The Annual
Percentage Rates are effective as of March 3, 2011
No
Points No Closing Costs **
Home Equity Line of Credit*
20 Year Term
Current APR is 4.00%
(Minimum Rate 4.00%)
Prime Rate - .50% for Life of Loan for Lines of Credit $100,500
to $150,000***
APR
Current
Prime Rate - .50% is 4.00%†
†The rates and APRs are as of 03/03/2011 and
are subject to change. The Home Equity Line APR is .50% below the Prime
Rate as published in The Wall Street Journal on the last business
day of each month. Prime Rate as of 10/28/10, is 3.25%. The APR is subject
to change monthly. The minimum rate will not be less than 4.000% and it
may increase after consummation to a maximum of 18%. The maximum combined
loan-to-value is 75%. Owner occupied, 1-4 family properties. **If you
believe the property assessment on your tax bill is under-valued, a $275
fee may be paid for a bank appraisal.The APR is as of 10/28/10. Property
insurance is required. Flood Insurance may be required. Please consult
a tax advisor regarding the deductibility of interest. Minimum credit
line or loan is $10,000. Maximum credit line or loan is $150,000. *Autopay
from a CRB checking account is required. ***Other rate programs available
for lower credit limits. Rates subject to change without notice.
The Annual
Percentage Rates are effective as of 03/03/2011.
Fixed Rate Home Equity Loans
Loan Type
Rate
Points
APR
P&I Pmt PER $1000
5 Years
5.000%*
0.00
5.000%*
$18.87
Without Autopay
5.500%
0.00
5.500%
$19.10
10 Years
5.500%*
0.00
5.500%*
$10.85
Without Autopay
6.000%
0.00
6.000%
$11.10
12 Years
5.625%*
0.00
5.625%*
$9.57
Without Autopay
6.125%
0.00
6.125%
$9.82
15 Years
5.750%*
0.00
5.750%*
$8.30
Without Autopay
6.250%
0.00
6.250%
$8.57
Loan Amounts are $10,000 to
$150,000 for the 5, 10, 12 and 15 year terms. Maximum Combined
Loan To Value is 75%. APR based on a $150,000 loan with an
75% LTV.No Points &
No Closing Costs (Unless stated otherwise**)
*Autopay from a CRB deposit account is required.**If
you believe the property assessment on your tax bill is under-valued,
a $275 fee may be paid for a bank appraisal.
