Floating Rate HELOC
Term | 10 Years | |
Introductory Rate | First 12 Months- with Auto-Pay (ACH) | 2.25% |
Introductory Rate | First 12 Months- without Auto-Pay (ACH) | 3.25% |
Rate-Next 9 Years | With Auto-Pay (ACH) | Prime Floating with a 4.00% Floor |
Rate-Next 9 Years | Without Auto-Pay (ACH) | Prime Floating + 1.00%, with a 5.25% Floor |
Closing Costs | Line must be open for 2 years* | $0.00 |
Minimum Line Amount | In order to get the advertised special rates | $10,000 |
Floor | With Auto-Pay (ACH) | 4.00% APR |
Ceiling | With Auto-Pay (ACH) | 20.00% APR |