ALL LOANS SUBJECT TO CREDIT APPROVAL. RATE IS BASED ON CREDITWORTHINESS AND OTHER FACTORS, AND MAY BE HIGHER THAN THE RATE SHOWN. RATES AND TERMS SUBJECT TO CHANGE WITHOUT NOTICE.
Home Equity Loan
|Terms||1st Position Annual Percentage Rate||2nd Position Annual Percentage Rate||Points and Fees**|
|20 - 30 Years||As low as 4.24%||As low as 5.49%||0|
Home Equity Line of Credit
|Introductory Period for Fixed Rate||Introductory 1st Position Annual Percentage Rate||Introductory 2nd Position Annual Percentage Rate||After Introductory Period, Prime Rate Plus 0% Annual Percentage Rate*||Points and Fees**|
|6 Months||As low as 3.49%||As low as 3.49%||Floor of 3.99%||0|
|3 Years||As low as 3.74%||As low as 3.99%||Floor of 3.99%||0|
|5 Years||As low as 4.25%||As low as 4.50%||Floor of 3.99%||0|
|7 Years||As low as 5.50%||As low as 5.75%||Floor of 3.99%||0|
Equity loans and lines available for owner-occupied single-family California residences. Loans for townhouses, condominiums and 2-unit properties are available with different terms. The lowest rates as shown require (a) $20,000 loan or advance at closing; (b) 75% or better loan to value (LTV) ratio; and (c) automatic loan payments. Six-month introductory rate not available on Lines of Credit used as purchase money. No annual fee.
20-year term is available on loan amounts of $50,000 or more. 30-year term is available on loan amounts of $150,000 or more. Payment example: 360 monthly payments of $4.92 per $1,000 borrowed at 4.24% APR.
*Rate is variable, based on Prime Rate as published in The Wall Street Journal Money Rates Table (the \"Index\"), with a floor of 3.99% and a lifetime maximum variable APR of 16.00%.
**Zero (0) points and fees are available only on new loans and lines of credit, and are not available for refinances of existing KeyPoint loans. For a limited time, pay no fees to establish a Home Equity Loan or Line up to $500,000. Important Note: If you pay off the loan within 36 months, you will pay a $350 early closing fee on loan amounts up to $250,000, or $1,000 fee on loan amounts over $250,000. Fees to establish equity loans and lines over $500,000 typically range from $1,325 to $2,500.
Minimum loan amount is $20,000.
Finish Line Loan Rates
|Fixed Term Period||7-Year Term||10-Year Term||15-Year Term||30-Year Term|
|Annual Percentage Rate||3.375%||3.375%||3.375%||4.24%|
|Monthly Payment Amount||$1,320.95||$965.23||$690.19||$751.74|
|Total of Payments Over the Term||$110,959.32||$115,826.77||$124,233.40||$135,312.43|
All figures are based upon a $100,000 loan with a start date of 4/18/14. These examples are purely for illustrative purposes. Actual payments and interest will vary.
Finish Line Loan Disclosures:
Home refinancing offered at fixed rates of 3.375% to 6.74% APR as of 4/18/14 based on creditworthiness, loan-to-value ratio and other factors. Offered rates subject to change. Featured rate of 3.375% requires 75% LTV or less, and excellent credit and automatic loan payments. Pay $9.84 per month per $1,000 borrowed at 3.375% APR for 120 months. If you pay off and close the loan within 36 months, an early closing fee of $350 applies to lines up to $250,000 or $1000 to loans from $250,000–$500,000.
Refinance of KeyPoint Real Estate Secured loans and lines do not qualify for the No Point, No Fee, No Closing cost program.