Keep Your Low Mortgage Rate. Tap Your Equity at Rates Below Prime with USF CU

Your home is where life happens, but it can also be one of your biggest financial assets.

If you’ve owned your home for a few years, chances are you’ve built- equity along the way.   And that equity could help you renovate, consolidate high-interest debt, cover a major expense or take on what’s next.

Right now, USF Credit Union is offering Home Equity Products with rates as low as 6.50% APR*- below the national Prime Rate!

Plus, USF CU will pay up to $1,000 toward your closing costs** helping you keep more money in your pocket upfront.

In other words, the equity you’ve worked hard to build could go further

What Does "Below Prime" Mean for You?

You’ve probably heard the term Prime Rate but what does it actually mean?

The Prime Rate is a benchmark that financial institutions commonly use when setting  rates on loans and lines of credit. Home equity rates are often tied to or influenced by this benchmark.

So, when a rate is below Prime, it means you may be able to borrow at a lower interest rate than that benchmark—potentially helping you save on interest compared with a higher-rate option.

And when you’re borrowing for a significant expense, even a small difference in your rate can matter.

Choose the Right Home Equity Option That Fits Your Plans

There’s no one-size-fits-all way to use your home equity. That’s why USF CU offers options designed around how you plan to borrow.

• Home Equity Line of Credit (HELOC): A flexible line of credit that lets you borrow what you need, when you need it. You pay interest only on the amount you borrow and can reuse your available credit as you pay down the balance.
• Home Equity Loan: A good option when you need a single lump sum upfront with predictable, fixed monthly payments for easier budgeting.

Whether you're tackling a multi-phase kitchen remodel or consolidating higher-interest debt, our Home Equity Products let you call the shots.

Got a Low Mortgage Rate? Keep It!

This is one of the biggest advantages of using your home equity.

If you locked in a great rate on your primary mortgage a few years ago, you don’t have to refinance your entire mortgage just to access the equity you’ve built.

USF CU’s home equity products are separate from your primary mortgage, so you can tap into the value you’ve built without refinancing your existing mortgage.

Ready to Put Your Equity to Work?

Your home’s equity could help you take on what’s next. Whether you’re planning a renovation, consolidating debt or covering a major expense, see how a USF CU home equity option could work for you.

Don’t let your home's value just sit there—take advantage of rates below prime and up to $1,000 toward your closing costs!** Explore your USF CU home equity options and apply today.

APPLY NOW

*APR=Annual Percentage Rate. The APR is a variable rate based on the Wall Street Journal Prime rate plus a margin based on credit qualifications and other factors. Your rate can adjust based on the Prime Rate as published in the Wall Street Journal and the rate change dates of Feb, May, August and October. The APR will never be lower than 3% or higher than 18% nor will it increase more than 2% per year or 6% for the life of the loan.

**USF CU will pay up to $1,000 of closing costs on our fixed or variable rate home equity products, with an initial advance of $10,000. If the balance is paid in full and closed within 36 months of the 1st payment date, then closing costs paid by USF CU will be added to the loan’s payoff. If a full appraisal is necessary, that fee is the responsibility of the member and collected prior to closing. This offer is not to be combined with any other offers and may be canceled at any time.