Rates - Home Equity
|Home Equity Loans|
(per $1,000 borrowed)
|Home Equity Loans (1-5 Years):||6.250%||6.250%||$19.45|
|Home Equity Line of Credit**||3.250%||3.250%||(Prime + 0%)|
Interest rates and Annual Percentage Rates (APR) are accurate as of 1/12/2015 and is subject to change without notice. Offer valid with auto-payment from a Northeast Bank checking account. Borrow up to 75% of the current value of your home, existing liens and mortgages included. Loans are subject to credit approval. Hazard insurance is required. Loans are limited to primary residence only. Limited time offer may be withdrawn at any time.
** APR will vary daily based on the Prime Rate as published in the Wall Street Journal. As of 1/12/2015 the rate was 3.25%. The maximum APR is 18% and the floor is 3.25%.
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