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The right home equity loan can brighten your future.

A new kitchen, a college degree, a vacation home, a down payment for your first home… whatever your heart desires. Whether you own a property—or are looking to buy one—our RealtyLine Plus Home Equity Line of Credit can help you fund your big goals.

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Borrow up to 80% of your home's equity.

Get the purchasing power you need to fund your projects and enjoy a credit line of up to $250,000.

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Enjoy 3.95% APR* for the first year.

This top-of-market rate plus interest-only payments make this HELOC more affordable.

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Use this HELOC to buy a new home.

Ask about simultaneous closings to learn more about using a HELOC to fund the down payment and closing costs on a new home.

Banking that’s good. For you.

We want you to succeed. When it comes to our Interest-Only RealtyLine Plus Home Equity Line of Credit (HELOC), that means a good rate, low fees, simple rules, clear communication and unbiased advice.

A Quorum loan officer will explain it all, help simplify the process and treat you like a VIP every step of the way.

 

Interest-Only RealtyLine PLUS HELOC

Borrow up to 80% of the appraised value of your home, with an introductory rate of 3.95% APR* for the first 12 months. You’ll pay interest only during the draw period. You’ll enjoy:

  • Interest only payments for 10 years, with a 20-year repayment period

  • Lower rates and fees compared to banks

  • Credit line up to $250,000

  • Personalized customer service

Not sure which home equity solution is right for you? Have questions? Speak to an expert today.


Looking for other Home Equity Line of Credit options?

If you're looking to borrow more of your equity with a longer draw period (15 years), check out our Principal and Interest RealtyLine HELOCBorrow up to 100% of your home's equity at rates as low as 5.50% APR*. You’ll pay principal and interest during the draw and repayment period.

If you're looking for a HELOC where you can use your investment property as collateral or if you're interested in buying an investment property, check out our Investment Property HELOCLearn more.


 

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Discover why more people prefer Quorum. 

We're a credit union, not a bank. So we've made it our mission to help you get the most out of life—without the usual hassles.

 

With our Interest-Only RealtyLine Plus HELOC, you can access your credit line for 10 years and make interest only payments during this time. Then, you have 20 years to pay down the line, with regular principal and interest payments. You can prepay the line in part or full at any time with no penalties.

 

As a credit union you can be sure that our rates and fees are some of the lowest in the market and our rate caps are much lower than most banks, making our loan products more afforable for everyone!

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*DISCLOSURES:

Interest-Only RealtyLine Plus Home Equity Line of Credit

Rates and APR: The Introductory Annual Percentage Rate (APR) is  3.95% and applies only for the first 12 months of the loan, whether or not funds have been advanced from your account during that time. This introductory APR is in effect and in effect as of 08/01/19. Loans still within the twelve month introductory period will adjust after the introductory period ends. The rate, including the rate on any existing balance, will convert to the applicable APR thereafter, which is as low as 5.49% as of 08/01/19. The Floor Rate is 3.95%. Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index - as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history, loan amount, property usage, and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member's home, and is available only for single family residence, 2-4 unit owner occupied, and condominiums, excluding co-ops. Minimum line-of-credit amount: $10,000. No draw required at closing. No application, annual or termination fees; appraisal fee varies. No pre-payment penalty. Mortgage tax may apply in some states. This Home Equity Line of Credit is not available in TX. All loans are subject to credit approval.  

 

Principal and Interest Realtyline Home Equity Line of Credit

Rates and APR: The Annual Percentage Rate (APR) is as low as 5.50% as of 08/01/19. The Floor Rate is 3.95%. Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index - as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history, loan amount, property usage, and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member's home, and is available only for single family residence, 2-4 unit owner occupied, and condominiums, excluding co-op's. Minimum line-of-credit amount: $10,000. No draw required at closing. No application, annual or termination fees; appraisal fee varies. No pre-payment penalty. Mortgage tax may apply in some states. This Home Equity Line of Credit is not available in TX. All loans are subject to credit approval.