Home Equity Loan Rates
Serving the towns of: Stafford, Ashford, Ellington, Somers, Willington, Tolland and Union.
Rates effective January 11, 2018
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||Pmt. per $1000
Rates are subject to change at any time.
Minimum loan amount $15,000. Maximum loan amount $250,000. Available for owner occupied single family properties. Property insurance is required. Application and other fees may apply. The payments listed above do not include amounts for taxes and insurance premiums, if applicable.
*APR is based upon a $25,000 loan for the term specified. Other loan amounts available at different rates and APR’s. Contact us for your particular loan amount.
Home Equity Line of Credit (HELOC)
Annual Percentage Rate (APR) of Prime minus 1% for life of loan subject to a minimum rate (see below). Minimum loan amount $10,000. Maximum loan amount $250,000. Available for owner occupied single family properties with 20% equity not currently listed for sale. No application fee. Property insurance required. APR is variable each month based on the Prime Rate as published in the Wall Street Journal. As of 12/14/17, the Prime Rate is 4.50%. Maximum APR is 18%. Minimum APR is 4%. An early termination or other fees may apply. Other restrictions may apply.
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