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Home Equity Line of Credit Disclosure

Home Equity Line of Credit
Home Equity Line of Credit minimum monthly payment will be based on the outstanding balance.

For Home Equity Line of Credit up to 80% LTV / CLTV, variable rate is based on Prime rate minus 0.50%

For Home Equity Line of Credit 80.01 – 100% LTV / CLTV, variable rate is based on Prime rate plus 1.00%

APR can change each quarter.

The maximum APR is 18.00%

Rates are subject to increase after consummation.

Current Prime rate : 4.75%