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800.AAA.HELP or
800.222.4357
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800.342.4254 800.342.4254 800.342.4254 855.999.2265

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Home Equity Line of Credit
2.99% APR*
for first 6 months
4.50% APR*
variable thereafter

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* Annual Percentage Rate (APR). Rates and terms effective as of 6/21/2017. Advertised rates and terms are subject to change without notice. Additional terms and restrictions apply. Other loan rates available. Subject to borrower qualification. Advertised APR is based on a loan-to-value of 80% and assumes a 0.25% discount when you set up automatic payments from any checking or savings account. $25,000 draw required at closing.

How much could you get?

Your home’s value
$
Your mortgage balance
$
You could get up to
$
CALCULATE**

What to expect.

1

Get pre-qualified.

Enter a bit of information about yourself and your property to see what your pre-qualified offer is at no risk to your credit score.

2

Submit your documents.

Upload the necessary documentation online or fax it to us. A loan officer will be able to help at any time.

3

Have your home appraised.

To make a final decision on your application, we will order a home appraisal as well as a title and flood search.

4

Close and get funds.

Now you will know the exact amount of your line of credit. Sign your loan documents with a notary and access your funds.

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Why a Home Equity Line of Credit?

A Home Equity Line of credit, more commonly known as a HELOC, is a revolving credit line secured by your home. This type of credit typically has a lower interest rate than a credit card and the interest is usually tax-deductible.** A HELOC is a good choice for you if you need money for home improvements, a big life event, or to consolidate credit card debt.

Why AAA Banking?

At AAA, we are proud to serve our members by offering low rates and user friendly experiences. Our innovative process gets you pre-qualified at no risk to your credit score so you can see what your pre-qualified amount and rate is before you apply for credit. The application process is quick and simple, with customer support standing by to help if you need it.

LOOKING FOR FIXED PAYMENTS?


Do you know the exact amount you need and would prefer fixed payments? A Home Equity Loan might be better for you. We can help with that.

Call us
844.897.2265
GET STARTED
Frequently Asked Questions
How can I estimate the value of my home? You can find the estimated value for your property by visiting zillow.com and entering your address. Your home’s value is based on recent sale prices of similar homes in your area.
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Disclaimers


* Annual Percentage Rate (APR). Rates and terms effective as of 6/21/2017. Advertised rates and terms are subject to change without notice. Additional terms and restrictions apply. Other loan rates available. Subject to borrower qualification. The stated APR assumes a 0.25% discount when you set up automatic payments from any checking or savings account. This discount is not available on the intro rate 2.99%. Advertised APR is based on a loan-to-value of 80%. This is a variable interest rate product. Variable rates are calculated by adding a percentage to the most recent Prime rate published in the “Money Rates” section of The Wall Street Journal. After the initial fixed-rate period, the minimum APR that will be imposed can range from 3.50% to the maximum of 18%. The current fully indexed rate is 4.75%. The advertised rate of 4.50% includes the auto pay discount. Upon approval, your home equity line of credit amount may vary based on your specific situation. A home for sale will have a higher interest rate. Fees and charges: To open and maintain a line of credit, you must pay an annual fee of $75.00 on the account opening date and on each anniversary of this date during the draw period. Taking an initial draw of $25,000 or more as of the account opening date, we will waive the first-year fee. You must also pay certain fees to third parties to open a line of credit. To open a typical line of credit of $75,000, borrower-closing costs are estimated to range from $350 - $2,500 depending on the geographic location of the property. Property insurance is required and flood insurance may be required. During the draw period, your minimum monthly payment will be the interest on your current balance (any funds you have drawn from your HELOC). During your repayment period, your payments will include the principal amount plus interest. Home equity line of credit has a 10-year draw period and a 15-year repayment period. Minimum advance after closing is $100.

The Calculator assumes an 80% combined loan-to-value (CLTV) ratio. Actual CLTV eligibility depends on your state, product, lien position, credit and deposit relationship. This interactive calculator is made available to you as a self-help tool for your independent use and is intended for illustrative purposes only. Any results are estimates only. Changes to the account balance or any of the inputs will alter the results. This calculator does not offer any tax, legal, or financial advice.

**If you have any tax, legal, or financial questions, please consult with a qualified professional.

Auto Club Trust, FSB is an Equal Credit Opportunity Lender.  EHL-FDIClogo

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