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| Rates Effective 8/26/09 Subject to change without notice. |
Home Equity Line of Credit
Prime - 1.01% on balances of $50,000 and over
Prime - .51% on balances under $49,999 |
| ALL CLOSING FEES ARE CURRENTLY WAIVED. |
| Amount Financed |
Minimum Line
of Credit |
Minimum Monthly
Payment |
Term |
80.0%* of
Current Appraised
Market Value |
$10,000.00 |
(Draw Period) Interest Only |
120 Months |
(Repayment Period)
Interest & Principal |
120 Months |
Access your line of credit by writing a check for $500.00 or more.
We’ll supply 25 free checks. |
| * First and second mortgage balance may not exceed 80.0% of market value. |
| Rate Index: Wall Street Journal Prime Rate. Minimum rate is 4.0%. Maximum rate is 18%. |
Fixed Payment Home Equity Loan
Home Equity Line of Credit: Rates quoted for $20,000 and over |
| Amount Financed |
Loan Term |
Rate |
APR |
80% or Less of
Current Appraised
Market Value |
60 Months |
6.24% |
6.24% |
| 120 Months |
6.74% |
6.74% |
| 180 Months |
6.99% |
6.99% |
| Minimum Loan Amount $5,000. Call for loan amounts less than $20,000.00 |
| We are currently waiving all fees on loans of $10,000.00 or more. Waived fees assessed if loan closes before 3 years. |
| Bridge Loan to Purchase New Home |
Amount
Financed |
Loan Amount |
Loan Term |
Rate |
APR |
| 60%* of Current Appraised Market Value |
> $10,000.00 |
Up to 12 Months |
Prime +1.5%** |
6.00% |
* First and second mortgage balance may not exceed 60% of market value.
** Minimum Rate 8.00%. APR calculated on $20,000.00 loan amount for a term of 12 months. Closing costs paid by member |
| Balloon Note. No Payments Required During Loan Term. |
We Do Business in Accordance With the Federal Fair Housing Law and the Equal Credit Opportunity Act.
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Mortgage Calculators |
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