home-equity

  
     
“I want to FINALLY do that home improvement project!”

“It’s time to consolidate my debts!”

“I need to be ready in case of a financial emergency!”

  • Rate: Floating
  • Payment: Interest Only
  • Term: 10 years
  • Usage: Revolving Line of Credit

 


  • No application fee! No appraisal fee!
  • Preliminary approval within 47 hours
  • Annual fee of only $20! First year - annual fee is waived!
  • Maximum loan amount 75% of appraised value minus any first mortgage balance
  • Interest may be tax deductible, please consult your tax advisor
  • Minimum draw $1,000

Property insurance is required. Flood insurance required, if applicable.
Subject to credit and property approval.

 *Wall Street Journal prime rate is 3.50% APR as of 08/01/2016
The Prime Rate is subject to change without notice.

 Lines of $10,000 to $24,999.99  WSJ Prime + 1.50% = 4.75% APR*
 Lines of $25,000 to $99,999.99  WSJ Prime + 0.75% = 4.00% APR*
 Lines of $100,000 and over  WSJ Prime + 0.50% (or the Floor Rate) = 3.99% APR*
 
 Floors & Caps
 Floor Rate  3.99%
 Ceiling Rate  18.00%
 *Annual Percentage Rates


Visit Oxford Bank today!

We'll make your financial life better.

Call us:
630-629-5000

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