Home Equity Line of Credit (HELOC)

LOW INTRODUCTORY RATE OF 4.90%** FOR THE FIRST 3 MONTHS

When you're ready to consolidate your debts, remodel or repair your home, or pay off education or medical bills, a Home Equity Line of Credit is an excellent financing choice.

Benefits

• You pay interest only on the portion of the balance you use, not your entire "credit limit."
• Interest may be tax deductible; please see your tax consultant.

Secured by the equity you have in your home, a Home Equity Line of Credit gives you easy access to funds when you need them. And when you do, it's ready. Until then, it remains intact with no interest charges and no fees—just peace of mind.

*The annual percentage rate is based on the value of an index.  The index is the weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of one year.  Information about the index is published in the Federal Reserve Bulletin.  We will use the most recent index value available to us as of 15 days before the date of any annual percentage rate adjustment.  Late fee is $15. Some restrictions apply. Rates, terms, and conditions are subject to change without notice. Contact the credit union for APR, terms, and conditions on HELOC loans. Not available for refinance of an existing Lassen County Federal Credit Union HELOC loan. Rates are effective as of 10/08/2008.

**Introductory rate is for the first 3 months, with variable rates thereafter as low as 6.00% up to 9.90%, with a Loan-to-Value up to 80%.  The Lassen County Federal Credit Union Home Equity Line of Credit and first mortgage cannot exceed 90% of the appraised value.  All loans are subject to appraisal.  Property must be primary residence located in Lassen, Plumas or Shasta County.  Mobile homes 15 years old and newer on a permanent foundation have a LTV up to 80%.  Other restrictions may apply.  Loans secured by your home other than your first mortgage must be paid off at the time of account funding.  Property insurance is required.  Flood insurance may be required.  Rates, APR, terms and conditions are subject to change without notice.

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Lassen County Federal Credit Union • 2605 Riverside Dr. • Susanville, Ca 96130
Tel: (530) 257-7736 • Fax: (530) 257-9042