@TODO OnPoint Logo Here | Home Equity Lending Rates and Disclosures | |||
Effective: May 01, 2026 | ||||
OWNER OCCUPIED LINES OF CREDIT | Maximum Loan- | Available Terms | Annual Percentage | Estimated Minimum Monthly Payment |
EquityFlexTM Line of Credit | Up to 80% LTV | 10-year | 6.500% – 7.125% | 1.5% of outstanding balance or $25, whichever is greater3 |
80.01% – 100% | 10-year | 8.75% – 9.25% Variable | 1.5% of outstanding balance or $25, whichever is greater3 | |
EquityFlexTM Interest Only Line of Credit | Up to 80% LTV | 10-year | 6.75% – 7.25% | Accrued interest on balance owed or $25, which ever is greater3 |
OWNER OCCUPIED FIXED PORTIONS | Maximum Loan- | Available Terms | Annual Percentage | Estimated Minimum Monthly Payment |
EquityFlexTM Fixed Portion Option6 | Up to 80% LTV | 5 – 20 years4 | 7.750% – 7.750%5 | $324.96 based on a 15-year, $35,000 portion at 7.50% APR |
80.01% – 100% | 10 – 15 years4 | 7.750% – 7.750%5 | $218.89 based on a 15-year, $20,000 portion at 10.50% APR | |
EquityFlexTM Fixed Portion Option- in first lien position6 | Up to 80% LTV | 5 – 20 years4 | 7.750% – 7.750%5 | $305.67 based on a 15-year, $35,000 portion at 6.50% APR |
NON-OWNER OCCUPIED OPTIONS | Maximum Loan- | Available Terms | Annual Percentage | Estimated Minimum Monthly Payment |
Non-Owner Occupied | Up to 65% LTV | 10-year | 9.00% – 9.50% Variable APR2 | 1.5% of outstanding balance or $25, whichever is greater3 |
Non-Owner Occupied | Up to 65% LTV | 10 – 20 years4 | 9.50% – 10.00% Fixed APR5 | $366.19 based on a 15-year, $35,000 portion at 10.00% APR |
OnPoint Rewards Discount. Borrowers who are eligible for OnPoint Rewards receive 0.25% off of the interest rate for fixed rate portions of EquityFlex loans when converted. The discount does not apply to the variable rate. Qualification terms and conditions apply. Please see an OnPoint representative or visit onpointcu.com for more information about eligibility. | ||||
Solar Panel Discount. Fixed Portion Options with proceeds used to purchase solar panels receive a 0.25% discount off stated APR. The discount does not apply to Streamline First Lien Fixed Portion Option or existing OnPoint EquityFlex fixed portions. A review of the purchase order or invoice is required to qualify. The discount applies to invoice/purchase order amount, not to exceed $12,000. | ||||
For important lending terms and conditions, please see page 2. | NCUA Logo Here | Equal Housing Logo Here | ||
@TODO OnPoint Logo Here | Home Equity Lending Rates and Disclosures | |||
Effective: May 01, 2026 | ||||
IMPORTANT TERMS AND CONDITIONS | ||||
EquityFlex Lines of Credit have a maximum 30-year term with a 10-year draw period and a 20-year repayment period. All EquityFlex Lines of Credit include a $75 Annual Fee during the draw period, which is waived the first year. There is no Annual Fee during the repayment period. Property insurance is always required and flood insurance is required where necessary. Certain property types are not eligible collateral. Borrower pays closing costs and third party fees, which range between $125 -$2500 (estimate). This includes flood certification, appraisal, title insurance, lien and encumbrance report, lien recording fee, and escrow fees if required. Upon payoff/closure, there will be a Deed of Trust reconveyance fee. Please refer to the Personal Fee Schedule at the time of payoff/closure for the current amount due.
1Loan approval is subject to credit approval and program guidelines. Maximum loan to value, maximum amount financed, and applicable margin are subject to equity value and OnPoint’s credit and underwriting requirements. Maximum amount for fixed portions are determined by the EquityFlex Line of Credit limit. For EquityFlex Line of Credit with LTV over 80%, the amount financed may not exceed $50,000. For EquityFlex Interest Only Line of Credit, the amount financed may not exceed $150,000.
2EquityFlex Line of Credit rates are variable and based on The Wall Street Journal Prime Rate plus a margin of 0% – 2.75%, depending on occupancy, LTV, and creditworthiness. The APR will vary with the Prime Rate. Rates are subject to change without notice. The Prime Rate is subject to adjustment on the 21st day of each month based on the Prime Rate published in The Wall Street Journal on the 10th day of the month (or the next business day if the 10th falls on a weekend).
3Estimated minimum monthly payment is for the draw period only. The repayment period is subject to change.
4Not to exceed 30 years from the origination date of EquityFlex Line of Credit.
5OnPoint’s fixed rates are subject to change without notice.
6You may convert all or a portion of your outstanding variable-rate EquityFlex Line of Credit balance to a fixed rate balance resulting in fixed monthly payments at a fixed interest rate. The APR will be set equal to the standard EquityFlex Fixed Portion rate at the time of conversion. The fixed portion amount must be at least $5,000 and no more than the total existing line of credit limit. There is no fee to convert a line of credit to a fixed portion or to convert a fixed portion back to a line of credit.
