| |
| Fixed First Choice
Home Equity Loan** |
| Term |
Rate |
Points |
APR * |
Minimum & Maximum Amounts |
| Up to 15 yrs |
6.99% |
0 |
6.99% |
$15,000 - $100,000 |
Available on owner occupied, primary residences
only. Loan amount not to exceed 80% of appraisal, minus the balance of existing first mortgage.
Additional recording fees and pre-paid interest may be charged.
Certain restrictions apply.
* Annual Percentage Rate (APR)
** Example:$50,000 loan at 7.49% for 180 months
Monthly payment: $449.14
Total payment: $80,843.57
Total finance charge: $30,843.57 |
| Home
Equity Line Of Credit (HELOC) |
| Prime Rate for the Life of the Loan! |
| Type of Product |
Rate ** |
Points |
APR* |
Maximum Amount |
| HELOC |
5.000% |
0 |
5.000% |
$125,000 |
** Adjustable Rate: As of 4/1/2008 the Prime lending rate is 6.000% as published in the Wall St. Journal. Reduced Relationship Rate available. Prime Rate Minus One Percent for the Life of the Loan for borrowers who maintain a Crimson Checking Account.
Appraisal fee and closing costs are approximately $550.00. Fees are waived when there is an initial advance of $10,000 or more. If the borrower terminates the agreement and requests a discharge of mortgage within 24 months from the date of the note, borrower shall then be obligated to pay Lender the full amount of the waived costs. Adequate property and flood insurance (if applicable) is required at time of closing.
*Certain restrictions apply.
Maximum APR for the life of the loan is 18.00%.
Consult with your tax advisor for income tax implications. |
HUECU is an equal opportunity lender. By state law, all applications
for loans must be in writing. Other stipulations may apply. All
rates are subject to change without notice . |
