Introductory rate as low as
3.50% APR (1)

• No Annual Fee
• No Points
• No Application Fee
• No Minimum Initial Draw

The OECU Summer Breeze Home Equity Loan Special provides an introductory rate as low as 3.50% APR(1). Use it for home improvemens, a vehicle purchase or to meet a portion of your current financial needs.

This is a limited time offer. Applications must be received by September 6, 2010 and the loan must booked by September 30, 2010.

OECU can also help you with First Mortgages too.

To make the best of Summer, speak with one of our Member Service Representatives, call our 24-hour Loan Center at 800-552-6328, ext. 5 or apply online.

(1) APR = Annual Percentage Rate. The 3.50% is a fixed interest rate for a period of six (6) full billing cycles from the loan booking date. Thereafter this is a variable rate and may change based on the Prime Rate minus 0.50% as printed in the Wall Street Journal published 10 days prior to the end of each month but will never be below 4.50% nor higher than 25.00% after the initial six (6) full billing cycles. The rate of 4.50% as of July 16, 2010 is the best rate available only to OECU members with Tier A or better credit; and is based on an 80% loan to value, owner-occupied principal residence. This is a limited time offer, and rates are subject to change without notice. Appraisal, property and flood insurance may be required. Other competitive terms available for up to 90% of the value of your home. All loans subject to approved credit.

Loan fees and closing costs, which generally total between $150 and $400, are waived. If the Credit Union pays these fees on your behalf and you close your Home Equity Line of Credit within the first three years of opening, you agree to reimburse the Credit Union for those fees.

This product cannot be used to refinance an existing OECU Home Equity Line-of-Credit or any other OECU loan. It can be used as an additional Line-of-Credit, subject to available equity and lien position. Interest Only payment options are available.