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Disclosure
View our Fair Lending Policy statement. »
Loan program subject to change without notice and cancellation at any time. Actual qualification is subject to verification and approval of income, credit, property appraisal and other factors. Additional fees, terms and conditions may apply. Other rates and terms are available. Please consult your tax adviser regarding tax deductibility.
Home Equity Line of Credit
1To open an account, you must pay certain fees to third parties such as appraisers, credit reporting firms and government agencies (closing costs). These third party fees generally total between $540.00 and $1,400 for a $50,000 line of credit. We will pay your closing costs, up to $5,000. You must pay any and all closing costs that exceed $5,000, including any applicable transfer taxes whether in part or in full. You will reimburse us for all closing costs that we paid on your behalf to third parties if the line is terminated (by you or us) during its first three years. Upon request, we will provide you with an itemization of these closing cost. Closing cost are not waived for purchase transactions.
* According to Bankrate, https://www.bankrate.com/home-equity/reasons-to-use-home-equity/.