Loan rates are effective: Sunday, January 1, 2017
1 All payments quoted above are based upon $1,000 borrowed. In order to obtain an estimated monthly payment for a specified loan amount, multiply the monthly payment factor for the desired loan term by the number of thousand dollars borrowed. Calculate your payment with our Loan Calculator.
The current prime rate is 3.75%
2 The line of credit rate is subject to change monthly. The rate is based on the prime rate as published in the Wall Street Journal on the last business day of the month plus a 0.5% Margin rounded up to the nearest 0.25%. The minimum APR is 3.99% and the maximum APR is 18%.
*APR = Annual Percentage Rate. Rates are subject to change without notice. Rates are based upon evaluation of applicant credit. Actual rates may vary.
Loans are on 1-4 unit family, owner-occupied residences in Pennsylvania. Property insurance is required. Flood insurance may be required. To open and maintain a home equity loan or home equity line of credit, you will pay certain fees to third parties. These fees generally range from $175 to $385. If you ask, we will give you an itemization of the fees you will have to pay to third parties.
There are no application fees and no points for home equity fixed rate or line of credit loans.