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Home Equity Rates

B. Home Equity Line of Credit*
(Effective: Sunday, December 10, 2017)
Program
APR
Prime + 0.0% for Life
4.250%
*Rate subject to change without notice. Rate is subject to adjustment monthly equal to the prevailing prime rate as published in The Wall Street Journal plus 0.00% for the life of the line. As of 6/15/17 it was 4.25%, which would result in an APR of 4.25%. Minimum rate of 4.25%; maximum rate of 18.00%. Monthly required payment of accrued interest only. Offer good for new accounts only, and available for owner-occupied 1-4 family residences only. Homeowners insurance on the property securing the line is required. Minimum line amount is $10,000. An appraisal of $350-$550 may apply and is required for lines over $100,000.


C. Home Equity Loans*
(Effective: Sunday, December 10, 2017)
Program
Term
APR
Monthly Payments
per $1000 borrowed
Fixed-Rate Home Equity Loan
60 months
4.875%
$18.81
120 months
5.250%
$10.73
180 months
5.375%
$8.10
240 months
5.750%
$7.02
*Annual Percentage Rate (APR) subject to change without notice. Offer available for owner-occupied 1-4 family residences only. Homeowners insurance on the property securing the line is required. Payment does not include taxes and insurance and, if applicable, the amount of the payment will be greater. APRs shown are based on a loan amount of $10,000. Minimum loan amount: new-$10,000 or refinance-$15,000. Second lien position only. An appraisal of $350-$550 may apply and may be required for loans over $100,000.


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