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Call 617-268-8880 or apply
online today
and you could access your equity in just
a few
days!
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Rates - Home
Equity Line Rates
Effective: As of November 20th, 2008 and subject to
change without notice.
As South Boston's #1 Lender, Mt. Washington Bank offers
a wide range of Lines of Credit.
We offer fixed and variable LOW RATE Equity Lines of Credit for owner
occupied properties. In addition, we offer investment property Equity
Lines of Credit with flexible terms.
Home Equity Line Rates
Owner-Occupied |
| Type |
Rate |
APR |
Variable Prime
|
4.00% |
4.00% |
Special Fixed Rate
|
7.75% |
7.75% |
Rates are subject to verification
of current credit history, income, and property value and condition.
Property and hazard insurance is required on property securing the
line of credit. New home equity customers must draw $25,000 at closing
and existing customers must
increase line by $25,000 and draw $25,000 at closing. For a loan
$125,000.00 or more title insurance is required. Offer good for
a limited time. Consult your tax advisor regarding your individual
situation. *Rates may vary and are indexed to the current Prime
Rate as published in the Wall Street Journal. The maximum APR is
18%. *Based on current prime rate of 4.00%. |
For information on our wide range of products and services or for current
interest rates, email us at lending@MtWashingtonBank.com
or call our Loan Center at 617-268-0379.
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