Home Equity Rates
Home Equity Loans - Fixed Rate
Effective Date: Sunday, March 29, 2020
|Term||Loan to Value||Rate||APR*|
|5 Year||Up to 80% LTV||6.00%||6.00%|
|10 Year||Up to 80% LTV||6.25%||6.25%|
|15 Year||Up to 80% LTV||6.50%||6.50%|
Contact us for consultation if an LTV of more than 80% is needed.
Home Equity Line of Credit (HELOC) - Variable Rate
|Term||Loan to Value|
|Home Equity Line of Credit||Up to 80% LTV||4.75% (equal to prime)|
|Over 80% LTV||6.75% (equal to prime +2%)|
No origination fees for home equity lines of credit. Fees may apply to refinanced loans. APRs (Annual Percentage Rate) are based on Wall Street Journal Prime subject to change the first day of each month. Both Loans are accessible by check, with $500.00 minimum advances.
T APR = Annual Percentage Rate. Rate and term are subject to credit approval.