*APR = Annual Percentage Rate. The APR offered for the above loans may be higher than the rate stated based on certain creditworthiness criteria. The APR for all Home Equity Lines of Credit is based on the Prime Rate, as published in the Wall Street Journal, plus a margin based on borrower's credit rating and the Loan-to-Value. The Prime Rate effective December 20, 2018, is 5.50%. The current floor rate is 3.49% APR. SkyPoint Federal Credit Union pays all closing costs on Home Equity Lines of Credit loans, excluding taxes, in exchange for a $10,000 minimum draw at the time of disbursement and a three (3) year minimum period that the loan is open. Total closing costs vary.  Rates are dependent on individual qualification and are subject to change at any time without notice. Contact the credit union for full details.