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    Auto Rates
New cars as low as
5.25%
Used cars as low as
5.75%
100% financing available
for qualified buyers
 
    
New Home equity lines of
credit for as low as
Prime + 1
Free closing costs provided
first advance is
$10,000 or more
Prime Rate: 3.25%
Current as of: 06-01-10



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Home Equity Loans
Terms available-up to
Up to 180 months
Minimum loan amount
$5,000
Current annual percentage rate
Mortgage/Home Equity Rates
Repayment terms
Revolving
Maximum dollars financed
80% of Value*
*for qualified buyers
Closing costs
(with $10,000 initial advance)
None*

A Home Equity Loan from Chatham Federal can tap into your home's value by providing you with the necessary funds for:
  •  Home Improvements
   
 •  Education
  •  Medical Emergencies
   
 •  Vacations
  •  Investment Opportunities
   
 •  Automobiles
  •  Bill Consolidation
   
  

Perhaps you can think of other good reasons to tap into the equity in your home. With our home equity loan you can choose when you want to use the loan, and for what purpose.
To determine your home equity borrowing potential, use this simple formula:
Your home's estimated market value
   
$_____
Multiply by 100%
   
$_____
Equals
   
$_____
Subtract your first mortgage balance
   
$_____
Equals your borrowing potential
   
$_____

SAVE$$$$
Chatham Federal Credit Union's home equity financing rates are typically much lower than most credit cards or personal loans, with rotes os low as prime. You may also enjoy tax savings if the interest you pay on home equity financing is tax deductible. Check with your tax advisor for details.
*    Loan officer will provide estimate upon receipt and acceptance of your home equity application if your initial advance amount will be less than $10,000



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