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!
Enjoy a promotional APR for 12 months!
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!
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!
|APR||7.24% promotional APR for the first 12 months; after that, 8.25% APR;|
|Loan Purpose||Debt payoff, vacation, unexpected expenses, large purchases, home improvements, and more;|
|Loan Amounts||Up to $250,000;|
|Credit Needed||Not disclosed;|
|Origination Fee||Not disclosed;|
|Late Fee||Not disclosed;|
|Early Payoff Penalty||None.|
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!
You will be redirected to another website
Is it worth it to apply for MyPoint Credit Union HELOC?
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.
- 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.
- 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!
Citi Premier credit card full review
The Citi Premier credit card has an outstanding reward points program to make your money more valuable. Read this content to learn about it.Keep Reading
U.S. Bank Cash+™ Visa Signature® or Discover it® Miles card: find the best choice!
Unsure if the U.S. Bank Cash+™ Visa Signature® or Discover it® Miles is the right card for you? See our review and learn how to earn rewards!Keep Reading
Applying for the Upgrade Bitcoin Rewards Visa card: learn how!
Applying for the Upgrade Bitcoin Rewards Visa card is a simple process, and you get 1.5% cash back in crypto on every purchase.Keep Reading
You may also like
Applying for the PenFed Power Cash Rewards Visa Signature® Card: learn how!
Do you need a cashback card with 0% intro APR? If so, learn how to apply for the PenFed Power Cash Rewards Visa Signature® Card!Keep Reading
Sable debit card full review
Check this Sable debit card review and see how you can rebuild your credit score while getting cash back on all your purchases!Keep Reading
Is it possible to make money during a bear market?
Learn about the opportunities that exist in a bear market and how you can take advantage of them to grow your portfolio long-term.Keep Reading