| Fixed Home Equity |
Up To 80% of Home’s Value |
Up To 90% of Home’s Value |
|
60 Months Maximum |
120 Months Maximum |
180 Months Maximum |
|
6.75% APR* |
7.75% APR* |
8.00% APR* |
120-month term at 7.75%* would have an estimated monthly payment of $12.00 per $1,000 borrowed.
Longer terms may be available for highly qualified borrowers with adequate collateral.
| Home Equity Line of Credit (HELOC) |
Up To 80% of
Home’s Value |
Up To 90% of
Home’s Value |
|
8.00% APR* |
8.75% APR* |
HELOC loans are a variable rate loan. Your rate will depend on your credit score and loan to value ratio and is based on the Prime Interest rate plus or minus a margin. Margins vary between minus .50% and plus 5.00% APR. Your overall rate (Prime plus or minus the margin) will never fall below 4.00% APR nor will it exceed 25.00% APR. Current variable rates based on Prime plus or minus a margin (margin identified at time of application, is defined as the number of percentage points the lender subtracts or adds to the index rate to determine the annual percentage rate to be charged). Current APRs range from 8.00% to 12.50%.
For our latest mortgage rates, call toll free 888-845-0653.
*APR = Annual Percentage Rate