Home Equity Line of Credit (HELOC) — MAX Credit Union is a home equity line of credit from MAX Credit Union. The ongoing APR is 4.50% introductory APR* variable rate after that; Promotional rate on the HELOC of 4.50% APR for the first 6 months of the loan; The minimum annual percentage rate will be the "current" prime rate or prime rate plus 1.00% based on your credit score with a floor rate of 4.00%; maximum APR (Annual Percentage Rate) of 18%. Loan terms: Draw period is 10 years; Repayment period is 20 years and runs concurrently with the draw period.