|as low as|
|Diamond CashBack||10%**||Earn 2% cash back on all purchases|
|Simply Platinum||8.99%||Earn points towards rewards.|
|Gold Home Equity||7.90%||Less than 80% Loan to Value|
|Gold Home Equity||8.90%||Greater than 80% Loan to Value|
|Prime Gold Home Equity||8.50%, Rate tied to Prime***||Less than 80% Loan to Value|
|Prime Plus Gold Home Equity||9.25%, Rate tied to Prime + .75%***||Greater than 80% Loan to Value|
**Diamond Mastercard earns 2.0% cash back on all purchases and 550 or higher credit score to qualify for 10%APR. 549 or lower credit score to qualify for 17%APR. No annual fee.
***Loan rates and approval subject to credit score and analysis. Equal opportunity lender. For HELOC no fees charged up front and fees are disclosed at time of application. As part of the closing procedures Frankenmuth Credit Union will acquire a security interest in the property. Draws are allowed for 20 years or as long as the account remains open and member is in good standing. Payment in calculated on 1% of the balance or $25, whichever is greater. HELOC rates are variable and based on the current index margin; rate floor is 4.00%APR and will not exceed 25%APR.
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