Home Equity & Improvement Rates
Current Prime Rate is 4.75% effective 10/31/2019 as published in the Wall Street Journal
Fixed Rate Home Equity* (Up to 80% loan to value)
Effective Date: Monday, January 27th, 2020
| Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| 60 | 4.09% | $18.46 |
| 120 | 4.59% | $10.41 |
| 180 | 5.34% | $8.09 |
Fixed Rate Home Equity* (Up to 80.01% to 90% loan to value)
Effective Date: Monday, January 27th, 2020
| Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| 60 | 5.09% | $18.91 |
| 120 | 5.59% | $10.90 |
Home Equity Advantage* (Up to 80.01% to 90% loan to value)
Effective Date: Monday, January 27th, 2020
HE Advantage will allow up to $15,000 for Condominiums.
| Term In Months | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| 121 to 180 | 6.34% | $8.62 |
Home Equity Advantage* (Up to 90.01% to 100% loan to value)
Effective Date: Monday, January 27th, 2020
HE Advantage will allow up to $15,000 for Condominiums.
| Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| 60 | 5.59% | $19.14 |
| 120 | 6.34% | $11.27 |
| 180 | 6.59% | $8.76 |
Home Improvement Loan*
| Loan Amount (Up To) | Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|---|
| Loans over $15,000 or greater than 60 months fall under the Home Improvement Advantage program. | |||
| $25,000* | 60 | 6.84% | $19.73 |
| 84 | 7.84% | $15.51 | |
| 120 | 8.34% | $12.31 | |
| 180 | 8.84% | $10.05 | |
Simpli-Easy Refi*
Effective Date: Monday, January 27th, 2020
| Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| First Mortgage Refi Only - $249 closing cost - Maximum LTV 80% Cash Out Option | ||
| 84 | 3.750% | $13.55 |
| 180 | 4.250% | $7.52 |
Variable Rate Home Equity Line of Credit (HELOC)*
| Notes | Term |
|---|---|
| $150 closing cost waived on advances of $10,000 or greater. | Available Up To 90% LTV |
Call for Rates Rates starting as low as Prime Rate -.25% with a Maximum APR which will not exceed 18.00% and rate floor of 3.00% | |
| Call us concerning any applicable home equity fees or closing costs. | |
| Any HELOC rate changes will occur on the first of each month. | |
| These plans will have a variable rate feature. The Annual Percentage Rate (corresponding to the periodic rate) can change as a result. | |
Bridge Loans* (Up to 80% loan to value)
Effective Date: Monday, January 27th, 2020
| Term In Months (Up To) | Annual Percentage Rate (As Low As) | Estimated Monthly Payments Per $1,000 Borrowed** |
|---|---|---|
| 12 | 4.29% | $18.55 |
Equal Housing Lender
*Certain restrictions apply
**Estimated monthly payment reflects minimum available APR and maximum available term.