![]() ![]() ![]() An increase or decrease in the index will result in an increase or decrease in the APR and the Finance Charge you will pay. +Prime Rate as published in the "Money Rates" table in the Wall Street Journal. All rates are subject to change without notice. See program disclosure for additional details. Borrowers must meet minimum credit scores to qualify for combined LTV in excess of 80%. Borrower is responsible for all closing costs if the loan is paid off and closed in less than 36 months. Excludes any county/city imposed transfer taxes. * $10,000 advance required at loan closing. Call for rates for loan amounts above $1,000,000. Property insurance is required on your home. Closing cost fees for loans of $50,000 range from $500-$1,200. ![]() State and/or local government taxes may apply at closing. No fees to use, not use or close your Home Equity Line of Credit loans and No Closing Cost Loans after 36 months. All loan applications are subject to credit and property approval. Home Equity Lines of Credit have initial draw periods of 10 years which can be extended for another 5 years at the discretion of AFSB. Borrowers must exhibit minimum credit scores to qualify. Minimum loan amount $10,000, Maximum loan amount $1,000,000. The maximum APR on Home Equity Lines of Credit is 18%. Interest varies monthly based on Wall Street Journal Prime rate +/- the margin shown. ^ Payments do not include amount for taxes and insurance premiums if applicable and the actual payment obligation will be higher. All ARMs are based on a 30-year term and amortization. All ARM interest rates will not increase or decrease more than 5% over the term of the loan. The interest rate for the 7/1 ARM, 10/1 ARM and 15/1 ARM will not increase or decrease more than 5% at the first rate and payment reset and not more than 2% at each rate and payment reset period thereafter. The interest rate for the 5/1 ARM will not increase or decrease more than 2% at each rate and payment reset period. Treasury’s One (1) Year Treasury Constant Maturity Index as published by the Federal Reserve Board plus a margin of 2.50%. ARM interest rates will adjust after the initial fixed period (15/1 ARM- 180 months 10/1 ARM- 120 months 7/1 ARM - 84 months 5/1 ARM - 60 months) and are based on the U.S. *ARMs are variable rate loans and the interest rates and payments may increase after consummation. Interest rates and terms are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan to value, term, credit score, and other variables. ![]()
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