- Savings & CDs
- Money Market
- Mortgage Loans
- Auto Loans
- About Us
- Contact Us
Take advantage of our 3.99% APR* Home Equity Line of Credit for the first 12 months!
Embrace the security of extra funds as you need them without using high interest credit cards; exercise maximum control over your withdrawals and monthly payments with access to a maximum 80% of your home equity (less the balance owed on your first mortgage). College tuition, home improvements and debt consolidation are the top three reasons our customers choose our home equity line of credit!
Frequently Asked Questions:
Question: What happens after the first 12 months when the introductory 3.99% APR expires?
Answer: Your rate would most likely be 5.00% APR. Our standard pricing for home equity lines of credit is the greater of the Wall Street Journal Prime Rate plus 1.00% or 5.00% APR. Our regulations mandate the maximum APR that can be imposed as 18%.
Question: What is the maximum amount I can borrow on my home equity line of credit?
Answer: Remember we will want to make sure that your line of credit combined with the amount you owe on your current mortgage(s) does not exceed 80% of the value of your home. An appraisal may be required to determine the current value of your home.
Question: With rates so low, why wouldn’t I just refinance?
Answer: Refinancing is a great option as well! You will want to consider your overall mortgage game plan. If you are happy with your current rate and just want access to funds as you need them for college tuition or home improvements, you may like the flexibility that our home equity line of credit affords you.
Loan information is subject to change. Certain restrictions apply. New lines of credit only.
*APR=Annual Percentage Rate. The 3.99% APR is guaranteed for one year at the time of closing and is variable thereafter. 5.00% APR is the standard minimum for Argentine Federal Savings home equity lines of credit. After the initial 12 month offer period, pricing will be the greater of the Wall Street Journal Prime Rate plus 1.00% or 5.00% APR. The maximum APR that can be imposed is 18%. Homeowners property insurance is required. Flood insurance may be required. The proposed credit line together with any other mortgage(s) cannot exceed 80% of the value of the property. New lines only. Appraisal may be required. This offer may be withdrawn at any time.