By The Numbers
Home Equity Rates
|PRODUCT||POINTS||APR *||MINIMUM / MAXIUMUM|
Home Equity Line of Credit
|0||8.00%||$25,000.00 Min / $500,000.00 Max|
|TERM||POINTS||APR *||ESTIMATED COST PER $1,000||MINIMUM / MAXIUMUM|
|20 Years||0||7.25%||$7.90||$35,000.00 Min / $500,000.00 Max|
|15 Years||0||7.00%||$8.99||$35,000.00 Min / $500,000.00 Max|
|10 Years||0||6.74%||$11.48||$35,000.00 Min / $500,000.00 Max|
|5 Years||0||6.25%||$19.45||$35,000.00 Min / $500,000.00 Max|
|3 Years||0||6.00%||$30.42||$35,000.00 Min / $500,000.00 Max|
*Owner occupied properties only. 1-4 Units. Maximum combined loan to value is up to 80%. Home Equity Rates automatically set for 60 days at time of application. Property Valuation Costs: Exterior = $90 for MA & NH. Prices vary for The Cape & Islands. Full Report ranges from $495 - $1,000 depending on property type, value, and location. Properties held in a trust require legal review: up-front cost of $65, trust certificate recording cost of $75, and overnight postage cost of $19.39 for lien payoffs only. If borrower is required to pay closing costs: additional recording fee of $175 and lien insurance fee of $65 will also apply. Total fees not to exceed $900. Flex Loan Conversions: Fixed Interest and Principal payments; Minimum Conversion amount is $5,000.
Fees may apply. See the Membership Account Agreement for details. Programs, rates, terms and conditions subject to change without notice. All loans are subject to credit approval. Credit Union membership is required; members must maintain a membership account with a minimum of $5.00.