Home Equity Lines of Credit
Use your home to improve your life with a flexible line of credit. Put your home's equity to work so you can consolidate credit card balances, pay for college, or take that dream vacation. It's easy to access the money when you need it to spend as you see fit.
- PrimeLine
- Use for most anything
- Interest only payments available
- Line of credit amount determined by property value
- Low variable rate
- 5-year renewable draw period
- Affordable closing costs
- $50 annual fee
- Based on approved credit
- Minimum draw advance is $100
- Interest may be tax deductible
- Access funds by check, in person, or online
Rate is equal to the Wall Street Journal Prime Rate and can change as a result. APR is 3.25% as of March 29, 2010. The floor is set at 4% and the cap will not exceed 24%. If title insurance and/or appraisal is required, closing costs may range from $0 to $1,510. Property and/or flood insurance may be required. Consult your tax advisor regarding the deductibility of interest.
- Premier Line
- Use for most anything
- Line of credit amount determined by property value
- Principal and interest payments required
- Low variable rate
- Based on approved credit
- 5-year renewable draw period
- Affordable closing costs
- $50 annual fee
- Minimum draw advance is $100
- Interest may be tax-deductible
- Convenient access by check
Rate is equal to the Wall Street Journal Prime Rate and can change as a result. APR is 3.25% as of March 29, 2010. The floor is set at 4% and the cap will not exceed 24%. If title insurance and/or appraisal is required, closing costs may range from $0 to $1,510. Property and/or flood insurance may be required. Consult your tax advisor regarding the deductibility of interest.
