Home Equity Line of Credit and Loans – Cal Coast #small #business #loans #for #women

#equity loan rates
#

Home Equity Lines of Credit and Loans

Get the credit you so deserve.

Equity Advantage Line of Credit

Low rate, lower payments.

Our introductory interest rate on a home equity line for 12 months is as low as 3.98% APR.* And, with an interest-only feature, your monthly payments can be even more affordable. Not to mention, your interest payments may be tax deductible (consult your tax advisor ). Best of all, if you apply online, you can get the cash you need in just three weeks.

Credit that works with you.
    No lender fees, no annual fee, and no closing costs** Convenient Visa credit card or personal checks to access your equity line Low interest-only payments and draw period for 10 years 15-year payment term begins after the 10-year draw period Loan advances can be taken as needed, and interest is charged only on the funds in use

*APR = Annual Percentage Rate.

Equity Advantage 80. Introductory Annual Percentage Rate (APR) of 3.98% is offered on single-family owner-occupied homes up to 80% CLTV, for twelve months on new lines only. Thereafter, rate increases to the Prime Rate as published in the Wall Street Journal, or the floor rate of 4.25% APR, whichever is greater, and may adjust a maximum of .5% monthly. The maximum APR (Lifetime Cap) is 12%. The minimum APR (Floor Rate) is 4.25%. Loans on second homes and investment properties in CA are available at different rates / terms.

Equity Advantage 90. Equity Advantage 90 is offered on single-family owner-occupied homes up to 90% CLTV. The rate is the Prime Rate as published in the Wall Street Journal plus .50%, or the floor rate of 4.50% APR, whichever is greater, and may adjust a maximum of .5% monthly. The maximum APR (Lifetime Cap) is 12%. The minimum APR (Floor Rate) is 4.50%. Loans are only available on owner-occupied properties in CA.

Equity Advantage 100. Equity Advantage 100 is offered on single-family owner-occupied homes up to 100% CLTV. The rate is the Prime Rate as published in the Wall Street Journal plus 1.00%, or the floor rate of 5.00% APR, whichever is greater, and may adjust a maximum of .5% monthly. The maximum APR (Lifetime Cap) is 12%. The minimum APR (Floor Rate) is 5.00%. Loans are only available on owner-occupied properties in CA.

**Closing costs up to $650 waived if the loan remains open for 36 months from the date of loan funding. Closing costs include title search, escrow, credit report, tax service and similar non-recurring fees. You are responsible for property taxes, insurance, homeowner association dues and for purchases, down payment, transfer taxes, and owner’s title policy. Rates and terms as of 03/26/2015 based on credit history, subject to approval, and subject to change without notice. Some restrictions apply.

Equity Fixed-rate Loan

Zilch. Zero. Nothing more to it.
    No points No annual fee No lender fees No closing costs*

APR= Annual Percentage Rate

Fixed Rate 80 Payment example: A $50,000 loan on a single-family owner-occupied home up to 80% CLTV with a 10 year term at 6.00% APR has a monthly payment of $555.10, a 15 year term at 6.50% APR has a monthly payment of $435.55, and a 20 year term at 7.25% APR has a monthly payment of $395.19. Minimum monthly payment of $75 required. Loans on second homes and investment properties in CA are available at different rates / terms.

Fixed Rate 90 Payment example: A $50,000 loan on a single-family owner-occupied home up to 90% CLTV with a 10 year term at 6.50% APR has a monthly payment of $567.74, a 15 year term at 7.00% APR has a monthly payment of $449.41, and a 20 year term at 7.75% APR has a monthly payment of $410.47. Minimum monthly payment of $75 required. Loans are only available on owner-occupied properties in CA.

Fixed Rate 100 Payment example: A $50,000 loan on a single-family owner-occupied home up to 100% CLTV with a 10 year term at 7.00% APR has a monthly payment of $580.54, a 15 year term at 7.50% APR has a monthly payment of $463.51, and a 20 year term at 8.25% APR has a monthly payment of $426.03. Minimum monthly payment of $75 required. Loans are only available on owner-occupied properties in CA.

*Closing costs up to $650 waived if the loan remains open for 36 months from the date of loan funding. Closing costs include title search, escrow, credit report, tax service and similar non-recurring fees. You are responsible for property taxes, insurance, homeowner association dues and for purchases, down payment, transfer taxes, and owner’s title policy. Rates and terms as of 03/26/2015 based on credit history, subject to approval, and subject to change without notice. Some restrictions apply.





Leave a Reply

Your email address will not be published. Required fields are marked *