Welcome FCAMEC FCU Members: We're glad you're here. Click here for more information on your Gulf Winds membership.
Unlock the equity in your home
Your home has value. Let Gulf Winds turn that value into cash with a Home Equity Line of Credit. It’s the smart way to borrow money for those special projects like a new pool, a vacation, remodeling or to consolidate your debts. And you get the best rates at Gulf Winds.
Have questions? Contact one of our Mortgage Loan Originators.
Subject to credit approval. The introductory rate will be in effect for the first six (6) months after your line of credit is opened. Upon expiration of the introductory rate, all balances will accrue interest at the variable standard Annual Percentage Rate (APR), which can range from Prime + 1% to Prime + 3.5% using the Wall Street Journal Prime (WSJP) rate (currently an APR of 3.50%) not to exceed 18% at any time. Information accurate as of 3/1/2017. After the promotional period, the variable standard APR will be based on your line amount, combined loan to value ratio, and credit rating. This offer is available to new equity line members, and is subject to change without notice. Home Owners Insurance is required. Flood and Wind Insurance may be required, when applicable. Exclusions and limitations apply. Gulf Winds agrees to pay closing costs on new Home Equity Lines of Credit with the exception of appraisal fees, title insurance, and any fees associated with Home Owner’s Association. Closing costs can range from $150 to $1500. If the loan is paid off and closed in less than three years of the loan origination date, all closing costs paid by Gulf Winds Federal Credit Union will require reimbursement. Required minimum draw at closing is $10,000. Closing costs depend on the location of the property, property type, and the amount of the Equity Loan. Consult your tax advisor about possible tax benefits. Owner-occupied property only and Gulf Winds Federal Credit Union must be in a valid first or second lien position. Refer to HELOC application or ask your Mortgage Loan Officer for complete details. This offer may be withdrawn at any time.