When used properly, the equity in your home can be a powerful tool. It is an excellent product choice for making large purchases, paying for tuition, or remodeling.
|Fixed Rate Home Equity Rates|
|Term||APR as low as||Loan to Value||Comments|
|5 Years||5.50%||Up to 80%||No closing costs! (provided initial loan amount is $20,000 and loan remains open for 36 months)|
|10 Years||6.00%||Minimum Loan Amount: $5,000. Maximum Loan Amount $100,000. Maximum Loan to Value (LTV) for owner-occupied and non-owner-occupied properties is 80% of tax assessed or appraised value. Rate based on credit evaluation.|
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