Let your home do the fixing.
Your home is a real fixer-upper, all right. Using your home's equity, you can enhance your financial buying power with a revolving, home equity line of credit. Use your special home equity line of credit checks whenever the need presents itself. Use it continuously,
like a credit card, up to your available credit limit. Again. And again.
| Home Equity Lines of Credit |
| Relationship Line |
Borrow up to 80% of the equity in your primary residence or second home with a variable rate line of credit.
Plus, no loan fee and we'll waive the standard annual membership fee for the first year. |
| Fixed Rate Option |
Convert all, or a portion of your line of credit into a fixed rate loan without having to reapply. |
Talk to an expert
Tri Counties Bank loan officers are available to help you with any kind of loan and explain the
benefits of all our Consumer Loan Products. If you have any questions please call our
Loan Specialists today at 1-800-922-8742. There are no obligations and we're looking forward to your call.
Consult your tax advisor for possible tax benefits. Home equity Lines of
Credit are variable rate plans. The ANNUAL PERCENTAGE RATE (APR)
assigned to your credit line will be based on the value of an index. The
index is the prime rate as published in the Wall Street Journal, Western
Edition. To determine the APR that will apply to your line, we will add
or subtract a margin from the value of the index. Ask us for the current
index value, margin, discount (if applicable) and corresponding APR.
(The published prime rate as of 12/17/08 is 3.25%). Your rate will be
determined by credit worthiness, product type and LTV. For lines of
credit secured by owner-occupied property, excluding an "introductory
discount rate," (if applicable), the APR will never be less than 5.00%
(the "floor"), or greater than 18.75% (the "Cap"). Lines available
on homes secured by conforming real property up to 80% LTV, including
any prior encumbrances. Standard closing costs (excluding fees paid to
other lenders to release lien status) generally range from $500 - $800),
and are waived only for home equity lines or loans under $250,000.
Property insurance is required. The annual fee of $75.00 is waived for
the first year only. There is a $500.00 early termination fee. Other
conditions may apply. Call us for details. Home equity line rates are
subject to change at any time.
