Home Equity Line of Credit Ready for your dream kitchen or the vacation of a life time? You can make it happen by using the equity in your home. With our low rates and affordable payments, you'll soon be on your way. Your payments will be easy and affordable.

Amount Used	Monthly Payment
$20,000	$150
$40,000	$300
$60,000	$450

In addition to a low payment, there are no closing costs ** and you may qualify for a tax deduction. Put your plan into action today!

Accessing your line of credit is easy! Choose one or all four.

• Home Equity Visa card
• Home Equity checks
• Online transfer from your line of credit to your account
• Cashiers' check from your local branch

Why a home equity line of credit from Sound?

• No cash advance fees
• No annual fees (if $45 in interest paid during calendar year; otherwise $45)
• Tax-deductible interest ^***

Ready to apply? Start now with an online application. You can also pick up an application at your local branch, or request one be mailed to you by calling our Contact Center at 253-383-2016 or 800-562-8130.

Sound Credit Union Visa Home Equity Credit Cards
Method of Interest Calculation	Average Daily Balance
Payment	0.75% of balance (min. $50)
Grace Period	None
Balance Transfer Fee	None
Cash Advance Fee	$0
Late Payment Fee	5% of delinquent amount or $29 minimum
Over Limit Fee	$50
Per Transaction Fee	None
Minimum Bal. for Finance Charge	$1
Annual Fee	$45 (Waived if $45 in interest paid during calendar year)

*APR is Annual Percentage Rate. All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Must be a Sound Credit Union member to participate. Anyone who lives or works in WA can join. Membership at Sound requires a savings account with a minimum balance of $25.
**Except appraisal if needed.
***Most home equity loans qualify for tax deductible interest. Consult your tax advisor for details.

Homeowners insurance is required. A $295 early closure fee is applied if the loan is closed within the first 36 months. Maximum loan amount is determined by the amount of equity in your home. Equity in your home is based on appraised value. The APR includes only interest and no other costs and is based on the value of an index. This index is the Prime Rate published in the Wall Street Journal and is current as of 7/1/09 and could change at any time. Sound will use the most recent Index available to us as of 5 days before the date of any change to the APR. To determine the APR, which will apply to your account, a margin will be added to your current Index rate. Home Equity Line of Credit has a variable rate feature and an APR (corresponding to the month periodic rate) and the minimum payment may change as a result.

In no event will the Annual Percentage Rate be less than 4.49% or more than the lesser of 18% per annum of the maximum rate allowed by applicable law.

Borrow up to 85% of appraised value for Fixed Home Equity loans and Home Equity Lines of Credit. Borrow up to 75% for 30/7 Home Equity Loans. Non-owner occupied and manufactured home HELOC rates: 5.25% - 7.25% APR; maximum LTV 75% with a maximum loan amount of $50,000.

Using your home to secure a loan is a big decision and we want to make sure you're comfortable with it. For that reason, when we receive your application for a Home Equity Line of Credit we'll give you a copy of "When Your Home Is On The Line: What You Should Know About Home Equity Lines of Credit," a consumer brochure published by the Federal Reserve Board. You may also obtain a copy of this brochure from the loan department at any time.