Home Equity Line of Credit Promotion!
Equity Line of Credit!
2.99% APR* For the First 12 Months!
Prime + 0% For the 10 Year Draw Period!
|Outstanding Balance||Monthly Payments||Annual Percentage Rate (APR)*||Promotional Term|
|$50,000||$152.00||2.99% APR||12 Months|
|$50,000||$217.00||Prime + 0% (4.50% Currently)||10 Year Draw Period|
|$100,000||$304.00||2.99% APR||12 Months|
|$100,000||$433.00||Prime + 0% (4.50% Currently)||10 Year Draw Period|
|$250,000||$760.00||2.99% APR||12 Months|
|$250,000||$1081.00||Prime + 0% (4.50% Currently)||10 Year Draw Period|
* APR’s accurate as of 3/1/18 & subject to change. Prime Rate is variable, currently 4.50% as listed in Wall Street Journal however the APR will never be less than 3.99% APR or more than 18% APR. Early termination fee of $1250 for Lines of $75,000 or more & $500 for Lines under $75,000, if closed within 3 years. Auto pay from eChoice Checking required with $25 min deposit to open. Available for owner occupied, 1-4 family properties with max LTV of 75%. Min Line amount of $25,000, max $500,000. Monthly payments during the draw period will be based on interest due plus .05% of your outstanding balance. During the repayment period you will pay an amount of principal and interest sufficient to repay the loan over 10 years. 10 years draw period followed by a 10 year amortized repayment period. New Lines of Credit only. Subject to credit approval. Other restrictions may apply. Member FDIC. Member SIF. Equal Housing Lender