Home Equity Loan Disclosure

(1) Monthly Payment:
For example: On a 5-year $10,000 loan at 10.00% APR you would make 60 payments of $212.47. On a 15-year $10,000 loan at 10.00% APR you would make 180 payments of $107.46. On a 20-year $10,000 loan at 10.00% APR you would make 240 payments of $96.50.

If your approved loan, plus any outstanding balance on your first mortgage, equals or exceeds 90% of the appraised value of your home the rate will be higher.

Loans are subject to credit approval and will be secured by a mortgage on your home.

Your interest rate may differ from the rate in this example.

Loan Fees: (Not available in South Carolina)
When your loan is opened, certain fees are paid to third parties. As a special promotional offer, we will pay these third party fees on your behalf. However, if your loan is terminated for any reason within 3 years from the date your loan is opened, you will be required to reimburse us for the total cost of the third party fees paid by us on your behalf. These fees may range from $635 to $14,300.