Loan Rates:
Home Equity Line of Credit
Rates as of Sunday, August 1, 2010
Loan Type Rate (APR)* Repayment Terms
Owner Occupied
1-4 family unit.
80% CLTV**
$200,000 Maximum		 Prime plus 0% margin.
Currently 4.000%		 20 years
Rates and conditions are subject to change without notice.
*Annual Percentage Rate (APR) - the annual yearly cost of credit. Includes the effect of interest, discounts, fees, and other costs. Rate adjusted quarterly based on the prime rate. There is a floor of 4.000% APR and a ceiling of 18.000% APR. $50 annual fee. Repayment term is a maximum of 20 years. Property insurance required.

**Combined Loan to Value (CLTV). All loans on the property (ie First Mortgage, Home Equity, HELOC, etc) cannot exceed a combined percentage (as stated) relative to the documented value of the property.