Home Equity Loans - Owner Occupied 1-2 Family
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Loan amounts $10,000 and up to $250,000
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TERM
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ANNUAL PERCENTAGE RATE
*
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MONTHLY PAYMENT PER $1,000.00
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5 years
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4.99%
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$18.87
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10 years
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4.99%
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$10.60
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15 years
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6.24%
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$8.57
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20 years
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6.99%
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$7.75
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For Second Homes, please
Email
Rates are subject to change without notice.
- Rates listed require automatic payment deduction and a direct deposit to an Alliance Bank Checking Account. Without automatic payment deduction and direct deposit, the APR * would be .50% higher.
- No Application Fees
- The ability to borrow up to 80% of the value
of your home
- Early retirement fee and satisfaction fee may apply
- Hazard insurance required, and flood insurance may be required
- Title insurance may be required
- Loans are subject to credit approval
- Email for complete details
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Home Equity Line of Credit - Owner Occupied 1-2 Family
Alliance Bank Home Equity Line of Credit is a credit line with monthly principal and interest
payments collected over a 15-year period. The interest rate may be as low as Wall Street Journal (WSJ) Prime
* with a floor (minimum) rate of 4.50%. The annual percentage rate (APR)
may increase or decrease over the life of the loan. The maximum APR that may be
charged is 18.00%.
As of December 17, 2008, the WSJ Prime Rate is 3.25%.
Rates are subject to change without notice.
- Rate listed requires automatic payment deduction and a direct deposit to an Alliance Bank Checking Account. Without automatic payment deduction and direct deposit, the APR would be WSJ Prime plus .50%.
*
- No Application Fees
- The ability to borrow up to 80% of the value
of your home
- Early retirement fee and satisfaction fee may apply
- Hazard insurance required, and flood insurance may be required
- Title insurance may be required
- Lines subject to credit approval
- Email for complete details
For Second Homes please
Email
Rates are subject to change without notice.
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Residential Owner-Occupied Mortgage Rates
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Loan Amounts up to $417,000.00. |
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TERM
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INTEREST RATE |
ANNUAL PERCENTAGE RATE |
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30 year fixed / 15 year balloon/0 points
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5.25%
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5.25%
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15 year fixed / 0 points
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4.99%
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4.99%
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-->
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One Year ARM / 0 points |
n/a%
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n/a%
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Loan Amounts over $417,000.00
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TERM
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INTEREST RATE |
ANNUAL PERCENTAGE RATE |
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15 year fixed / 0 points
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5.49%
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5.49%
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12 year fixed / 0 points
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n/a%
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n/a%
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10 year fixed / 0 points
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5.375%
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5.375%
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- Rates listed require automatic payment deduction and a direct deposit to an Alliance Bank Checking Account. Without automatic payment deduction and direct deposit, the APR would be .50% higher.
*
- The ability to borrow up to 80% of the value of your home
- Hazard insurance required, and flood insurance may be required
- Title insurance is required
- Loans are subject to credit approval
- Email for complete details
* For example, for our 30 year/ 15 year balloon, 0 point mortgage the monthly payment per $1,000.00 would be $5.52.
Rates subject to change.
Updated
3/11/2010
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