Home Equity
Line-of-Credit |
5.00%-6.50% |
0.013698%-0.017808% |
5 - 10 Year
Draw Period
10 Year
Repayment |
No application fee or closing costs. Interest Rate is based on credit score. The interest rate is a variable rate that changes quarterly and is based on Prime Rate plus as published in the Wall Street Journal plus a margin, The minimum monthly payment is 1.5% of your balance or $100.00 minimum as of the most recent advance. Annual fee $25.00. Maximum loan to value 80% of tax assessed value. Properties located in Oregon and Washington only. Reconveyance fee paid at end of loan. |
| Home Equity Line (Interest Only) |
5.00%-6.50% (Fixed) |
0.013698% - 0.017808% |
5 - 10 Year
Draw Period
10 Year
Repayment |
The "interest only" period will be for the first 5 years. Interest Rate is based on credit score. During the "interest only" draw period, your minimum monthly payment will be equal to the accrued Finance Charge at the end of each billing cycle. At the end of the "interest only" draw period, the minimum monthly payment will refer back to the 1.5% of your balance or $100.00 minimum as of the most recent advance. The interest rate will be fixed for the first 5 years. At the end of the "interest only" draw period, the interest rate will revert back to a variable rate which can change quarterly, based on the Prime Rate as published in the Wall Street Journal plus a margin. Annual Fee $25.00. Maximum loan to value not to exceed 80% of tax assessed value. Properties located in Oregon and Washington only. Reconveyance fee paid at end of the loan. Minimum loan amount $10,000.00. |
Interest Rates on Accounts
