Home Equity Line of Credit
*1.75% Annual Percentage Rate (APR) is an introductory rate for the first six months. After the introductory period, rate on the outstanding balances will revert to Prime Rate as published in the Wall Street Journal on the first day of the calendar month minus (-) 0.75%. Prime rate as of 1/22/18 is 4.50%. The APR may vary monthly. Minimum rate 2.50% and maximum rate 18.00%. 10-year draw period. 15-year repayment period. Minimum $10,000 draw at closing and $1,000 advances thereafter. 80% combined LTV to $200,000 (</=70% LTV $300,000). Proof of adequate property insurance required and Flood Insurance may also be required. Subject to credit approval. Other terms and restrictions apply including 620 minimum credit score. Offer subject to change without notice. MBCU NMLS ID #615913 +No closing costs unless loan is paid off/discharged during first 3 years.