Home Equity Loan Rates
Rates may vary based on the term of the loan and the applicant's credit history.
Rates effective 5/16/2017.
|Loans - Home Equity||Rate||APR**||Term|
|0-60 Months - First Lien||3.25||3.25||60|
|61-84 Months - First Lien||3.49||3.49||84|
|85-120 Months - First Lien||3.65||3.65||120|
|121-180 Months - First Lien||3.89||3.89||180|
|0-60 Months - Second Lien||4.10||4.10||60|
|61-84 Months - Second Lien||4.15||4.15||84|
|85-120 Months - Second Lien||4.29||4.29||120|
|121-180 Months - Second Lien||5.05||5.05||180|
|Loans - Home Equity Line of Credit||Rate||APR**||Term|
*APR = Annual Percentage Rate
Home equity line of credit (standard) interest rate is based on the Wall Street Journal prime rate minus one half of 1%. Rate is subject to change quarterly, on the 15th of January, April, July, & October. The rate will not be any greater than 18% (ceiling) or any lower than 3.5% (floor), except during promotional periods. The loan repayment is based on a 10-year term with a minimum payment of $100.00 per month. Terms and rates are subject to change as explained in the account agreement and disclosure. For tax deductibility of interest paid, please consult a tax advisor.
|Variable Rate (Standard)||4.00||4.00||120|