Home Equity Lines of Credit Features:

Monthly Payment Options


• Interest Only Monthly

  Flexibility
  

• Payments will be on the 1st and 20th of each month.

Access   Use the easy access checks or stop in one of our offices. Not every bank has the flexibility & convenience of our "Home Equity Access Card" to get more details please contact one of our branch locations.

All Lines of Credit are subject to the following:

• 5 year renewable terms.
  
• Minimum loan amount of $5,000.
  
• Estimated closing costs of $62.
• Loan requests over $125,000 are subject to additional out-of-pocket expenses for appraisal or title policy.
• Annual maintenance fee of $50. (waived first year)
  
• $20 over the limit fee.
• $20 stop payment fee.
• $20 Return Item Fee.
• Early termination fee of $500.00 if terminated by you within the first 24 months.
• Late payment fees equal to 5% of the unpaid payment. Payments will be on the 1st or the 20th of each month.
• Maximum APR of 18%.
• To be eligible, the property must be your primary residence.
• A mortgage on your home will be recorded. You could lose your home if you fail to meet your obligations in your agreement with us.
• At maturity, a balloon payment may be required.
• Interest paid may be tax deductible. Consult a tax advisor for more information.
• Condominiums may utilize up to 90% of their Loan to Value.
• Home Equity Loans that are used as a purchase money first mortgage loan are subject to additional out-of-pocket expenses.
  *Property insurance is required. Property must be borrower's principle residence.

Fixed Rate Home Equity Loan Features:

Monthly Payment Options


• Various loan term options result in a monthly payment that fits your budget.

  Fixed Interest Rate
  

• Interest rate is fixed for the term of the loan.

  Flexibility
  

• Shorter term notes can be amortized for up to 15 years.
• Choose a payment due date that fits your schedule.

  Our Fixed Rate Home Equity Loan offers you the comfort of knowing your rate is locked for the term you choose!

All Fixed Rate Home Equity Loans are subject to the following:

• Minimum loan amount of $5,000.
  
• Late payment fees will be charged on the 16th day after the payment date.
• To be eligible, the property must be your primary residence.
• Estimated closing costs of $62.
• Loan request over $100,000 are subject to additional out-of-pocket expenses for appraisal or title policy.
• A mortgage on your home will be recorded. You could lose your home if you fail to meet your obligations in your agreement with us.
• At maturity, a balloon payment may be required.
• Interest paid may be tax deductible. Consult a tax advisor for more information.
• Shorter term loans amortized over a longer term will have a balloon payment due on the maturity date.
• Home Equity Loans that are used as a purchase money first mortgage loans are subject to additional out-of-pocket expenses.
  *Property insurance is required. Property must be borrower's principle residence.

  Need a home equity loan? Try out our special Loan Payment Calculator below to see how much your payment might be.

  Or if you would like to apply for a home equity loan you can click the following link to fill out a Home Equity Application..

  
  

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