Loans

Flexible financing options: MyPoint Credit Union HELOC review

Get the money you need quickly! MyPoint Credit Union HELOC provides a hassle-free process and charges no closing costs! Read on and learn more!

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Enjoy a promotional APR for 12 months!

MyPoint Credit Union HELOC logo
Flexible financing options: MyPoint Credit Union HELOC review. Source: Stealth Capitalist

Do you need some extra cash but don’t know where to get it? Then don’t miss our MyPoint Credit Union HELOC full review! This credit union will help you achieve your goals!

MyPoint Credit Union HELOC logo

Apply for MyPoint Credit Union HELOC

Enjoy a hassle-free process! Apply for MyPoint Credit Union HELOC today and ensure the money you need! Quick application and funding!

All this with flexible financing options and no annual fees! So keep reading and learn everything you need to know! Are you ready? Then let’s get started!

APR7.24% promotional APR for the first 12 months; after that, 8.25% APR;
Loan PurposeDebt payoff, vacation, unexpected expenses, large purchases, home improvements, and more;
Loan AmountsUp to $250,000;
Credit NeededNot disclosed;
TermsNot disclosed;
Origination FeeNot disclosed;
Late FeeNot disclosed;
Early Payoff PenaltyNone.

MyPoint Credit Union HELOC overview

MyPoint Credit Union offers a flexible and convenient financial product to those wanting to invest in their home equity and guarantee extra money!

The MyPoint Credit Union HELOC starts by offering an amazing discount on your APR! As a result, you’ll enjoy 1.01% off on their already lower-than-average interest.

Also, they won’t charge any application, appraisal, pre-payment, or annual fees! Also, there are no closing costs either, which is an excellent way to save money!

Customers with existing HELOCs are also eligible for a $500 refinance fee! Plus, your interest might be tax deductible!

Lastly, the MyPoint Credit Union HELOC can be used for several purposes: debt consolidation, home improvements, educational costs, large purchases, and more!

Is it worth it to apply for MyPoint Credit Union HELOC?

celebrating a victory or success
Enjoy a promotional APR for 12 months! Source: Adobe Stock

As you can see in this full review, MyPoint Credit Union HELOC is an excellent solution for homeowners looking for flexible lending conditions and a convenient process!

Indeed, this credit union provides competitive rates and charges almost no fees, which is of great help to those who need quick access to money with lower costs!

But is it the right option for your needs? We’ve gathered and compared this lender’s pros and cons to help you decide! So let’s take a closer look below.

Benefits

  • Enjoy 1.01% off on your APR for the first 12 months;
  • Pay $0 application, pre-payment, annual, or appraisal fees;
  • There are no closing costs;
  • Your interest rate might be tax deductible;
  • Use the amount for several purposes;
  • Enjoy a HELOC calculator to help you check your rates.

Disadvantages

  • They won’t display clear information about fees on their website; you must contact them for that;
  • Lacks information about their requirements.

What credit score is required for the application?

Unfortunately, MyPoint Credit Union HELOC won’t provide clear information about their credit score requirement, meaning you can take your chances with any score.

However, they might consider other factors, like the home’s value, assets, income, and more!

Overall, having a higher credit score will help you qualify for better conditions and higher amounts.

How does the application process work?

MyPoint Credit Union HELOC provides a simple and quick application process. You can easily apply online through a computer or mobile device!

So keep reading to learn how to apply this product properly! The following article will bring a step-by-step process to make your life easier! Let’s go!

MyPoint Credit Union HELOC logo

Apply for MyPoint Credit Union HELOC

Enjoy a hassle-free process! Apply for MyPoint Credit Union HELOC today and ensure the money you need! Quick application and funding!

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