Rates as of Wednesday, July 28, 2010
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Fixed Rate HELOC 10 Year Draw/10 Year Repayment
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6.250%
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6.287%
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HELOC Prime 10 Year Draw / 10 Year Repayment
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4.990%
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4.990%
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On the Variable Line of Credit the rate is fixed at 0.99% Annual Percentage Rate for the first three billing cycles only, after that the rate is variable at Prime capped at 18% Annual Percentage Rate with a floor of 4.99%. There are no points, no closing costs, and no appraisal fees unless you request us to use a value different than your town's appraised value.
Property insurance is required to open and maintain a Home Equity Line of Credit
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