All loans are subject to underwriting and credit approval.  Other restrictions may apply.  Rates are subject to change without notice.VARIABLE RATE HOME EQUITY LINE OF CREDIT DISCLOSUREYou can obtain credit advances for 10 years (the “draw period”).  During this period, payments will be due monthly.  Your minimum monthly payment will equal the amount of accrued finance charges on the last day of the billing cycle.  The minimum monthly payments during the draw period will not reduce the principal that is outstanding on your line of credit.  After the draw period ends, you will no longer be able to obtain credit advances and must pay the outstanding balance on your line of credit (the “repayment period”).  The length of the repayment period is 10 years.  During the repayment period, payments will be due monthly and will be determined as described below:The amount sufficient to amortize the principal amount you owe on the last day of the draw period, plus interest, in substantially equal monthly installments during the repayment period, plus any fees and any amounts past due.Variable Rate Features: This line of credit has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum monthly payment can change as a result.  Ask us for the current index values, margin, and annual percentage rate.  After you open a line of credit, rate information will be provided on periodic statements that we send to you.
NMLSR ID#543601