Patriot Federal Credit Union

Flex Equity Line

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Our Flex Equity Line gives you the best of both worlds. You can use it two ways for more flexibility.

  1. A variable rate line of credit
  2. You can take advantage of the option to lock in a portion of your balance at a competitive fixed rate, fixed term and fixed payment.

Your Money

Our Flex Equity Line gives you the flexibility to use the equity in your home to have cash on hand when you need it. Plus, as you make payments, the money becomes available again in your line of credit. Get the funds you need when you need them. You can enjoy the flexibility of having funds available to meet your needs, along with some great flexible features!


 How it Works

Flex Equity Frequently Asked Questions 

Check Our Rates

*Introductory 4.99% Annual Percentage Rate (APR) is effective for the initial 12 months of the line credit portion. After the introductory period, the rate converts to the standard variable.  The standard variable rate will vary with the Wall Street Journal Prime Rate (the index) currently 8.50 % as of July 27th, 2023, plus a margin. No floor rate on this product.  Maximum APR is 18.0%.  Annual Percentage Rate (APR) shown is for applicant with credit scores 735 or higher on up to 70% financing. Other rates available for up to 90% financing. Your payment and rate are subject to change. This product has a Fixed Rate Option, the current Fixed Rate Option  Annual Percentage Rate (APR) shown is for applicant with credit scores 735 or higher on up to 70% financing for at term of 60 months.  Member responsible for recordation tax, amounts vary by location and amount borrowed. $99 origination fee will apply. Homeowners insurance required. $7500 minimum line of credit. Loan product terms may change at any time without notice. All loans are subject to credit approval. Insured by NCUA. Equal Housing Lender.

** Consult a tax advisor

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