Who doesn’t like extra money? That’s right; everybody likes extra money.
A Home Equity Line of Credit can be a big help in making a dream trip come true, paying for that renovation you’ve been plotting for years, or even covering an unexpected bill.
And some extra cash certainly helps too. Splurge on a souvenir from your trip. Upgrade your remodel. Have a little more wiggle room after an emergency bill.
However you plan to use your Home Equity Line of Credit – and the extra cash – we can help: Take advantage of this offer and get $250 on us when you open a new Home Equity Line of Credit and draw at least $20,000.
And that’s not where the good news ends. We’ve also got great rates. We’re offering a 2.75% APR introductory fixed rate for the first year, a 3.25% APR introductory fixed rate for the first two years, or a 4.75% APR introductory fixed rate for the first three years1. And when you draw at least $10,000 at closing, we’ll cover your closing costs2.
After the introductory fixed rate period, the APR will vary based on the prime rate (as published in The Wall Street Journal) plus a margin3 ranging from 0% to 2.50%. As of Nov. 6, 2019, the prime rate was 4.75%.
And if you use the Home Equity Line of Credit for home improvements, you may be able to deduct the interest from your taxes. Talk with a tax advisor to learn more.