*Annual Percentage Rate (APR) is 4.75% as of July 28, 2008. APR may vary and is based on the Prime Rate as published by the Wall Street Journal. Rate is discounted and requires automatic payment from an Affinity Bank checking account. Without automatic payment, rate is Prime, which is currently 5.00%. Maximum APR will not exceed 25%. No points or fees for HELOCs from $10,000 to $250,000. Out-of-pocket expenses estimated $350 to $1,200 or more for HELOCs above $250,000. Annual Fee of $50 waived for the first year. Minimum Advance Fee of $15 for advances under $250. Borrowers required to pay property insurance, and if applicable, flood insurance. You may pay all or any amount owed without penalty as long as HELOC is not closed. A $500 Prepayment Penalty applies if HELOC is closed within 3 years from date of opening. |
If you are looking forward to a special vacation, or a way to reduce the payments on your credit card debt, start your own small business, pay for a college education or make those long delayed home improvements, Affinity Bank can make your wishes a reality with our Home Equity Line of Credit. With rates as low as Prime minus .25%APR - currently 4.75%APR - when you have your payment automatically deducted from your Affinity Bank checking account, you'll be ready for any unexpected expenses or opportunity. 
