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Mortgage Rates

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Conventional Program Rate APR
30 Year Fixed 4.000% 4.120%

APRs are calculated using loan amounts of $150,000.

Lending Rates

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New and Used Auto (2005+) APR
3.49%*
 

Savings Rates

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Think Big Account Rate APY
Think Big Checking ($0 - $999.99) 3.928% 4.000%
 

Rates are subject to change without notice.
(APR) Annual Percentage Rate
(APY) Annual Percentage Yield

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News

Consolidate High Interest Debt

Published: Friday, January 13, 2012 7:00 am

How low can your interest rate go? The answer may lie in a Home Equity Loan or Line of Credit from Eli Lilly Federal Credit Union.

Interest rates for our home equity products are among the lowest we offer. Consider this option to consolidate your higher interest credit card balances and loans from other banks or credit unions. Or if your debt is in good order, use your equity to satisfy your current priorities such as home improvements, a vacation, or a major purchase. 

Good Reasons to Use Your Equity
Using your equity responsibly can be financially rewarding. Specifically, ELFCU’s Home Equity Line of Credit offers flexibility of funds and many other benefits:

  • No Fees: No application fees, no annual fee, and low closing costs.
  • Low Rates: As low as 3.75% APR* = an affordable way to borrow money.
  • Possible Tax Benefits**: The interest you pay could be tax-deductible.

To explore a Home Equity Loan or Line of Credit, call 317.524.5010 or apply now!

*Subject to change. Each individual’s APR is determined by the applicant’s credit history. Not all applicants will qualify for our lowest rates.

**Consult your tax advisor.

 

 

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