Home Equity Line of Credit

Home Equity

Don't wait any longer to make those home improvements. 
Interest rates have NEVER been lower.     


2.49% APR for the first twelve months!

$199 closing fee


Pay interest only for the first 120 months.

Borrow up to 85% of your appraisal value.

A Home Equity Line of Credit can be used for a number of things such as purchasing a new car or boat, or taking the vacation of a lifetime.   


(For new borrowers only)  Introductory rate of 2.49 percent for 12 months from loan origination date. Rate increases to a minimum of 3.50 percent in month 13. This is also the floor rate after the introductory period. APR for month 13 and thereafter is 3.50 percent based on the rate and current index. Rate is based on the Wall Street Journal Prime Rate. Interest only is due for repayment during the HELOC's first 10 years. In the first month of year 11, payment will be based on the WSJ Prime rate plus 1.0 percent. Full payment is based on an amortization period of 10 years. $50 annual fee; $350 prepayment penalty if loan is paid off within the first 24 months after origination. Full appraisal of subject property required; maximum loan value (LTV) of 85 percent for applicants with credit scores 720 or above, with a maximum loan value LTV of 80 percent for applicants with other credit score types. Other underwriting factors will apply.