The Freedom First Credit Union is a home equity line of credit from Freedom First Credit Union. The ongoing APR is Variable: WSJ Prime Rate + margin; current lowest APR 7.50% (+0.50 margin) for lines under $100,000 and 7.00% (+0.00 margin) for lines over $100,000; Prime Rate as of 10/12/2026 is 7.00%; maximum APR 18.00% after a 5.49% fixed introductory rate for the first 13 months on qualifying lines of credit (lines under $100,000) introductory rate. Typical credit limit: The minimum loan amount is $10,000 and the maximum loan amount is $300,000.. Loan terms: Maximum term of 240 months: 120-month draw period (payments interest only or 1% of the outstanding statement balance), then repayment on a 120-month amortized schedule.