionally, if you wanted to borrow against the equity in your home, you could either get a fixed-rate home equity loan or draw money against a home equity line of credit (HELOC), a closed-end.