Home Equity Loan
Loan Details
Competitive fixed interest rates for term of the loan
Terms from 60 months to 180 months
Loans up to 90% Loan to Value
Benefits of a Home Equity Loan
Can be used to consolidate loan debt
Apply once with a fixed rate
May reduce the term of your mortgage and build equity faster
Can be used to refinance a home mortgage
Mortgage Loans
Loan Details
Thrive offers a variety of mortgage types to fit everyone’s unique needs. Whether you are looking to refinance your current home or make a new home purchase, Thrive is here for all your mortgage needs. With the help of our mortgage loan company, Member First Mortgage, Thrive loan officers will walk you through the purchasing process from pre-approval to closing and make sure you are comfortable and understand the purchasing or refinancing process every step of the way.
Home Equity Line of Credit (HELOC)
Loan Details
Low monthly payment of 1% of the outstanding balance
Interest rates equal to Prime Rate as published in Wall Street Journal
Loans up to 90% Loan to Value
Benefits of a HELOC
Borrow again and again without re-applying
Only make payments on the amounts you borrow
Variable Rate
Security of being able to pay for unexpected expenses and emergencies
HELOC Rates
Description | Term Description | APR As Low As |
---|---|---|
Line of Credit | 20 | 8.50% Variable - Adjusts Monthly % |
* Add 2.00% on Rentals
** APY on home equity loans equal quoted APR*