Home Equity L.O.C.
Equity Trust (ARM)
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up to 85% property value less first trust†
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3.99%
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60 Month draw period followed by 120 months repayment period
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Payment during the draw period is 1% of the balance as of the last advance taken,
$5,000 min/$100,000 max. Within the states of VA,WV,MD,NC and DC.
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| 85.01% to 100% property value less first trust† |
4.99% |
Second Trust
3/20 Equity Trust |
up to 85% property value less first trust† |
5.24% |
36 Months |
Monthly payment is computed based on a 240 month repayment schedule
36th payment is balloon payment (unpaid prin + int due) $10,000 min/$250,000 max. Within the states of VA,WV,MD,NC and DC.
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| 85.01% to 100% property value less first trust† |
6.24% |
Second Trust
5/20 Equity Trust |
up to 85% property value less first trust† |
5.49% |
60 Months |
Monthly payment is computed based on a 240 month repayment schedule
60th payment is balloon payment (unpaid prin + int due) $10,000 min/$250,000 max. Within the states of VA,WV,MD,NC and DC.
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| 85.01% to 100% property value less first trust† |
6.49% |
Second Trust
7/20 Equity Trust |
up to 85% property value less first trust† |
5.74% |
84 Months |
Monthly payment is computed based on a 240 month repayment schedule
84th payment is balloon payment (unpaid prin + int due) $10,000 min/$250,000 max. Within the states of VA,WV,MD,NC and DC.
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| 85.01% to 100% property value less first trust† |
6.74% |
Second Trust
10/20 Equity Trust |
up to 85% property value less first trust† |
5.99% |
120 Months |
Monthly payment is computed based on a 240 month repayment schedule
120th payment is balloon payment (unpaid prin + int due) $10,000 min/$250,000 max. Within the states of VA,WV,MD,NC and DC.
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| 85.01% to 100% property value less first trust† |
6.99% |
*APR = Annual Percentage Rate. APR does not include pricing adjustments for loan to value, occupancy type, loan amounts,
purpose and credit score; your actual rate may be higher.
†Property values are based on the lesser of the current appraised value or the current tax assessment. Independent appraisals not accepted.
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