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Effective Date: 5/09/08

Type of Loan |

Terms |

Rates* |
Home Equity Loan Fixed Rate
(not a line of credit)
Minimum: $5,000 |
5 yrs
10 yrs
15 yrs
|
5.74% APR*
6.50% APR*
6.74% APR*
Rates Above Reflect an
80% Loan To Value |
Home Equity Loan Line of Credit;
adjusted monthly
Minimum: $20,000
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25 year Amortization,
10 year Draw |
4.75% APR*
Rate based on Prime***, then adjusted by credit score and loan to value
Rate above reflects an 80% loan to value |
Example: A $20,000 loan at 7.00% APR. 180 monthly payments of $179.76. Total finance charge of $12,354.07 bringing the total payment to $32,354.07
The APR may increase after consummation of the loan.
Interest may be tax deductible. Consult your tax advisor.
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