Home Equity Line of Credit

We offer you a Fixed Home Equity Line of Credit.

To apply, please visit our “Forms Library” page for the consumer loan application and necessary disclosures. 

Fixed

Details are as follows:

• 4.95% APR* fixed.
• 5 year term.
• Interest only payments due monthly.
• For combined loan to values not to exceed 85% of the home’s value.
• Subject to normal credit approval.
• No annual fee or prepayment fees.
• For loans from $10,000.00 to $150,000.00 on primary residence only.
• Property insurance required.
• Please consult your tax advisor regarding interest deductibility.
• Costs associated with our home equity lines are paid at closing and are as follows:
  • Appraisal (if needed): $0 - $400.00
  • Mortgage Registration Tax: $2.60 per $1000.00
  • Recording Costs: $16.00 - $50.00
  • Flood Determination: $15.00 - $18.00
  • Credit Bureau: $0 - $20.00
  • Title Insurance: $150.00 - $500.00

*APR = Annual Percentage Rate and is effective 09-09-10.