| Effective Date: 3/31/2010 | ||||
| Home Equity Line of Credit | Interest Rate | Origination Fee/Discount Points | APR as low as | Maximum Loan Amount |
| 20 Year Amortization with a 10 year draw period | As Low as Prime Rate plus 1.25% | 0/0 | 4.50% variable | $200,000 |
Rates are subject to change at any time and are not guaranteed. Other rate and point options may be available. Loan Example: $30,000, 7.00% (7.148% APR); 240 monthly payments of approximately $233 each. Please call the Mortgage Department at 757-886-3395 for details.
* Rate and terms will vary depending upon loan-to-value, loan amount, loan term, and credit qualifications. Non-owner occupied properties are not eligible for promotional rates. Reasonably, closing costs may range from $300 - $1000, but may vary. The maximum annual percentage rate that may be imposed is 18% APR.
