Home Equity Line of Credit

Annual Yield Other
5.00 80% financing
5.75 90% financing
6.75 100% financing
*Interest only option available.
Rate: Monthly variable; index is the Prime Rate as reported in the Wall Street Journal on the last Friday of each month.
Amount Financed: Up to 100% LTV without PMI. Payments are monthly and due on the 15th of each month.
Prime rate as of Thursday, July 3, 2008 5.00%
Maximum APR Rate 18% APR
Minimum APR Rate 4% APR
Loans originating from Washington County, MD and Frederick County, MD have an additional recordation fee.
Excluding recordation tax.
Washington County - $7.60 per $1000
Frederick County - $5.00 per $500
Fees to open this plan can range from $191.00 - $470.50.
Property insurance is required.
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