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Current Rates Home Equity Rates

Find out how a home equity loan or line of credit from MutualOne may be perfect financing solution.

 
 
Fixed Rate Home Equity Loans*
(Effective: Friday, December 19, 2014)
Program
Term
APR
Monthly Payments
per $1000 borrowed
75% LTV
(Maximum loan amount $200,000 )
5 years
4.990%
$18.87
10 years
5.250%
$10.73
15 years
5.500%
$8.17
20 years
5.750%
$7.02
100% LTV
(Maximum loan amount $25,000)
5 years
6.990%
$19.80
10 years
7.250%
$11.74
15 years
7.500%
$9.27
20 years
7.750%
$8.21
*Annual Percentage Rate (APR) subject to change. Refinancing available. 1-4 family owner-occupied properties only. Adequate property insurance is required. If an appraisal is required there is a fee of $85 to $450. A prepayment penalty may apply.


Home Equity Line*
(Effective: Friday, December 19, 2014)
Program
APR
Prime minus .25% for 1-5 years
3.250%
Prime plus .25% thereafter
3.500%
*Rates subject to change. The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in The Wall Street Journal on the last business day of the month less 1/4 of 1%. Maximum lifetime interest rate is 17.5%. Minimum lifetime interest rate is 3.25%. New loans only. 1-4 family owner-occupied properties only. Adequate property insurance is required. Maximum loan amount $200,000. Maximum total loan to value is 75%. If an appraisal is required there is a fee of $85 to $450. Draws required to be advanced on line to a checking account at the Bank. Ask us about our program for draws to be advanced by a check. A cancellation fee may apply. Other restrictions may apply.


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For more information on our products and services, please visit Client Services, use our Information Request Form, or call us at (508) 820-4000.