|
Home Equity
| The Annual
Percentage Rates are effective as of May 9, 2013 |
| No
Points No Closing Costs ** |
|
Home Equity Line of Credit*
20 Year Term
|
|
Current APR is 2.75%
|
|
Prime Rate - .50% for Life of Loan for Lines of Credit $100,500
to $150,000***
|
|
APR
|
Current
Prime Rate - .50% is 2.75%† |
The rates are as of 05/09/13 and are subject to change.
The APRs are as of 05/09/13. ***The Home Equity Line APR is .50% below
the Prime Rate as published in The Wall Street Journal on the last business
day of each month. Prime rate as of 05/09/13 is 3.25%. The minimum rate
will not be less than 4.000% and may increase after consummation to a
maximum 18% for Home Equity Lines of credit from $10,000 to $24,999. The
APR is subject to change monthly and may increase after consummation to
a maximum 18%. The APR is subject to change monthly and may increase after
consummation to a maximum 18% for Home Equity Lines of Credit of $25,000
to $150,000. The maximum combined loan-to-value is 75%. Owner occupied,
1-4 family properties. **If you believe the property assessment on your
tax bill is undervalued or valuation report obtained by the Bank is undervalued,
a $275 fee may be paid for a bank appraisal. Property insurance is required.
Flood Insurance may be required. Please consult a tax advisor regarding
the deductibility of interest. Minimum credit line or loan is $10,000.
Maximum credit line or loan is $150,000. *Autopay from a CRB checking
account is required. *** Other rate programs available for lower credit
limits. Rates subject to change without notice.
| The Annual
Percentage Rates are effective as of 04/10/2013. |
|
Fixed Rate Home Equity Loans
|
|
Loan Type
|
Rate
|
Points |
APR
|
P&I Pmt PER $1000
|
|
5 Years
|
2.990%*
|
0.00 |
2.990%*
|
$17.96
|
|
Without Autopay
|
3.490%
|
0.00 |
3.490%
|
$18.19
|
|
10 Years
|
3.490%*
|
0.00 |
3.490%*
|
$9.88
|
|
Without Autopay
|
3.990%
|
0.00 |
3.990%
|
$10.12
|
|
12 Years
|
3.790%*
|
0.00 |
3.790%*
|
$8.65
|
|
Without Autopay
|
4.290%
|
0.00 |
4.290%
|
$8.90
|
|
15 Years
|
3.990%*
|
0.00 |
3.990%*
|
$7.39
|
|
Without Autopay
|
4.490%
|
0.00 |
4.490%
|
$7.65
|
Loan Amounts are $10,000 to
$150,000 for the 5, 10, 12 and 15 year terms. Maximum Combined
Loan To Value is 75%. APR based on a $150,000 loan with an
75% LTV. No Points &
No Closing Costs (Unless stated otherwise**)
*Autopay from a CRB deposit account is required.**If
you believe the property assessment on your tax bill is under-valued,
a $275 fee may be paid for a bank appraisal.
|
|
