Home Equity Line Of Credit Rates

Home Equity Line of Credit | Variable Rate

Product	Interest Rate	APR*	Payment per $1,000	Additional Info
15/15	6.750%	6.750%	Varies	Rate will be 1.000% below Prime** for the life of the loan. Floor is 5.000%. 15 year draw period / 15 year repayment period.
10/15	7.250%	7.250%	Varies	Rate will be 0.50% below Prime** for the life of the loan. Floor is the start rate. 10 year draw period / 15 year repayment period.
5/15	7.500%	7.500%	Varies	Rate will be 0.25% below Prime** for the life of the loan. Floor is the start rate. Interest only for 5 years. Repayment after interest-only period is 15 years. No principal payment required until month 61.
10/10	7.750%	7.750%	Varies	Rate will be Prime** for the life of the loan. Floor is the start rate. 10 year draw period / 10 year repayment period.
15/15 Inv	8.250%	8.250%	Varies	1-2 Family Investment Properties; Rate will be 0.50% above Prime** for the life of the loan. Floor is the start rate. 15 year draw period / 15 year repayment period.

First & Second Lien – 1-4 Family (Owner Occupied) Maximum LTV - 80% up to $750,000; 75% for $750,001-$2,000,000; 70% for above $2,000,000
Maximum LTV's for Condos, Planned Unit Developments and Townhouses will be reduced by 5%
*APR= Annual Percentage Rate.
**Based on New York Prime Rate as published in the Wall Street Journal.

Home Equity Line Of Credit Rates

Home Equity Line of Credit | Variable Rate

15/15

10/15

5/15

10/10

15/15 Inv