Home Equity Line of Credit

Home EquityA Home Equity Line of Credit will allow you the quick access of your money and a plan to pay it back over a period of time that makes repayment comfortable for you. Consult with your tax advisor for possible tax benefits to which you may be entitled. Apply online today, stop by any of our branch offices, or call us at 401.233.4700.


  • Rates as low as Prime minus .50%
  • Check writing capability for major purchases
  • No annual maintenance fee
Effective date: 03/29/2017

Home Equity Line of Credit

Home Equity Line of Credit10 Years1.99% Introductory Fixed Rate for First 12 Billing CyclesThereafter, remaining term will automatically convert to a variable rate of interest as low as prime minus 0.50%. At the end of the loan term a balloon payment may be required if only the minimum payments are made.

Advertised Introductory *Annual Percentage Rate (APR) of 1.99% is the lowest available and is fixed for the first 12 months. Offer based on individual credit worthiness and subject to loan to value (LTV) of 80%. After initial 12 monthly billing cycles, rate automatically reverts to a variable rate of interest as low as Prime minus 0.50% as published in the Wall Street Journal 30 days before the date of any rate adjustment. As of 3/16/17 Prime Rate was 4.00%. Offer limited to 1-4 family owner-occupied primary residence properties only. Property insurance (and flood insurance if applicable) required. Offer and rate is subject to change at any time without notice. Other terms and restrictions may apply. APR will not exceed 18% with a minimum rate of 3.50%. If home equity is paid in full and closed within twelve (12) months from the opening date, a prepayment penalty may apply. RI: up to but not to exceed 2% of the balance due at time of payoff; MA: remaining balance of first year’s interest or amount equal to last 3 months’ interest, whichever is less. Existing NCU home equity lines/loans are not eligible for refinance with this promotion. Other rates and terms available. Inquire for full details.

Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending is available for review. The data shows geographic distribution of loans and applications; race, gender and income of applicants and borrowers; and information about loan approvals and denials. Please contact the mortgage department regarding where HMDA data may be inspected.

Navigant Credit Union Nationwide Mortgage Licensing System & Registry ID: 462987