Finance Your Dreams with the Flexibility of a HELOC
For the first
6 months,
a rate currently as low as:
4.99%APR**
Then a rate equal to
prime currently:
7.50% APR*
*APR = Annual Percentage Rate. Rates subject to change without notice.
**Introductory rate for the first six months with an Annual Percentage Rate (APR) of 4.99% then variable rate with the APR equal to NY Prime Rate at that time adjusting daily with a minimum APR of 5.00% and maximum APR of 18.00%. Current APR as of 1/1/25. Offer valid until 12/31/25. Term of HELOC will be 120 months if secured by a 1st lien position on a single-family owner-occupied residence or a 2nd lien position where the line of credit amount is under $250,000. Term of HELOC will be 60 months if secured by 2nd lien position on a single-family owner-occupied residence and the line of credit amount is between $250,000 to $1,000,000. Interest only or 2% of outstanding balance payment options available. With either of these options, a balloon payment equal to the outstanding principal balance at maturity and any unpaid interest will result. Minimum line of credit amount is $25,000. No annual fee. One time documentation fees of $150 to $425 may be charged. Estimated closing costs of $1,194.90 to $4,098.28. Adequate property insurance on all real estate collateral is required. Consult your tax advisor regarding interest deductibility. All loans subject to credit approval. When refinancing an existing Community Bank HELOC, new HELOC requests are not eligible for introductory rate discount if refinanced within the first five years. Limited time offer. See Bank for full details.
