Logix Home Equity Loan – No closing costs means that Logix will pay various closing costs on loan amounts of $250,000 or less ($100,000 or less for non-owner occupied property), relating to your loan origination and settlement, such as application, credit report, lender's title insurance, and appraisal fees, provided borrower does not pay off the loan within the first 36 months. Costs such as per diem interest, interest, taxes, owner's title, and hazard, homeowner's and private mortgage insurance, are not included and are the responsibility of the borrower. Closing costs on loan amounts more than $250,000 range from $1,500 to $2,500 based on amount borrowed. Attorney fees apply in some states. Additional state-related taxes and fees may apply. Property Insurance and a lien is required on the subject property. Minimum loan amount is $25,000; maximum $500,000 ($250,000 for non-owner occupied property). Consult your tax advisor regarding deductibility of interest. Other terms and conditions may apply. Home Equity Loans are available on properties located in AZ, CA, DC, MA, MD, ME, NH, NV, and VA. Logix membership required. Logix Smarter Banking is a registered trademark of Logix Federal Credit Union.