Rates
12 Month Certificate - 4.00% apy*
5 Year Bonus Certificate - up to 3.05% apy*
Money Market Rates -
up to 3.00% apy*
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Premium HELOC
For a limited time, get a CACL Premium HELOC at an introductory rate of 2.99% APR for 6 months*. Don't miss out, apply today!
Welcome to CACL Financial, where homeowners like you can leverage the equity in their homes to achieve their financial goals. Our Home Equity Line of Credit (HELOC) comes with rates as low as 7.25% and offers flexible financing solutions tailored to your needs.
* APR = Annual Percentage Rate. CACL’s Premium HELOC introductory rate of 2.99% APR is subject to change without notice. Introductory APR is available for all new home equity lines of credit for 6 months from the date of the loan origination. The introductory APR will automatically terminate at the end of the 6-month introductory period. No notice to the borrower is required. Upon expiration of the introductory rate, the advertised regular rate applies. The advertised regular line of credit rate is based on Prime Rates published in the Wall Street Journal on the last business day of the previous month, and then adding or subtracting a margin based on your individual creditworthiness. Maximum rate of 18%. Your APR may vary. All balances will accrue interest at the variable APR in effect for your account.
Why Choose a HELOC from CACL Financial?
MAXIMIZE YOUR EQUITY |
With real estate values at an all-time high, you may have more equity in your home than ever before. Our HELOC allows you to tap into this equity and access funds as needed, giving you financial flexibility. |
FLEXIBLE FINANCING |
Unlike traditional loans, a HELOC lets you borrow only what you need, when you need it. Whether it's home repairs, improvements, emergencies, or other expenses, our HELOC has you covered. |
LOW COSTS, HIGH BENEFITS |
We believe in rewarding our members. That’s why we waive all fees if your loan amount is over $50,000 of new money.* Plus, with competitive interest rates (as low as 8%), you can borrow with confidence. *We waive all fees if your loan amount is $50,000 or greater of new money to the credit union. New money must either be a new loan or a refinance from a different financial institution. Contact loans@caclfcu.org for eligibility questions. |
Key Features of a CACL Financial
Premium HELOC
- Average time for loan completion is just 30 days
- Enjoy a 20-year loan term with a 5-year draw period
- Available in both 1st and 2nd lien positions for added flexibility
- Rates as low as 8%
How to Apply for a HELOC from CACL Financial
FILL OUT OUR ONLINE APPLICATION | |||
Step 1 | Provide us with some basic information, and we'll guide you through the process step by step. | ||
SCHEDULE CONSULTATION | |||
Step 2 | Have questions or need assistance? Our experienced team is here to help. Schedule a consultation today. | ||
GET APPROVED AND START BORROWING | |||
Step 3 | Once approved, you'll have access to your HELOC funds, so you can start tackling your projects and achieving your goals. | ||
Testimonials
"We have been banking with CACL for over 30 years now and recently financed our new home through them. We had the pleasure of dealing with Kelly Stidham and she was wonderful. She made the process go seamlessly. We even had an issue arise 3 days prior to closing (no fault of bank or realtor) and when we contacted Kelly in a panic she took care of all the changes that needed to be made and assured us that closing would go as planned, and it did! We would recommend anyone to CACL for all their banking/loan needs."
-Nicole M.
"Tiffany was very professional and knowledgeable in helping with my home loan. Everything was handled very quickly and any questions or concerns I had, she was able to answer. I would highly recommend her to anyone that I know who is looking for a loan."
-Anthony P.
"With the funds that were used in our home equity loan, we were able to successfully pay off multiple credit cards and also purchase farm equipment that we were interested in for our property we own. We are currently saving over $500 per month after the home equity loan was approved and multiple credit cards were paid. We have worked with Nick in the past including personal loans that we have received and were extremely happy to work with him in regards to our home equity loan. The home equity process was done fairly quickly and without issue. Everything that was explained by Nick was coherent and understood at the time of signing the documents. I speak highly of CACL to my friends and family and we were beyond happy to work with CACL to borrow against equity in our property."
-Norman and Candance F.
CACL Financial Premium HELOC FAQs
| Question: How long does it take to get approved for this loan? |
|---|
| Answer: Getting approved is quick and easy. First, fill out an application then someone from our team will reach out to get your application moving along. |
| Question: Can I see if I am qualified before applying? |
| Answer: Yes, we are happy to consult with you and help ensure you are prequalified before applying for a loan. Contact us for a consultation to get pre-approved. |
| Question: What do I need for my application? |
| Answer: To apply for this loan, you will need a government ID and proof of income. Schedule a consultation with us to go over any of these details with one of our team members. |
Why Wait? Apply Today!
With rates as low as 8%, don't let this opportunity pass you by. Take advantage of our Home Equity Line of Credit offering and unlock the potential of your home. Apply now and experience the benefits of banking with CACL Financial.
Still Have Questions?
Reach out to us at questions@caclfcu.org or call us at 570-628-2400 for personalized assistance.
*APY = Annual Percentage Yield
