In compliance with stipulations required under the SAFE Act, American Heritage Credit Union is hereby listing the unique identifier information, also known as the NMLS#, for American Heritage Credit Union below:
American Heritage Credit Union: #433838 | Bryan Eichenbaum: #1447517 | Marylou Denzler: #449095 | Angela D Poe-Mason: #449073 | Amanda Michalczyk: #527975 | Matt Lista: #449176 | Nicole Zieminski: #925529 | Daniel DiMartini: #1180834 | Arlene Calamaya: #800200
*Rates and promotions effective as of December 1, 2024, and are subject to be cancelled, extended, or changed without notice. Annual Percentage Rate (APR) is increased by .25% without payroll deduction or automatic payment. Annual Percentage Rates on these products are determined by an evaluation of applicant credit, collateral valuations, length of term and other considerations. Your rate may vary from the rate shown.
*Home Equity Loans
Sample Home Equity Loan Monthly Payment: $30.20 for every $1,000 borrowed at 5.49% APR at 36 months (Up to 80% LTV).
- $150.00 commitment fee may apply for certain non-owner-occupied properties. Mortgage recording fees may apply in counties located outside the Tri-State Area (PA, NJ, and DE). The mortgage recording fee is assessed by certain counties and is not a fee assessed by American Heritage Credit Union.
**Gold Home Equity Line of Credit
Annual Percentage Rate for the Gold Home Equity Line of Credit Rate is as low as 51 basis points below the highest prime rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.74% APR or exceed 14.99% APR.
- Minimum Payment Example: If you made only the minimum monthly payment and took no other credit advances it would take 10 years 1 month to pay off a credit advance of $10,000 at an Annual Percentage Rate of 3.74%. During that period, you would make 120 payments of $100.00 and one (1) final payment of $5.35.
- Maximum Rate and Payment Example: If you had an outstanding balance of $10,000, the minimum payment at the maximum Annual Percentage Rate of 14.99% would be $161.41. This annual percentage rate could be reached at the time of the 1st payment. Rates on these products are determined by an evaluation of applicant credit, collateral valuations, length of term and other considerations. Your rate may vary from the rate shown. Homeowners Insurance and Flood Insurance, if applicable, is required. $150 Commitment fee applies for non-owner-occupied (investment) properties. $100 Origination fee applies for Interest-Only Home Equity Line of Credit. Recording fees may apply in certain counties outside PA, NJ, and DE. $150.00 commitment fee may apply for certain non-owner-occupied properties. Mortgage recording fees may apply in counties located outside the Tri-State Area (PA, NJ, and DE). The mortgage recording fee is assessed by certain counties and is not a fee assessed by American Heritage Credit Union.
†Platinum Fixed Home Equity Line of Credit
Sample Platinum Fixed-Rate HELOC (3DP/5A) Payment Example: $19.45 for every $1,000 borrowed at 6.24% APR at 60 months (Up to 80% LTV). Minimum monthly payment amount is $20. Borrower has a 36-month draw period from loan opening date to advance funds from line of credit. Homeowners Insurance and Flood Insurance, if applicable, is required.
- $150.00 commitment fee may apply for certain non-owner-occupied properties. Mortgage recording fees may apply in counties located outside the Tri-State Area (PA, NJ, and DE). The mortgage recording fee is assessed by certain counties and is not a fee assessed by American Heritage Credit Union.
††Interest-Only Home Equity Line of Credit
Annual Percentage Rate for the Interest Only Home Equity Line of Credit is as low as 25 basis points below the highest prime rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.99% APR or exceed 15.49% APR.
- Minimum Rate and Payment Example: If you made only the minimum monthly payment and took no other credit advances it would take 7 years 7 months to pay off a credit advance of $10,000 at an Annual Percentage Rate of 3.99%. During that period, you would make 36 payments of $30.61 to $33.89, followed by 54 payments of $200.00 and one (1) final payment of $155.19.
- Maximum Rate and Payment Example: During the draw period, if you had an outstanding balance of $10,000, the minimum payment at the maximum Annual Percentage Rate of 15.49% would be $131.56. This Annual Percentage Rate could be reached at the time of the 1st payment. The Interest Only Home Equity Line of Credit has a term of 276 months and provides for the payment of interest only for the first 36 months of the term and payments of principal and interest for the remaining 240 months of the term. During the interest only period, principal is not reduced, and your payment may vary monthly depending on the number of days in the month. At the end of this period, your monthly payment will increase, possibly substantially, because you will be required to pay down the outstanding principal. The minimum payment during the remaining 240 months is $200.00. Always consider paying more than the minimum payment to pay down the principal. Rates on these products are determined by an evaluation of applicant credit, collateral valuations, length of term and other considerations. Your rate may vary from the rate shown. Homeowners Insurance and Flood Insurance, if applicable, is required.
- There is $100 origination fee for Interest-Only Home Equity Lines of Credit. $150.00 commitment fee may apply for certain non-owner-occupied properties. Mortgage recording fees may apply in counties located outside the Tri-State Area (PA, NJ, and DE). The mortgage recording fee is assessed by certain counties and is not a fee assessed by American Heritage Credit Union.