Rates subject to change without notice.
Home Equity Rates
Effective as of 2009-01-02 07:21:26
APR = Annual Percentage Rate
| Lines of Credit 80% Loan to Value & Under | Term | APR |
|---|---|---|
| $10,000 and Up | 3.50% 6 Month Promo then Prime minus 1.00% For Life | see term |
| 80% Loan to Value & Over | Term | APR |
| $10,000 and Up | 3.50% 6 Month Promo then Prime plus 1.75% For Life | see term |
| Expanded Approval Lifetime Equity |
|---|
| Prime Plus 3.75% for Life |
IC will pay insurance premium for PMI on 95% lines of credit.
Prime Rate
Effective as of 2008-12-17 09:37:39
| Prime Rate |
|---|
| 3.250% |
Fixed Equity Rates
Effective as of 2009-01-02 07:21:26
| Term | APR |
|---|---|
| 1-5 Years | 5.490% |
| 6-10 Years | 6.375% |
| 11-15 Years | 6.750% |
| 16-20 Years | 6.990% |
Borrower to pay PMI premium on fixed rate loans over 80% Loan to Value.
All equity products have no points, no application fee and no pre-payment fee. However, a waiver of fees must be signed at the time of application. Refer to product description for value determination and appraisal requirements.
1 Fees may reduce earnings on applicable accounts
2 A waiver of fee may be assessed for early payoff
