Second Mortgage Loans/Home Equity Line of Credit*

ProductStructureMaximum TermRate as low asAPR as low as**
Second MortgageFixed3 Years2.875%3.436%
Second MortgageFixed5 Years3.375%3.720%
Second MortgageFixed10 Years3.875%4.056%
Second MortgageFixed15 Years4.375%4.502%
HELOC***Adjustable10 yr draw, 10 yr repay 4.99%4.99%***

* Rates shown for top qualifying credit, 80% CLTV, owner occupancy second mortgages.  Loans are subject to credit approval, credit score and LTV. Closing costs apply.  A sample principal and interest payment on a 180 month $50,000 fixed rate loan amount with a 4.375% interest rate (4.502% APR), closing costs and 80% CLTV is $379.31.  Actual interest rate may vary based on credit history, LTV and loan type.

** APR is based off of guidelines shown above, a $50,000 loan amount, the rate shown, highest term shown and closing costs.

***HELOC rate assumes A+ credit.  Floor will not fall below 4.99%.  Maximum APR 18.00%.  Assumes 70% loan to value.  Estimated loan fees between $98.00 – $493.00.

Other terms are available based on qualification.

Rates are effective as of July 20, 2020 and are subject to change without notice.