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Online Home Equity Line of Credit Prime Plus 0

10 Year Draw / 10 Year Re-payment
  • Rate is Prime Rate plus 0.00% for the life of the loan- The maximum ANNUAL PERCENTAGE RATE (APR) that can apply is 18.0%. Prime Rate published in the Money Rates section of the Wall Street Journal (if more than one Prime Rate is published, the higher rate shall be used), as most recently published at the beginning of each monthly billing cycle.
  • Floor Rate of 3.00%
  • No annual Fee
  • New home equity line of credit application must be completed
  • Minimum line of credit $10,000.00
  • Maximum Line of Credit $200,000.00
  • Property insurance is required
  • Subject to credit approval
  • Rates and term may change at any time.
  • An Early termination fee of $400.00 may apply.
  • The consumer should consult a tax advisor regarding the deductibility of interest and charges under the plan

Fixed Rate Equity Loans

  • Various Terms available
  • Minimum loan amount of $10K
  • Maximum loan amount of $250K
  • Competitive rates – call the Loan Department to inquire about special fixed rate programs.
  • Interest you pay may be tax deductible for income tax purposes. Please consult with your tax advisor regarding the deductibility.
  • Subject to Credit Approval
  • Maximum qualifying Debt to Income Ratio is 45%
  • Convenient monthly statements