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Apply NowResources> Home Equity Rates

1. No Fee Home Equity Loans*
(Effective: Wednesday, May 24, 2017)
Program
Term
APR
Monthly Payments
per $1000 borrowed
Home Equity
LTV 80% Max

(No fees. Fixed rate. Automatic Payment from a Jewett City Savings Bank checking account is required to obtain the stated APR on the 5, 10 and 15 year terms.)
5 years
2.750%
$17.86
10 years
3.250%
$9.77
15 years
4.250%
$7.52
20 years
5.250%
$6.74
*Annual Percentage Rate (APR) subject to change. 1 & 2 family owner occupied. Maximum loan-to-value 80%. Minimum loan $10,000. No condominiums. No homes listed for sale or intended for sale. Payments do not include taxes and insurance, if applicable. Actual payments may be greater.


2. No Fee Home Equity Loans*
(Effective: Wednesday, May 24, 2017)
Program
Term
APR
Monthly Payments
per $1000 borrowed
Home Equity
LTV 81% to 90%

(No fees. Fixed rate.)
5 years
3.750%
$18.30
10 years
4.250%
$10.24
15 years
5.250%
$8.04
20 years
6.250%
$7.31
*Annual Percentage Rate (APR) subject to change. 1 & 2 family owner occupied. Loan-to-value 81% to 90%. Minimum loan $10,000. No condominiums. No homes listed for sale or intended for sale. Payments do not include taxes and insurance, if applicable. Actual payments may be greater.


3. Home Equity Line of Credit (HELOC)*
(Effective: Wednesday, May 24, 2017)
Program
APR
HELOC fixed for first 12 months
(Initial 1.99% APR is fixed for 12 months from account opening date and will not increase during that period.)
1.990%
HELOC after first 12 months
(After 12 months the APR is variable based on the Prime Rate as published in The Wall Street Journal on the last business day of the month plus 0%.)
4.000%
*Annual Percentage Rate (APR) subject to change. Maximum lifetime APR is 18%. New loans only. 1 and 2 family owner occupied properties only. Adequate property insurance is required. Maximum total loan-to-value is 80%. Minimum loan $10,000. Maximum loan $350,000. Annual fee of $45. A cancellation fee may apply for loans terminated within 3 years of origination date. Homes listed for resale are ineligible. Other restrictions may apply.


4. Home Equity Line of Credit (HELOC)*
(Effective: Wednesday, May 24, 2017)
Program
APR
HELOC
Non-Owner Occupied

(The APR is variable based on the Prime Rate
as published in The Wall Street Journal on the
last business day of the month plus 1.50%.)
5.500%
*Annual Percentage Rate (APR) subject to change. Maximum lifetime APR is 18%. 1 to 4 family non-owner occupied properties. Adequate property insurance is required. Maximum loan-to-value 75%. Minimum loan $10,000. Maximum loan $350,000. Annual fee of $45. A cancellation fee may apply for loans terminated within 3 years of origination date. No homes listed for sale or intended for sale.