1Our HELOC rates are variable and are based on the value of an index. The index used is the Wall Street Journal Prime Rate published in its Money Rates column. When a range of rates has been published the highest rate will be used. To determine the annual percentage rate (“APR”) on your account, we add a margin to the value of the index. APR shown is based on the lowest rate available under our program. If you had an outstanding balance of $10,000.00, the minimum payment at the initial rate of 4.50% would be $186.43, and the minimum payment at the maximum rate of 9.50% would be $210.01. These payment estimates are based on a repayment term of 60 months. Longer repayment terms are available for balances over $10,000.00. The maximum rate could be reached at the time of the first payment. Closing costs and fees include (but are not limited to) the cost of an appraisal report on your home. Appraisal cost is estimated as $300.00 to $450.00.
2Annual Percentage Rate (APR). Rate shown is the lowest rate available and may be subject to upward adjustment based on credit score and the Loan-to-Value (LTV) ratio.
Home Mortgage Disclosure Act Notice: The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about the loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s website. HMDA data for many other financial institutions are also available on the CFPB's website.