home equity loan - first fidelity bank home page › assets › files › kz2wzirq › home...

1
HOME EQUITY LOAN A HELOC may be tied to a checking account to sweep funds or advance on your line of credit. Your HELOC advances in $100 increments. We will also provide you with checks to access your HELOC when and where you need it. • Up to 80% of equity in your home • Revolving line of credit • $10,000 minimum • Minimum payment is the greater of 1% of the balance or interest accrued or a minimum of $50 • Checks are issued • Minimum interest rate of 4% APR • HELOC may be tied to a checking account with access by check, debit card or ATM HOME EQUITY LINE OF CREDIT (HELOC) HOME EQUITY LOAN With our home equity lending solutions, you’ll start looking at your home in an entirely new light! You can borrow up to 80% of the equity in your home, and the interest may be tax deductible (check with your advisor for details). Home Equity Loan rates are fixed, and have a minimum loan amount of $10,000. Plus, enjoy your home equity loan with no payments for the first 90 days! Please review your Loan Estimate for applicable fees. Use a Home Equity Loan for: Home Improvements New Car Boat RV College Tuition Debt Consolidation New purchases Much more!

Upload: others

Post on 25-Jun-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: HOME EQUITY LOAN - First Fidelity Bank Home Page › assets › files › KZ2wzirq › Home Equity...Home Equity Loan rates are fixed, and have a minimum loan amount of $10,000. Plus,

HOME EQUITY LOAN

A HELOC may be tied to a checking account to sweep funds or advance on your line of credit. Your HELOC advances in $100 increments. We will also provide you with checks to access your HELOC when and where you need it. • Up to 80% of equity in your home• Revolving line of credit• $10,000 minimum• Minimum payment is the greater of 1% of the balance or interest

accrued or a minimum of $50• Checks are issued• Minimum interest rate of 4% APR• HELOC may be tied to a checking account with access by check,

debit card or ATM

HOME EQUITY LINE OF CREDIT (HELOC)

HOME EQUITY LOAN

With our home equity lending solutions, you’ll start looking at your home in an entirely new light! You can borrow up to 80% of the equity in your home, and the interest may be tax deductible (check with your advisor for details). Home Equity Loan rates are fixed, and have a minimum loan amount of $10,000. Plus, enjoy your home equity loan with no payments for the first 90 days! Please review your Loan Estimate for applicable fees.

Use a Home Equity Loan for:• Home Improvements• New Car• Boat• RV• College Tuition• Debt Consolidation• New purchases• Much more!