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 Choose between a revolving line of credit or a term loan...or pick both! Whatever helps you reach your goals fastest, we're here to help. Our Home Equity Lock-In Line of Credit account allows you to get the best of both worlds; a revolving line of credit and the ability to lock-in up to three portions of your line at a fixed rates for 5, 10 and 15 year periods. 
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 Lock in your rate over a term, or ride the market's rates - it's up to you. We can help either way. Contact us to take the first step...fill out the form below to receive a call from our associates!
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 Willing to make your payments automatically from your My Bank checking account? Perfect! We'll even give you a discount to say thanks. |
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Loan is subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations apply. The Home Equity Line of Credit features variable rates based on the Prime Rate (as published in The Wall Street Journal) Rates are based on line amounts and credit rating. The current amounts with a credit score above 720 or better is Tier 1 - $10,000 - $49,999 Prime + 1.50; Tier 2 - $50,000 - $99,999 Prime + .25; Tier 3 - $100,000 - $500,000 Prime - .25 or 4.00%. (Maximum line amount $500,000/Minimum line amount $10,000) Lifetime APR will not exceed 16.00%. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. The product requires third party fees ranging from $300 to $1500. Upon request we will provide you with a breakdown of any third party fees required. Lock Feature: Fixed lock terms are for 5, 10 and 15 years. The APR for the locked term will be calculated by adding a margin to the current Line of Credit APR that applies as of the date of the lock. The following rates are applicable as of 3/4/2011. 5 Year Term = Current APR plus 1.25%, 10 Year Term = Current APR plus 1.75% and 15 Year Term = Current APR plus 2.25%. You may request a 5 year lock of 5,000 to 50,000; a 10 year lock of $25,000 to $150,000 and a 15 year lock of $50,000 to $150,000.
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