Loan Specials – Stoneham ME Federal Credit Union

Financing made easy, fast and secure

Whether you're ready to buy your ﬁrst home or
use the equity you've built to update your current one,
now is the time to take the next step!

Home equity loans or lines of credit

Home Equity Line of Credit – Low Closing Cost Available⁹,ᵇ

Number of Months	Rate	Annual Percentage Rate	Terms & Conditions
180	7.50%	7.50%⁹ (ARM)⁸	Up to $150,000; 10 Year draw period; No Points, No Annual Fee, No Application Fee; Maximum Loan-to-Value = 80%; Primary residence only; Minimum Loan amount is $20K.

Example Payment: For 180 months per $1000, there would be a $9.56 monthly payment

Fixed Rate Home Equity Loans- Low Closing Cost Available⁹,ᵇ

Number of Months	Rate	Annual Percentage Rate	Terms & Conditions	Payment Per $1,000*
60	8.00%	8.36%	$150K, 1st Lien-$200K	$20.28
120	8.50%	8.70%	$150K, 1st Lien-$200K	$12.40
180	8.75%	8.90%	$150K, 1st Lien-$200K	$9.99
			$20K MINIMUM
			No Application Fee;
			Maximum Loan-to-Value = 80%;
			Primary residence only.

ᵇ – The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.

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mortgage loans

Fixed Rate
Variable Rate
Jumbo Fixed
FHA Fixed
VA Fixed
1st Time Home Buyers

MORTGAGE RATES

*Loans are subject to credit approval; not all applicants qualify. Rates are subject to change without notice. Other terms and conditions may apply. Must have or open a SMEFCU Share Account with a $5 opening deposit and minimum balance. Payment examples based on maximum term.