Member FDIC. Equal Housing Lender
** This home equity line of credit includes both variable rate advances and a fixed rate loan option. The Annual Percentage Rate (APR) for variable rate advances is as low as Wall Street Journal (WSJ) Prime Rate – 0.75. Depending on borrower credit worthiness and combined loan to value ratio (CLTV), variable rate advances may range from WSJ Prime – 0.75%, which is 4.00% as of 12/30/08 to WSJ Prime + 1.0%. Rate may vary, but never to exceed 25.00% APR. The APR as of the same date for fixed rate loans is as low as 6.64%. APR may be higher for other loan amounts, CLTVs and credit qualifications. Fixed rate option conversion fee of $50 per conversion (waived if fixed rate loan is requested at HELOC origination). Auto pay from a First Independent account required. If auto pay is cancelled, the APR will increase by 0.25%. Annual fee of $50 after the first year. Credit line not to exceed 85% of market value as determined by an independent third party. Property and title insurance required. Flood insurance required where necessary. Prepayment penalties, other restrictions and fees may apply. Rates and terms subject to change without notice. Best rate based on a Flex Line loan with $25,000 minimum draw. Also requires opening a Choice or Choice Plus checking account with Auto Pay and Platinum Debit Card. Green Flex Line 0.10% discount requires proof of purchase of environmentally friendly items. Subject to credit approval.
** This home equity line of credit includes both variable rate advances and a fixed rate loan option. The Annual Percentage Rate (APR) for variable rate advances is as low as Wall Street Journal (WSJ) Prime Rate – 0.75. Depending on borrower credit worthiness and combined loan to value ratio (CLTV), variable rate advances may range from WSJ Prime – 0.75%, which is 4.00% as of 12/30/08 to WSJ Prime + 1.0%. Rate may vary, but never to exceed 25.00% APR. The APR as of the same date for fixed rate loans is as low as 6.64%. APR may be higher for other loan amounts, CLTVs and credit qualifications. Fixed rate option conversion fee of $50 per conversion (waived if fixed rate loan is requested at HELOC origination). Auto pay from a First Independent account required. If auto pay is cancelled, the APR will increase by 0.25%. Annual fee of $50 after the first year. Credit line not to exceed 85% of market value as determined by an independent third party. Property and title insurance required. Flood insurance required where necessary. Prepayment penalties, other restrictions and fees may apply. Rates and terms subject to change without notice. Best rate based on a Flex Line loan with $25,000 minimum draw. Also requires opening a Choice or Choice Plus checking account with Auto Pay and Platinum Debit Card. Green Flex Line 0.10% discount requires proof of purchase of environmentally friendly items. Subject to credit approval.