The Katahdin Federal Credit Union is a home equity line of credit from Katahdin Federal Credit Union. The ongoing APR is 7.00% (variable); index CMT (plus) margin 3.00%; the maximum annual percentage rate that may be imposed is 18%; the minimum annual percentage rate is 3.00%; loan rates are as of October 1, 2026. Loan terms: You can obtain advances of credit for three years (the draw period); minimum payment equals 1.5% of the outstanding balance as of the date of your last advance or $50.00 whichever is greater.