Rates as of Thursday, May 17, 2012
Product Description Interest Rate Annual Percentage Rate Apply
Home Equity Loans
1st Mortgage (Up to 80% LTV)*   4.500% 4.500%
2nd Mortgage (Up to 80% LTV)*   5.500% 5.500%
2nd Mortgage Equity Loan (81-100% LTV)*   6.000% 6.000%
2nd Mortgage Home Improvement (81-110% LTV)   6.750% 6.750%
Home Equity Line of Credit
Up to 80% LTV (Wall Street Prime+1%)**   4.250% 4.250%
81-100% LTV (Wall Street Prime+2%)***   5.250% 5.250%
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Annual Percentage Rate (APR) and Interest Rate are the same.

Rates are subject to change without notice. Rates and terms vary depending on the specific loan characteristics and applicant credit profile.

Home Equity Loans can be amortized over a variety of terms (60,120,180,240 months). Please use our Balloon Loan Calculator to calculate the payment for the term you are interested in.

*Non-owner occupied add 1%

**Home Equity Line of Credit (Up to 80% LTV) has a variable interest rate tied to the Wall Street Journal Prime rate. The current margin is Wall Street Journal Prime + 1%. The maximum ANNUAL PERCENTAGE RATE that can apply during the plan is 21.75%. The minimum ANNUAL PERCENTAGE RATE that can apply is 4.00%.

***Home Equity Line of Credit (Up to 100% LTV) has a variable interest rate tied to the Wall Street Journal Prime rate. The current margin is Wall Street Journal Prime + 2%. The maximum ANNUAL PERCENTAGE RATE that can apply during the plan is 21.75%. The minimum ANNUAL PERCENTAGE RATE that can apply is 5.00%.

Home Equity Lines of Credit are variable rate loans based on Wall Street Journal Prime Rate (Subject to change see http://www.bankrate.com/rates/interest-rates/wall-street-prime-rate.aspx for up-to-date rate information.)