Assumptions
Our home equity rates can vary based on your finances and credit history. The rates shown are examples of rates that are available today and assume an owner occupied primary residence. The Annual Percentage Rate (APR) for our Equity Installment Loans is fixed for the entire 5, 7, 10, or 15 year term. The Annual Percentage Rate (APR) for our Equity ARM Loans is fixed for the initial 3, 5, or 7 years, then adjusts annually over the remaining 25 year term and is indexed to the weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of one year plus a margin. Index values are published by the Federal Reserve in Statistical Release H.15 (519) and is subject to increase. Complete our online application for a personalized rate quote today. Home Equity Loan ARM programs are currently available in the following states: California, New Jersey, Illinois, Pennsylvania, Washington, Arizona, and Ohio. Fixed Rates Installment Loans are available in all states except Louisiana, Maryland, Oklahoma, South Carolina, Delaware and Texas.

Important Notices

  • The interest rates and annual percentage rate (APRs) shown are subject to change without notice. The actual interest rate offered is based on your credit history, FICO Score, loan amount and the percentage of remaining equity in your home.
  • Your APR will vary based on your final loan amount and actual finance charges.
  • Consult your tax advisor about deductibility.
  • Adequate homeowner’s insurance coverage is a requirement of this loan.
  • Depending on your state, county and loan amount, a documentary stamp tax and / or intangible tax may apply and may range from $10 to $2,000. Some states and counties may require mortgage taxes to be paid at the time of closing and will be paid out of loan proceeds automatically. As an example, for a $50,000 loan, these taxes are estimated to range from $21 to $975 depending on the state.
  • 80.01% LTV =+ .0025 to rate
  • 85.01% LTV to 90% =+ .0050 to rate

    • The states of Massachusetts and Georgia have unique attorney fees to be paid by the borrowers, Massachusetts has a fee of $300 and for Georgia the fee is estimated to be $250 - $400.

    An appraisal fee may be collected on Home Equity Loans and Lines of Credit if an automated appraisal cannot be done with a high level of confidence or where the loan request is $150,000 or more. The estimated cost of an appraisal may range from $150.00 to $1,000.00 . If it is paid by the applicant directly, you will not be charged for the appraisal at closing and it may be shown as "Paid Outside of Closing" (POC).

IMPORTANT INFORMATION ABOUT PROCEDURES FOR APPLYING FOR A LOAN:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who applys for a loan. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for other identifying documents.

For more information on Interest Only Loans click here: IOLoans
For more information on Adjustable Rate Loans click here: ARLoans