Like money in the bank.
Enjoy revolving credit lines starting at $10,000 with market-leading low rates, no application fees, no prepayment penalties, and a 0.10% rate discount if you maintain eStatements! Choose the option that's right for you:
- Rates as low as 4.00% APR (max 18.00% APR; annual protection cap 2.00%)
- Borrow up to 100% of your appraised property value, less mortgage balances
- Monthly principal and interest payments
- 15-year draw period with a 20-year repayment period
- Rates as low as 4.75% APR (max 18.00% APR; annual protection cap 2.00%)
- Borrow up to 95% of your appraised property value, less mortgage balances
- Monthly interest-only payments (during draw period)
- 10-year draw period with a 20-year repayment period
1. For all RealtyLine products: Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index - as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member's home, and is available only for 1-family residential properties and condominiums, excluding co-op's. Minimum line-of-credit amount: $10,000. No draw required at closing. No pre-payment penalty. Mortgage tax may apply in some states. Loans subject to credit approval. RealtyLine loans not available in TX.
2. RealtyLine Line of Credit: The Annual Percentage Rate (APR) is currently Quorum's floor rate of 3.95% as of 12/15/16. When the Prime rate (as published in The Wall Street Journal) is 4.05% or higher, your rate may be as low as Prime minus 0.10% for life of the line, as long as you maintain electronic statements. 100% LTV not available in all states and based on credit rating.
3. Interest Only RealtyLine Line of Credit: The Annual Percentage Rate (APR) is as low as Prime plus 1.00%. Your rate will never go below Quorum's floor rate of 3.95%. Max LTV 95%.
Fixed rates for everyday needs.
Redo a kitchen, pay a tax bill, consolidate bills. With low, fixed payments at low, fixed rates (currently as low as 7.24% APR). We offer flexible terms of up to 25 years, with no annual fees or pre-payment penalties. Financing can be up to 90% of your appraised property value, minus mortgage balances.
Rate in effect as of 12/15/2016 and subject to change. Rate stated reflects a 0.25% discount for direct deposit. Rates are based on creditworthiness; your rate may differ. A sample Fixed Equity Loan payment based on $100,000 at 7.24% APR for 20 years is $789.77. A fixed home equity loan is secured by the member's home and is available for 1- to 4-family residential properties, excluding co-ops. Minimum loan amount: $10,000. No application fee; appraisal fee varies. Mortgage tax may apply in some states. Loans subject to credit approval.