Is your to-do list warming up with the weather?
Use this home equity account special for your purchases or projects!
Don’t forget a home equity line of credit can help you accomplish almost anything – home improvements, college or wedding costs, a recreational vehicle, and a lot more. Our home equity account may be the smart way to afford what’s next on your list. Open a new HELOC before August 31 and enjoy a 2.99% APR* for six months. Already have a HELOC? If you increase your line by $5,000, you can take advantage of the special rate for six months, too.
- 4 fast, easy ways to access cash: credit card, check, cash advance, online transfer
- Control how you make payments: in person, online, over the phone
- Potential tax advantages**
No matter how you live your life or budget your money, a HELOC can fit within it. Here’s a quick two-minute read with more detail on a HELOC and how it works.
*Annual Percentage Rate (APR) will be fixed at 2.99% for a period of 180 days on all new home equity line of credit accounts and existing accounts with a credit limit increase of $5,000 or more. The initial discounted APR will remain in effect for 180 days from the date of the agreement, after which time the APR is based on WSJ Prime and any applicable margin. The margin, if any, is based on your home’s loan-to-value ratio and may range from 0 to 1.50%. After the initial discounted APR period, the rate is variable and subject to change daily. As of April 18, 2018, APR is 4.75%. The maximum APR will not exceed 25%. A $50 annual fee is waived for the first year, but applies annually in subsequent years. The full term of the loan is 120 months. There is an early termination fee for accounts open less than 36 months, the amount of which varies depending on the amount of the account and can be up to $500. To qualify, a loan application must be submitted on or before August 31, 2018. Terms and conditions of this offer are subject to change without notice. Additional information and disclosures available upon request or at the time of application. Subject to credit approval.
**Interest paid on the portion of the loan that is greater than the fair market value of the dwelling secured by the loan, if any, is not tax deductible for federal income tax purposes. Consult a tax advisor for further information regarding the deductibility of interest and charges.