Home Equity Line of Credit Special
Use the equity in your house to add a home gym, remodel the kitchen, or consolidate debt.
With our Byron Bank Home Equity Line of Credit Special, 1.99* Introductory Annual Percentage Rate (APR) for 12 months* and $99 closings costs* (see full disclosure below), you can continuously access the funds and as you repay, the money is available again and again.
*Byron Bank NMLS# 440162. Equal Housing Lender. Member FDIC. Offer valid July 9, 2021 – August 31, 2021. 1.99% Introductory Annual Percentage Rate (APR) is available on Home Equity Lines of Credit with 80% or less loan-to-value (LTV) for loans under $100,000. The rate will be fixed at 1.99% APR for the 12-month introductory period for owner occupied property and a minimum credit score of 710, fixed at 2.74% APR for the 12-month introductory period for owner occupied property and a minimum credit score of 670-709 and fixed at 3.49% APR for the 12-month introductory period for owner occupied property and a minimum credit score of 620-669. Loan must close by August 31, 2021. After the promotional period, the loan will reprice to Prime Rate (the Index), plus a margin based on your credit score, with a floor of 3.75% APR (as of 06/29/2021) and will vary with Prime Rate. The rate will not vary below 3.75% (the floor) with the exception of the introductory APR, and will not exceed 17%. Closing costs are $99 and monthly interest only payments are required. Interest rates and program terms are subject to change without notice. All loans are subject to credit criteria including flood insurance as applicable. Monthly payments do not include taxes and insurance premiums. Other fees and restrictions may apply. Not valid with any other offers. Consult a tax advisor for possible tax deductibility of interest.
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