Univest Corporation is offering $100 cash back on its Home Equity Line of Credit along with a reduced introductory rate. The reduced APR does not last for the life of the loan, but it could give you an opportunity to enjoy a low rate for a few months at the start of the payment period.
Details on the Offer
The reduced HELOC rate of 3.25% is good for the first six billing cycles of the loan, whether or not funds have been advanced from your account during that time.
Groove
After the six-month period expires, the APR will jump to the prime rate, as published by the Wall Street Journal. The current average national HELOC rate is 4.29%.
You will also receive a $100 credit to your Univest checking account as long as you take out a $2,000 cash advance during the first six months of the loan.
For more information on Univest’s HELOC offer, click here.
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