Equity Rates

Equity Rates Effective as of Thursday, July 27, 2017

Loan Amounts from $25,000 up to $500,000

*The interest rate will be the prime lending rate published in the Wall Street Journal on the last business day of the month, with a floor of 3.50%. The prime rate as of 6/15/17 was 4.25%. The Home Equity Line of Credit is a variable rate loan. Rates are subject to change without notice but will never exceed 18% APR. An annual fee of $50 is assessed each year in January. $500,000 maximum loan amount.

Offer available for 1-4 family owner-occupied primary residence properties.  Combined loan to value ratio not to exceed 80%. Subject to clear title. Property insurance required. Fee for loans terminated within the first 3 years. Interest may be tax deductible (please consult your tax advisor.)

Loan Amounts from $500,001 up to $1,000,000

**The interest rate will be the prime lending rate published in the Wall Street Journal on the last business day of the month, plus .50% with a floor of 4.00%. The prime rate as of 6/15/17 was 4.25%. The Home Equity Line of Credit is a variable rate loan. Rates are subject to change without notice but will never exceed 18% APR. An annual fee of $50 is assessed each year in January. $1,000,000 maximum loan amount.

Offer available for 1-4 family owner-occupied primary residence properties. Combined loan to value ratio not to exceed 80%. Subject to clear title. Property insurance required. Fee for loans terminated within the first 3 years. Interest may be tax deductible (please consult your tax advisor.)