Home Equity Loans

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Information below is effective October 23, 2014.  Rates and terms are subject to change at any time.

Easy Mortgage Loan


  • Owner occupied/refinance/ 1st lien position
  • Maximum total Loan to Value (LTV) 65%
  • Mortgage/Notice of Settlement recording fee paid by loan applicant
  • Consult with your tax advisor regarding deductibility of interest.
  • Property insurance shall be required.
  • Subject to credit approval.

Rate

APR

Term

Maximum

3.15%

3.15%

5-year fixed term

$150,000

3.40%

3.40%

10-year fixed term

$150,000

3.75%

3.75%

15-year fixed term

$150,000

 

 

 

 

Home Equity Loans (HEL)


  • Owner occupied/refinance
  • Maximum total Loan to value (LTV) 80%
  • Mortgage/Notice of Settlement recording fee paid by loan applicant
  • Consult with your tax advisor regarding deductibility of interest.
  • Property insurance shall be required.
  • Subject to credit approval.

Rate

APR

Term

Minimum

3.64%

3.64%

5-year fixed term

$5,000

3.90%

3.90%

10-year fixed term

$10,000

4.15%

4.15%

15-year fixed term

$10,000

 

 

 

 

Home Equity Lines of Credit (HELOC)


  • Owner Occupied/refinance
  • Maximum total Loan to Value (LTV) 80%
  • Mortgage/Notice of Settlement recording fee paid by loan applicant.
  • Consult with your tax advisor regarding deductibility of interest.
  • Property insurance shall be required.
  • Monthly payments are based upon a 15 year amortization.
  • Subject to credit approval.

The maximum annual percentage rate than can apply during the line of credit is 18.000 percent.

Home Equity Lines of Credit (HELOC)


Indexed to Wall Street Journal Prime plus 1.50% variable; currently 4.75% APR.

Premier HELOC


  • $100,000.00 Minimum
  • Primary or Secondary homes

Indexed to Wall Street Journal Prime variable; currently 3.25% APR.

Equal Housing Lender_50