After researching national Home Equity Line of Credit (HELOC) rates and reading user reviews, the experts at The Balance recognized Connexus for offering the nation’s best HELOC rate of 2020.
“The lowest rate HELOC found in this analysis comes from Connexus Credit Union,” The Balance said. “This HELOC has a variable 3.49% APR2 with a 15-year draw period and 15-year repayment period.”
After Oct. 1, 2020, the rate adjusts to the current non-introductory rate as low as 5.74% APR2.
A HELOC is a great tool for borrowing money. It allows you to borrow against the equity in your home. It’s a low rate, affordable way to get the money you need for home improvement projects, debt consolidation, and more.
If you have equity built up in your home and you need to borrow money, Connexus is best place to choose.