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Make the right move: Special intro rate on HELOCs

Make the right move: Special intro rate on HELOCs

Get a 2.99% APR* for the first 12 months when you open a new home equity line of credit (HELOC) with us.

A rate this low doesn’t last long. This is a limited-time offer. Apply for your home equity line of credit by 10.31.2022.

Get your special 2.99% APR today!

Start a live video chat with an Arsenal representative or visit us at one of our branches.

You can also email member relationship officer, Molly Muschong, or call/text her at 314.503.9436.

Email Molly

Experience the Arsenal difference

Pay no closing costs and save up to $1,500! When you finance with us, we pay for all of your closing costs (appraisal, title, flood certification and recording fees).

Do more with your loan. Borrow up to 100 percent on your HELOC. Most lenders only let you borrow 60 to 80 percent of your home’s equity.

What can I use a HELOC for?

A HELOC lets you draw on your home’s value at your convenience. You’ll receive a line of credit you can access when needed, which helps you borrow only what you really want.

Your HELOC is a great tool to have when tackling projects for your home. It’s also great for consolidating high-interest debt. Ultimately, the money is yours to use for anything that you’d like.

Gain More Balance in Your Life

Learn more about home equity loans

*APR = Annual Percentage Rate. Introductory rate is fixed and applicable for first 12 months following open date. Must apply between Aug. 5 , 2022, and Oct. 31, 2022, to qualify for offer. Available on new lines of credit only. Offer not available for refinancing existing Arsenal HELOCs. After introductory period, a variable rate will go into effect and may change monthly based on the value of an index – on 80% equity loans, it will be equal to the Prime Rate as published in The Wall Street Journal;  on 100% equity loans, Prime plus a 1.00% margin. As of 7/27/2022, the Prime Rate APR was 5.50%. APR will not be lower than 4.50% on 80% equity loans or 6.00% on 100% equity loans, and the APR will not exceed 20.00% in either case. Minimum loan amount is $5,000 and maximum is $150,000. Maximum loan amount is determined by the amount of equity in your home, based on appraised value. Subject to credit approval. Loan features 10-year draw and 20-year repayment period. Rates, terms, and conditions subject to change. Missouri and Illinois residents only. Properties securing home equity lines of credit must be in Franklin County, Jefferson County, St. Charles County, St. Francois County, St. Louis County or City, Ste. Genevieve County or Washington County, and select Illinois counties (Madison, Monroe, Randolph, St. Clair). Property insurance will be required and flood insurance where necessary. We pay for the associated closing costs; if you close the loan within the first 12 months, you must reimburse the credit union. Interest paid is often tax deductible; check with your tax advisor for details.

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