NuHOME EQUITY

Create a NuDay with Fixed Affordable Payments!

*Annual Percentage Rate effective as of March 1, 2008 and is subject to change without notice. Minimum loan amount $25,000. Payments are fixed and amortized over at least 15 years. Loan matures after 5 years and is due and payable in full. For example, the monthly payment $228.32 for $25,000 at 7.25% APR with $19,660 due at maturity. Open to qualified borrowers. Some restrictions apply. Interest may be tax deductible. Consult Your Tax Advisor. Equal Housing Opportunity Lender. Click here for today's rates.

PRIME BUSTER HOME EQUITY LINE OF CREDIT

A Home Equity Line of Credit (HELOC) is a revolving, variable rate line of credit based on the available equity in your home. Because it is a line of credit, you can get the money you need when you need it.

Use the equity in your home to make home improvements, pay off your high interest debt or just make that purchase you have been dreaming about. Our HELOC is an adjustable rate loan with a 15 year repayment term.*

*Rate subject to change without notice and reprices monthly. No minimum loan amount required to open line of credit; maximum loan amount is $1,000,000. Maximum APR is 18%. Payment example: Pay $7.66 per month per $1,000 borrowed for 180 months at 4.50% with 80% LTV. Minimum monthly loan payment is $100.00. Closing costs may apply. Click here for today's rates.

TAX ADVANTAGE LOAN

Tax Advantage loans are a cost effective way to take advantage of the tax savings with a loan for an auto, home improvement or for whatever your needs are. Tax Advantage Loan amounts start at $3,000 and can be used for home improvements; bill consolidation or a new car purchase. Members may qualify for tax advantages on the interest. Consult your tax advisor or accountant regarding any tax deductions. Interest rates are determined on how the loan is used (car loan or personal loan). The member must pay only a minimal recording fee (approximately $50) to file a lien and again to release the lien at the end of the loan period. Fees are based on the specific county fee structure. Click here for today's rates.

HOME EQUITY LOANS

NuMark Credit Union offers several fixed rate, closed-end home equity loans, 5, 7 or 10 year terms. Best of all, the interest you pay is usually tax deductible on your federal tax return. (See your financial/tax advisor to find out if you qualify.) NuMark will lend up to 100% of the home's value less any other liens. Loan amounts in excess of 80% LTV subject to additional terms and conditions. Click here for today's rates.

Loans apply to Illinois owner-occupied property appraised at $40,000 or more. Minimum loan amount is $5,000 ; maximum loan amount is $1,000,000. Payment Example: Pay $19.46 per month per $1,000 borrowed for 60 months at 6.25% with 80% LTV. Closing costs may apply.

MORE INFORMATION

For more information about any of these loans, please contact our Loan Department at 815-729-3211 or send us an email.

ADDED SECURITY

All NuMark Credit Union loans provide the added security of Credit Life Insurance and Credit Disability Insurance. For more information, click here.

Click here to calculate Debt, Loan Cost or Debt Reduction.

Click here to calculate your Disability and Life Insurance Needs.