Home Equity Lines

Owner Occupied Equity Line of Credit. The maximum line of credit plus the outstanding first mortgage shall not exceed eighty (80) percent of the appraised value of the real estate. Maximum dollar amount $300,000. Property insurance is required in an amount equal to or greater than the amount of the approved home equity line and 1st mortgage. The Annual Percentage Rate may vary. Annual Percentage Rate is based on the prime rate listed in the Wall Street Journal. Rate will not exceed 18% APR. The Annual Percentage Rate is current as of today’s date and is not guaranteed until a loan contract is executed. All payments will be made up of principal and interest. Fees may apply.

Fixed Rate Home Equity

Loan Owner Occupied Fixed Rate Home Equity Loan. These rates are subject to change at any time and are not guaranteed until a Fixed Rate Home Equity Loan contract is executed. Fixed Rate Home Equity Loans may be approved for up to Eighty Percent (80%) of the appraised value of the real estate, minus First Mortgage balance before minimum dollar amount. Minimum dollar amount is $10,000. Maximum dollar amount $300,000. Property Insurance is required in an amount equal to or greater than the amount of the approved loan and 1st mortgage. Annual Percentage Rate will not exceed 18% APR. Fees may apply. The Annual Percentage Rate is current as of today’s date and is not guaranteed until a loan contract is executed.


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Home Equity Rates

Name Term (in months) APR Loan Amounts
Home Equity Line 80% Maximum draw 10 years; repay term 5 years Prime** Minimum $10,000 Maximum $300,000
Home Equity Loan 80% (fixed/second mtg) Up to 180 Mos As Low As 5.49% Minimum $10,000 Maximum $300,000

APR - Annual Percentage Rate
* Actual APR based on credit history and term
**PRIME RATE IS CURRENTLY AT 4.75%
Rates are subject to change without notice.

*APR - Annual Percentage Rate * Actual APR based on credit history and term **PRIME RATE IS CURRENTLY AT 4.75% Rates are subject to change without notice.