Mortgage Loan Rates
Effective: September 1, 2010
EquiLine, Home Equity Line of Credit (Variable Rate) Rates APR
New Loan or Refinance Prime + 1.00% 3.25%**
***********Introductory Offer - Prime PLUS 0% through 12/31/10**********
Home Equity Loan (Fixed Rate) - (up to 80% LTV) Rates APR*
180 Months as Low as 7.25%
120 Months as Low as 6.75%
60 Months as Low as 6.25%
Loan Amounts or Limits up to 80% equity; not to exceed $150,000.00
Home Improvement Rates APR*
84 Months as Low as 9.24%
72 Months as Low as 7.99%
60 Months as Low as 7.74%
48 Months as Low as 7.49%
36 Months as Low as 7.24%
Minimum Loan $1,000.00 | Maximum Loan $15,000.00

Mortgage Loan Rates

Please Note:

  • *APR = Annual Percentage Rate
  • **Variable Rate: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate can change monthly and is based on the index plus a margin. As of 8/31/10 the Prime Rate was 3.25% APR (Annual Percentage Rate). The rate will be adjusted to the highest Prime Rate as published in the Wall Street Journal on the last day of every month plus the margin. Currently, the initial annual percentage rate is "discounted" and will be in effect until 12/31/10. Current discounted rate is 3.25%. Thereafter, Prime Rate + 1.00% (refer to our Home Equity Early Disclosure provided at time of application for complete details).
  • Lifetime Cap: The maximum Annual Percentage Rate that can apply is 18.00% or the maximum permitted by law, which is ever less.
  • Interest Rate Change: The interest rate is subject to change monthly and is based on the Index plus a margin.
  • Index: The Index is the highest Prime Rate as published in the Wall Street Journal on the last day of every month.
  • Margin: The margin is the percent added to the Index to determine the current Annual Percentage Rate (APR).
  • Closing Costs: Closing costs and NYS Mortgage Tax paid by the Borrower. 
  • All rates disclosed above are done so using the APR (Annual Percentage Rate), and are disclosed with the lowest rate available to our members.
  • Your rate may vary from the above rates and will be determined by your individual credit history.
  • All rates are subject to change without notice.