Rates effective July 3, 2008
(subject to change without notice)
Home Equity and Improvement Loans
| Max Loan to Value |
Loan Amount |
Rate/Annual Percentage Rate (APR)* |
Term |
Initial Monthly Payment
Per Thousand
|
Rate
Guarantees
|
| 80% |
Minimum $1,000 Maximum $25,000 |
6.25% / 6.91% |
Maximum 20 Year |
7.31 |
3 Year Rate Lock |
| 80% |
Minimum $1,000 Maximum $25,000 |
6.50% / 6.50% |
5 Year |
19.57 |
Fixed |
| 80% |
Minimum $1,000 Maximum $25,000 |
6.75% / 6.99% |
Maximum 20 Year |
7.60 |
5 Year Rate Lock |
| 80% |
Minimum $1,000 Maximum $25,000 |
7.95% / 7.95% |
7 Year |
15.56 |
Fixed |
| 80% |
Minimum $1,000 Maximum $25,000 |
7.95% / 7.95% |
10 Year |
12.11 |
Fixed |
| 81% to 90% |
Minimum $1,000 Maximum $25,000 |
8.25% / 8.57% |
Maximum 20 Year |
8.52 |
3 Year Rate Lock |
| 81% to 90% |
Minimum $1,000 Maximum $25,000 |
8.75% / 8.75% |
Maximum 20 Year |
8.84 |
5 Year Rate Lock |
*APR based on $25,000. Rates subject to increase after consummation with a maximum of
18% APR for variable rate loans. In certain circumstances an appraisal
may be required for which a fee of $200 to $250 would be charged.
Property insurance is required. |
Home Equity Plus and Improvement Loans
| Max Loan to Value |
Loan Amount |
Rate/Annual Percentage Rate (APR)* |
Term |
Initial Monthly Payment
Per Thousand
|
Rate
Guarantees
|
| 80% |
Minimum $25,000 Maximum $100,000 |
6.25% / 6.91% |
Maximum 20 Year |
7.31 |
3 Year Rate Lock |
| 80% |
Minimum $25,000 Maximum $100,000 |
6.50% / 6.50% |
5 Year |
19.57 |
Fixed |
| 80% |
Minimum $25,000 Maximum $100,000 |
6.75% / 6.99% |
Maximum 20 Year |
7.60 |
5 Year Rate Lock |
| 80% |
Minimum $25,000 Maximum $100,000 |
7.95% / 7.95% |
10 Year |
12.11 |
Fixed |
| 80% |
Minimum $25,000 Maximum $100,000 |
7.95% / 7.95% |
7 Year |
15.56 |
Fixed |
| 81% to 90% |
Minimum $25,000 Maximum $100,000 |
8.25% / 8.57% |
Maximum 20 Year |
8.52 |
3 Year Rate Lock |
| 81% to 90% |
Minimum $25,000 Maximum $100,000 |
8.75% / 8.75% |
Maximum 20 Year |
8.84 |
5 Year Rate Lock |
*APR based on $30,000. Rates subject to increase after consummation with a maximum of 18% APR for variable rate loans.
In certain circumstances an appraisal may be required for which a fee of $200 to $250 would be charged.
Property insurance is required.
|
Line of Credit Loans
| Max Loan to Value |
Loan Amount |
Rate/Annual Percentage Rate (APR)* |
Term |
Initial Monthly Payment
Per Thousand
|
Rate
Guarantees
|
| 80% |
Minimum $5,000 Maximum $125,000 |
Prime + 0% |
10 Year |
Interest Only |
Variable Rate Adjusted Monthly |
| 81% to 90% |
Minimum $5,000 Maximum $50,000 |
Prime + 1% |
10 Year |
Interest Only |
Variable Rate Adjusted Monthly |
*Rates subject to increase after consummation with a maximum of 18% APR for variable rate loans.
An annual fee of $40 will be assessed after the first year. In certain circumstances an appraisal
may be required for which a fee of $200 to $250 would be charged. Property insurance is required.
|
|