An Armed Forces Bank Home Equity Line of Credit (HELOC) offers a flexible financial solution, allowing homeowners to access funds based on their home's equity. Ideal for financing home improvements, consolidating debt, or covering educational expenses, this line of credit features competitive rates with an introductory APR of 5.99% for the first six months, followed by a variable rate of 8.49% APR. Customers can borrow up to 85% of their home's value and benefit from low to no closing costs, minimal monthly payments, and waived annual fees with auto-draft payments.
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