Yes, there may be fees associated with a Home Equity Line of Credit at People Driven Credit Union. The line includes a $295 closing fee and a $200 processing fee.
There may also be an early termination fee if you close the HELOC within 24 months. In that case, People Driven Credit Union may recapture up to $300, along with any third-party fees paid on your behalf.
Because rates, terms, and fees can change, it is a good idea to review the current Truth in Lending disclosure and rate sheet before applying. If you have questions about HELOC costs, call 248-263-4100 or connect with a Home Equity Specialist.
