Thiokol Elkton Federal Credit Union
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          Home Equity

Loans

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If you need money for remodeling, home improvements or any reason, call the credit union about a Home Equity Loan.   Now is the time to get a great rate!

 FIXED RATES:

                                                               5.50% -  5 Years  

 6.00% -  6 Years

 6.25% - 7 Years

    6.75% -  8 Years 

   7.00% -  9 Years

    7.25% - 10 Years

VARIABLE RATE:

5.00% - 15 Years   (Prime Rate + 0%)

Based on 80% of appraised value less first mortgage. $150,000 maximum per member; $10,000 minimum.   No points.   Member pays for appraisal, title search, recording and closing costs (Est. $250 to $l,000)  Rates slightly higher for loan-to-value ratios higher than 80%.   Rates Subject to change without notice.

Call Today! 410-392-5660 (local) or 800-662-7460 (outside the area)