Money Matters Spring 2018

410-534-4500 | 1-800-JHFCU-70 jhfcu.org Use the equity in your home to access funds for planned or unexpected expenses. A JHFCU Home Equity Loan or Line of Credit can be used for home improvement projects, school tuition, a vehicle, vacation, or pay off high-rate/balance credit card bills. Choose the option that works for you. Fixed-Rate Home Equity Loan With a Home Equity Loan, you bene t from the stability of a xed interest rate. Our Home Equity Loan features: • No closing costs 1 • Rates as low as 4.375% APR 2 • Terms from ve (5) to 15 years • Your choice of 80% LTV, 90% LTV, or 100% LTV for those with less equity 3 Payment Example: A $25,000 xed-rate home equity loan, at 4.875% APR, for 120 months, would be $263.40 each month. 4 We also offer Jumbo Home Equity loans. Home Equity Line of Credit (HELOC) A HELOC is a revolving line of credit that you set up and use as needed. You can pay down the balance and use the line again and again. It is a great option for potential emergencies you may encounter—e.g., job loss or unexpected home repairs. There are three HELOC options, all of which have no closing costs 1 . • A standard line with a rate as low as Prime + 0% APR 5 • Borrow up to 90% of your home’s equity • Jumbo HELOC available that allows you to borrow $150,000 and greater Plus enjoy a low monthly payment equal to 0.75% of your outstanding balance as of the last date of the prior month. 1 The closing costs will be added back to the loan payoff balance if the loan is paid off within the rst three years and are only paid by JHFCU one time per property with the Home Equity Line of Credit. Access your home equity line via Online Banking, TeleBranch 24, special Home Equity checks, or in person. 2 APR = Annual Percentage Rate. Rates are determined by an evaluation of the applicant’s credit and loan-to-value (LTV). Your actual rate may vary. Down payment may be required. 3 LTV = Loan to Value. 4 Property and ood insurance may be required, therefore the actual payment obligation would be greater. 5 APR = Annual Percentage Rate. Subject to a oor rate. Maximum rate is 18% APR. Rates are determined by an evaluation of the applicant’s credit and loan-to-value (LTV). Your actual rate may vary. Down payment may be required. Property and ood insurance may be required. Rates can change monthly and are based on the Prime Rate as published in the Wall Street Journal on the 25th of the month. Important Notes COMING SOON: Update Your Debit Card PIN Online This spring, debit cardholders will be able to update their personal identi cation number (PIN) online at any time, with no need to call or visit a branch. Mobile App Upgrade Older Versions No Longer Supported Our mobile app is getting an upgrade this spring, including quick access/ touch ID, giving you the ability to log in using your ngerprint, facial recognition, or PIN verses the standard username and password. The new app also offers a check image autocapture feature, the ability to apply for a loan, update your email and/or address, retrieve username, and include a transfer description. Please note, iOS 8 and older versions will no longer be supported. Unleash the Equity in Your Home SPRING 2018 JOHNS HOPKINS FEDERAL CREDIT UNION

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