Credit Unions are always saying that one of our key advantages as a member-owned cooperative is that we return our profits to members in the form of lower fees and better rates. Yes, it is true!

Jax Federal Credit Union’s latest HELOC enhancement is not a teaser rate. With rates as low as 2.00% below Prime for well qualified borrowers, your rate is good for the life of the loan. We index to the Prime rate, as published in the Wall Street Journal. This is the most commonly used index and is subject to change. Prime minus 2.00% is for well qualified borrowers, with a minimum floor rate of 3.00%, and a maximum LTV of 80%.  Credit approval is required.

Choose Jax Federal Credit Union and get:

• Fast, reliable service from a lender your know and trust
• Up to 90% LTV
• No closing cost options
• $5,000 Minimum line

Contact JAXFCU for more details or to answer any questions you may have.

The draw period is up to 8 years. The total payback period is a maximum of 20 years.

Payment Amount: 1-1/2% of the balance
Payment Options: Automatic transfer, cash or check, Telephone Banking and Online Banking.
Processing Time: Approximately 2 weeks.

Benefits
Saves Money – One of the lowest rates in town! Interest may be tax deductible – please consult your tax advisor.
Peace of Mind – Feel confident that your money will be there when you need it.

By Phone: Call 904-475-8000 or toll free 800-443-2664 In Person: Visit one of our branches (link to locations page) Online: See Existing Accounts (next column) For Existing Accounts, First log in to online banking, then click on the left menu "Apply for a Home Equity" and we'll process. Not a member yet? First open a membership savings account to become a member. Then, getting a loan is easy!