An Armed Forces Bank Home Equity Line of Credit (HELOC) offers a flexible financial solution, allowing homeowners to access funds by leveraging the equity in their homes. This line of credit is ideal for financing home renovations, consolidating debt, or covering educational expenses. With the ability to borrow up to 85% of your home's value, the HELOC features competitive rates, starting with an introductory APR of 5.99% for the first six months, followed by a variable rate of 7.99%. Benefits include low to no closing costs, minimal monthly payments, and the waiving of annual fees with auto-draft payments.
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