gmhTODAY 10 gmhToday Sept Oct 2016 - Page 58

PROVEN LEADERSHIP Morgan Hill Update. Renovate. Celebrate. Introductory Rate Home Equity Line of Credit 1.99 % 4.00 % Fixed for 12 months APR* as low as thereafter APR* Take advantage of this great offer today! Apply online at www.wealthcu.org (408) 663-5022 | www.wealthcu.org * APR = Annual Percentage Rate. APR can vary and is based on Prime Rate plus a margin of 0.00% to +5.00% based on credit rating. The APR is subject to change on the 10th of each month, based on changes to Prime Rate, the highest Prime Rate published in the Wall Street Journal “Money Rates” table on the 20th of the prior month. Minimum APR 4%, maximum APR 18%. Up to 80% CLTV with loan amounts of $10,000 to $500,000. 10-year draw period, 20-year repayment period. During the draw period, you may withdraw (advance) funds up to your credit line limit and pay interest accrued on that balance monthly. After the draw period, you may not withdraw any more funds from the line. Your loan is then amortized and you begin to pay the principal and interest monthly. There are no loan processing or early closure fees and no prepayment penalty. You may need to pay certain fees to third parties to open the loan. These fees generally total between $450 and $1,500. If you ask we will provide you with an itemization of the fees you will have to pay to third parties. Rates, terms and conditions are effective as of publication date and are subject to change without notice. Loans are available for owner-occupied properties in the state of California only. On approved credit. CommonWealth Central Credit Union membership is required prior to loan funding, and is available to almost anyone. NMLS ID #458544. FEDERALLY INSURED BY NCUA 58 GILROY • MORGAN HILL • SAN MARTIN SEPTEMBER/OCTOBER 2016 gmhtoday.com