You do the big dreams. We’ll CUT the rate!
| Loan Type | Term | APR * |
|---|---|---|
| Home Equity Line of Credit | 15 Yr Borrowing and 5 Yr repayment | Prime minus 1%, adjustable monthly ** |
| NEW Home Equity Line of Credit | 10 Yr Borrowing and 10 Yr repayment | Prime minus 0.75% (10 Yr Interest only payments)* |
*APR – The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate minus 0.75%, subject to a minimum rate of 4.00% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 2/2/2023 was 7.75%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. The maximum loan to value is 80%. Rates are subject to change. Property insurance will be required. Subject to credit approval.
**APR – The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate minus 1.00%, subject to a minimum rate of 2.25% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 2/2/2023 was 7.75%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. The maximum loan to value is 80%. Rates are subject to change. Property insurance will be required. Subject to credit approval.
