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Last Updated: 04/18/2025

Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates

in Home Equity Lines of Credit from Y-12 Federal Credit Union

Last Updated: 04/18/2025

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Highlights

Credit Score Range

Starting at 620

Amount Range

Starting at $10,000

Maximum LTV

95%

Minimum Draw

N/A


Loan Term (Years)

Up to 20

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Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates Review

Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates is offered by Y-12 Federal Credit Union , a credit union founded in 1950 and based in Oak Ridge, TN. Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates are available in 50 states and Washington, DC.

Key Takeaways

  • Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates.
  • Only primary residences considered. Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates does not offer financing for vacation homes or investment properties.
  • High maximum LTV ratio. Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates has a maximum loan to value ratio of 95%.

Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates Pros & Cons

Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates FAQ

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates charge for a HELOC?

Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates may charge an origination fee.

What types of property can you use as security for a HELOC with Y-12 Federal Credit Union Home Equity Interest-Only Adjustable Rates?

Y-12 Federal Credit Union may consider HELOCs secured by the following property types:
  • Primary residences

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

501 Lafayette Dr
Oak Ridge, TN 37830
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:30PM
Tuesday
9:00AM - 5:30PM
Wednesday
9:00AM - 5:30PM
Thursday
9:00AM - 5:30PM
Friday
9:00AM - 5:30PM
Saturday
9:00AM - 12:00PM

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