Home Equity Loans
NH Postal Credit Union offers two types of Equity Loans available depending on your needs.
Term loan one time disbursement, payments of principal and interest.
Terms vary from 60 months to 180 months.
Line of Credit
(HELOC) Variable rate*. Borrow as you need it, payments of interest only for the first 5 years, then 10 year repayment period of principal and interest payments.
Introductory rate of interest is 3.50% for the 1st 6 months, after 6 months the rate adjusts to WSJ Prime + 0%
Borrow up to 80% of your homes appraised value less any outstanding liens with no points or closing cost.