Your house is telling you something. Whether its critters, appliances or ownerinflicted disasters, there is always room for improvement with a home equity loan from your credit union.
Borrowing against the equity in your home is a low cost way to reinvest in your greatest asset - improving your living conditions and the value of property. Rates are extremely competitive and terms can go as long as 20 years. For those that still itemize deductions, there’s a good chance the interest you pay will be tax deductible (but consult your tax advisor to be sure.)
Last but not least, we’ve extended our ‘No Closing Cost’ promotion – available for a limited time only!Choose a traditional home equity loan (borrowing in one lump sum) or open a line of credit and borrow only what you need when you need it.
And if your idea of improvement is found outside the home, know that you can use your home equity funds for any reason. Improve your finances by consolidating debt into one low payment. Improve your brainpower (or someone else’s) by funding college tuition. Improve yourself with a well-earned dream vacation.
The choice is yours, and the path toward improvement starts at THFCU. Ask to speak with one of our lending professionals, and we’ll get you started.
Improvements without the Equity
No equity? No problem. THFCU is one of the top lenders in the Minnesota Housing & Finance Agency’s Fix Up program. If you have a household income of $125,900 or less, you’re eligible to apply for up to $15,000 for your next improvement project. Borrow up to the same amount with no income restrictions for energy-friendly projects.
No closing costs on lines up to $75,000. If an appraisal is required, member will be charged the cost of the appraisal.
Rock on Two Harbors!
This April we’re expanding our youth month celebration to those age 21 and under.Visit THFCU to open a new checking account. Walk out the door ready to rock with THFCU checking, a new debit card and mobile account access. You’ll also have a beginning balance, because we’ll deposit the first $15.00 for you.
Open a WINcentive Savings account and we’ll further your reward with another $10.00 deposit. WINcentive is savings that really rocks – earn a competitive dividend and with every $25 deposit you’ll be entered into a statewide lottery where you could win $100 every month, $1,000 every quarter, or $5,000 every year.
Checking with benefits. Savings with a chance to win big. And $25.00 cash. This April you’re ready to rock!
Limit four WINcentive entries each month. Winning one WINcentive prize category (monthly, quarterly, or annual) does not disqualify a participant from winning a different prize category within the same year. Drawings will occur on or about the 10th of each month, or the next business day, for the previous month and/or quarter end. Prize amounts are subject to change.
You’ve got big plans this summer. Don’t let a big monthly payment get in the way.
Consider the MORE4LESS loan, a unique program that looks like a lease but actually lets you build equity in your purchase. Borrow up to the full amount of your car or truck, but enjoy a payment calculated on only a portion of the debt.
Compare the monthly obligation on a Chevy Equinox in the example to the right. Big savings!
When your loan term is complete, you have the option to pay off the remaining debt or simply turn in the vehicle and walk away.Any remaining equity is yours, and can be applied to your next purchase.
Compare payment amounts on hundreds of makes and models – visit our More4Less calculator at thfcu.org.
MSRP quoted includes applicable rebates/discounts.Traditional loan assumes 36 month term, 3.54% APR.MORE4LESS loan assumes 36 month term, 4.54% APR, a $15,175 residual, and a $295 program fee. Rates dependent on credit history, collateral, and term.
If you financed your vehicle at the dealership, allow us to run a diagnostic.
…Not on the car, but rather on your transaction. We’re confident we can save you money with either a better rate, a more favorable term, or a better value on your warranty or GAP insurance.
Bring us your purchase and loan agreements, and we’ll run the numbers. If we can’t save you money, know you’ve got a great deal and collect $25.00 just for giving us a chance. If we refinance your loan, we’ll thank you even more with $100.00 cash upon signing.
When was the last time you had a diagnostic that put money in your pocket? Call or visit us today!
Rates dependent on credit history, collateral and term.
That empty parking spot has got you thinking of ways to fill it. Before you shop for that new car or truck visit your friends at THFCU. We’ll pre-approve your loan and put you in the negotiation driver’s seat before you even get to the dealership.
Once you decide on your vehicle, simply write a check, take possession, and return to THFCU with the purchase agreement. We’ll fund the loan and give you 1% of the loan amount back in cash.
Great rates, the convenience of pre-approval and cash in your pocket. Now that hits the spot!
Loan rates presented are the lowest available, may include relationship discounts (up to 0.5% APR) and may change dependent on credit history, collateral, or term. Cash-back offer must be approved by THFCU prior to purchase and is subject to verification of security interest.
Save Money, Win Cash with a WINcentive™ Savings Account
If you’re looking for more excitement in your THFCU savings, consider WINcentive, a new savings account that offers members the chance to win cash prizes from a state-wide, credit union exclusive drawing.
Every time you increase your savings balance by $25 month-over-month, you’ll receive one entry into the drawing (up to four per month). Prize drawings occur monthly, quarterly and annually, giving you hundreds of chances to win every year.
Your THFCU WINcentive savings account earns dividends, too. Increasing your balance not only increases your chances of winning, it also gets you closer to your savings goal.
Ask about WINcentive and start saving – and winning – today!
|2019 Statewide Prize Drawing Schedule|
|Prize Drawings||Number of Winners||Prize Amounts||Drawing Dates|
|Monthly||45||$100||10th of each month|
|Quarterly||4||$1,000||10th of each month|
|Annually||1||$5,000||January 10, 2020|
|Total in 2019||557||$75,000|
|Winning one prize category (monthly, quarterly, or annual) does not disqualify a participant from winning a different prize category within the same year. Drawings will occur on or about the 10th of each month, or the next business day, for the previous month and/or quarter end. Prize Amounts are estimates and subject to change.|
Introducing Remote Deposit! Now you can deposit checks to your THFCU accounts any time using your smart phone or tablet.
Enrolling is free and easy. Simply call our office or complete and return the user’s agreement found Go there .
Once enrolled, we’ll give you access to our remote deposit app. Snap a photo of the front and back of your endorsed check, confirm the check amount, and upload it to us. In most cases, we’ll post the funds on the next business day.
Remote Deposit is another free service of Two Harbors Federal Credit Union.