5/17/2012 - 5/23/2012
Fixed
Rate Home Equity Loan
|
|||
Period
|
Rate
|
Annual
Percentage Rate
|
PMT
Per Thousand
|
15-Year
|
4.500%
|
4.532%
|
7.65
|
10-Year
|
3.600%
|
3.637%
|
9.94
|
| 7-Year |
3.350%
|
3.399%
|
13.37
|
5-Year
|
2.930%
|
2.990%
|
17.94
|
Home
Equity Line of Credit Adjustable Monthly
Federal cost of funds + 2.25%.
Currently: 3.366% APR*
9.366% maximum APR*
As of 5/21/12: 3.372% APR*
Homeowners'
insurance required
Subject to credit approval
Rate varies monthly
Line of credit granted for 15-year period
HOME EQUITY
LOAN RULES:
Owner-occupied residential properties.
Loans up to 80% of the property value (less first mortgage).
Loan amounts limited to $200,000.00 fixed rate and
$175,000.000 line of credit.
Minimum loan amount $5,000.00.
HOME
EQUITY LOAN COSTS:
Property insurance required
No application fee
If disbursement
is used to pay off a mortgage,
the cost of delivery will be charged: $10.00 to $20.00
For fixed-rate
home equity loans, interest from date of
disbursement to the end of the month is due at settlement.
Rates may change at any time
All loans subject to credit approval.
