Home is more than
where you live.
Let us help make it your happy place, too.
HOME EQUITY LINE OF CREDIT
Everyone can bank at Bethpage3
Call 855-244-0090, or visit
BESTOFLONGISLAND.COM • VOTERS GUIDE • BETHPAGE BEST OF LONG ISLAND 2022 5
Prime for life,
1 APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a
margin. To obtain an introductory rate, borrower must meet credit and loan program requirements, including (but not limited to): 1) maximum Combined Loan-to-Value (CLTV) of 75%, 2) borrower must take
an initial draw of $25,000 and maintain this balance for 12 months, 3) borrower must have automatic transfers from a Bethpage personal savings or checking account for the monthly Home Equity Line
of Credit (HELOC) payments, and 4) borrower must not have had a previous introductory rate for a Bethpage HELOC within the past five years. The introductory rate applies to the variable line in use only.
2 The Prime APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable). The minimum floor APR is 3.25%. HELOCs are variable rate products
and rates may not exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 11/15/2021 = 3.25%.
3 Membership at Bethpage requires opening a minimum $5.00 share savings account.
Rates and terms are subject to change without notice. All offers of credit are subject to credit approval requirements and applicants may be offered credit at higher rates and other
terms. Loan-to-Value (LTV) and/or Combined LTV (CLTV) restrictions apply. Hazard insurance is required on all loans secured by real property (flood insurance may also be required where
applicable). Rates shown are based on a borrower’s primary residence, a maximum CLTV of 65%, a minimum initial draw of $25,000 taken at HELOC account opening, and automatic
transfers from a Bethpage personal savings or checking account. Consult a tax professional regarding the potential deductibility of interest. Bethpage does not currently offer HELOCs in
Texas. Membership at Bethpage is required by opening a minimum $5 share savings account at or prior to HELOC account opening. Bethpage Federal Credit Union NMLS ID: 449104.