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Open a Home Equity Line of Credit From Avadian and Get $250

Who doesn’t like extra money? That’s right; everybody likes extra money.


A Home Equity Line of Credit can be a big help in making a dream trip come true, paying for that renovation you’ve been plotting for years, or even covering an unexpected bill.

And some extra cash certainly helps too. Splurge on a souvenir from your trip. Upgrade your remodel. Have a little more wiggle room after an emergency bill.

However you plan to use your Home Equity Line of Credit – and the extra cash – we can help: Take advantage of this offer and get $250 on us when you open a new Home Equity Line of Credit and draw at least $20,000.

And that’s not where the good news ends. We’ve also got great rates. We’re offering a 2.75% APR introductory fixed rate for the first year, a 3.25% APR introductory fixed rate for the first two years, or a  4.75% APR introductory fixed rate for the first three years1. And when you draw at least $10,000 at closing, we’ll cover your closing costs2.

After the introductory fixed rate period, the APR will vary based on the prime rate (as published in The Wall Street Journal) plus a margin3 ranging from 0% to 2.50%. As of Nov. 6, 2019, the prime rate was 4.75%.

And if you use the Home Equity Line of Credit for home improvements, you may be able to deduct the interest from your taxes. Talk with a tax advisor to learn more.

Subject to membership, creditworthiness, and approval. Home Equity Line of Credit rates are based on loan-to-value and credit worthiness.

1To qualify for one of Avadian's introductory offers, any Home Equity Line of Credit requests must be secured by a property that has not been currently or previously used as security by any of the current owners at Avadian. All rates and offers are subject to change without notice and cannot be combined with other special promotions.

2The closing costs will be waived with a minimum advance at closing of $10,000. Depending on the credit limit, closing costs and other fees are estimated to be between $300 and $500. If Home Equity Line of Credit falls below $9,000 in the first 365 days, you will have to reimburse the amount of the closing costs paid on your behalf by the credit union. You must carry insurance on property that secures this plan.

3The amount of the margin will vary based on several factors, including your credit history and loan-to-value ratio and can range from prime plus 0% to prime plus 2.50%. Maximum lifetime rate on Home Equity Line of Credit is 15.00% APR. Ask us for the current index value, margin, and annual percentage rate.

Equal Housing Opportunity Lender

NMLS #422274

The credit union is federally insured by the National Credit Union Administration.
Additional insurance of up to $250,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.

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