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Get a Home Equity Line of Credit or Home Equity Loan with Bethpage!
Bethpage offers homeowners great flexibility to finance major expenses when you really need it. Your home is one of the biggest investments you'll ever make, so tap into it with a home equity line of credit or a home equity loan. Our low rates make it easy to consolidate your debt, improve your home or pay for college tuition! 
Celebrate the New Year, All Year with a Home Equity Line of Credit!
Since this is a revolving source of credit, use it as often as you want, for anything you want! You can make more than the minimum payment if you want to pay it off sooner. The flexibility of our home equity line leaves it up to you.
- Introductory rate of 2.49%* is fixed for the first 12 months.
- Revolving credit line.
- Up to 80% of appraised home value, less your mortgage.
- No closing costs on loans up to $500,000.
- Choice of either interest only line for 10-year draw period or principal and interest line.
And at Bethpage, you can purchase or refinance your home with confidence. We've been helping Long Islanders achieve their financial goals since 1941. With rates that beat the banks, fewer fees and friendly, personal service, you'll love borrowing - and banking - at Bethpage.
See for yourself. Find out more about a Bethpage mortgage or refinance and our low rates today. Visit your local Bethpage branch, call 800-628-7070 or apply online right now.
Home Equity Loan
With the security of a fixed rate home equity loan, your payment never changes for the term of the loan.
- No fees and no closing cost up to $250,000.
- Finance up to $500,000.
- Up to 80% of appraised home value, less your mortgage
- 5-, 10-, 15-, 20- & 30-year terms available.
- Home equity loans from $250,001 to $500,000 must pay mortgage tax and title insurance.
Our "Home Equity Loan 1st Lien Position" product is also available with no lock-in fee.
- Must hold first mortgage position.
Getting a Bethpage home equity loan or line of credit is easy! Apply online, call us at 800-628-7070, prompt 8, extension 6058 or stop into one of our branch locations throughout Long Island to speak with a representative today!
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| * APR = Annual Percentage Rate. Rates and terms accurate as of 3/1/2011. Rates and terms subject to change without notice. Other terms and rates available. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. Hazard Insurance required on all loans secured by real property; flood insurance may also be required. HELOCs up to $500,000 are available in New York. For properties located in other states, the maximum HELOC is $250,000 at 70%, except AZ, CA, FL, NV, and MI, where LTV = 60%. Home Equities are not available in Texas. No closing costs on HELOCs up to $500,000 by members, closing costs paid by the credit union must be repaid by the borrower(s) if the line is closed within the first 36 months. HELOC is a variable rate product with a maximum APR of 18%. The 2.49% 12-month Introductory Rate requires automatic payment from a Bethpage checking account. 3.99% is the regular APR that would apply if this special rate was not offered. The regular rate after the introductory period is prime or 3.99% APR, whichever is higher, currently 3.99% APR. To receive the best rate after the introductory period, an initial disbursement at closing ($30,000 for loans up to $250,000, $40,000 for loans over $250,000) and a minimum outstanding balance of $25,000 for 12 months from date of closing required. To avoid closing costs (estimated at $378 - $6,413) HELOCs of $250,001 to $500,000 must take minimum draw of $40,000 at closing. When the loan is not repaid through our electronic preferred payment program, the 12-month Introductory APR is 2.74%. Introductory rate does not apply to existing Bethpage home equity refinances. There is a $500 fee to refinance an existing Bethpage home equity to receive the introductory rate. Consult your tax advisor about the deductibility of interest. Prime rate as of 3/1/2011 = 3.25%. Membership conditions may apply. |
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1-800-628-7070 |
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Privacy Policy ::: Security Statement |
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Membership is open to anyone who lives, works, worships, attends school,regularly conducts business in Nassau or Suffolk County, or is an immediate family member of a current member.
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