Home Equity Lines of Credit as low as 4.00%APR*
Variable Rate Home Equity Line of Credit:
Borrow what you need, when you need it!
- Interest-Only Payment Options
- Tiered rates based on loan amount
- No Application or Closing Fees*
- Convenient check writing & Internet access
- Interest may be tax deductible - consult your tax advisor
- IMPORTANT HOME EQUITY INFORMATION
*Disclosure - 4.00% Annual Percentage Rate (APR) as of 3/19/08 and subject to change. Your individual rate is based on loan amount, LTV, your individual credit history and the Prime Rate published in the Wall Street Journal.Minimum rate 4.00%APR, maximum rate 18%APR. The variable rate example of 4.00% APR is based on a $25,000+ line of credit and 80% Loan to Value (LTV). Estimate assumes a .25% discount when payments are automatically deducted from a Community Financial checking account.
An early termination fee of $300 will be charged on lines closed within the first 24 months.
Fixed Rate Home Equity Term Loans as low as 5.50% APR*
Great for Debt Consolidation
A Community Financial Home Equity Term Loan feature low, fixed rates and are closed-ended so your payments are set for a fixed period of time. These loans offer:
- The peace of mind of fixed rates and payments
over a set period of time
- Variety of term options based on your needs
- Borrow up to 100% of your available equity
- No application or closing fees
- Interest may be taxed deductible – consult your tax advisor
*Disclosure -The fixed rate example of 5.50% APR is based on a $25,000+ line of credit, 80% Loan to Value (LTV) and a 5 year term. Estimate assumes a .25% discount when payments are automatically deducted from a Community Financial checking account. Payment example:
The payment on a $25,000 loan at 5.50% is approximately $478 for 60 months. Your individual rate is based on loan amount, term, LTV, your individual credit history. Minimum rate 4.00%APR, maximum rate 18%APR.
Apply Online or by Phone
Click here it begin the application process for your new Home Equity Loan. Or, call a representative to discuss the home equity loan that is right for you. We’ll answer your questions, give you monthly payment options and take your application over the phone. Call us today at (734) 453-1200 or toll-free at (877) 937-2328.
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