Home Equity Loans

HOME EQUITY LOANS**

  • Home Equity Loan – Revolving line of credit –  Maximum $200,000 and maximum 15 years
    • Loan-to-value cannot exceed the following:
      $10,000.00   – $100,000.00                               80%
      $100,001.00 – $200,000.00                               70%
    • Home Equity line of credit is a variable rate – indexed at the Prime Lending Rate as set forth in the Wall Street Journal.  Rates can change on January 1, April 1, July 1 and October 1 of each year.
  • Fixed Rate – Maximum $50,000 – maximum term – 5 and 7 years

**Primary residences only. Additional costs may apply. A fee applies anywhere a walk-thru appraisal is required

See Rates link for current interest rates and terms