It's Time! Make Your Dream a Reality!
A home equity loan or line of credit is a great way to pay for the big-ticket items, such as college tuition, a new roof, a special purchase, or that dream getaway you have always talked about.
* Annual Percentage Rate (APR) effective as of 3/25/13. Subject to credit approval and minimum loan amount of $10,000. Restrictions may apply. Interest-only payments due monthly. Consult a tax advisor concerning tax deductibility. Loan-to-value (LTV) is the ratio between the existing mortgage and current market value. Rates are based upon the Wall Street Journal Prime Rate currently 3.25% for loans with an 89% LTV or less with minimum credit scores of 720. Up to 95% LTV financing available at different rates. After the 6 month introductory period has expired, the rate is variable and based on the Prime Rate as published in the Wall Street Journal on the last business day of the month with a floor of 3.25% and a ceiling of 21%. Typical repayment example for a loan amount of $50,000 at 3.25% Annual Percentage Rate. Interest only monthly payment would equal a payment of $135.42. Minimum APR is 3.25% and maximum APR during life of loan is 21%. Rates are subject to change monthly and without prior notice. Balloon payment is possible at maturity. Does not apply to non-owner occupied rental, second homes, duplex, multi-family, bridge loans, or temporary financing. Early termination fee of 2% of loan amount or $250, whichever is less if closed within first 36 months. Existing HELOC customers eligibility subject to minimum $10,000 increase of existing line amount. Subject to credit approval and any applicable restrictions.
** Introductory rate lock will be the current rate of Prime - 1.75% (1.50%) for the first six months of the new loan. At the end of the introductory period, the APR will adjust according to the original loan terms. Minimum rate of 3.25% applies at the expiration of the introductory rate period. Please visit branch location or call to receive the current rate.
How To ApplyCall or Visit a Branch Office