Loan Rates

Residential Mortgage

 

Contact us for current rates.

Home Equity Line of Credit*

 

Rates as of: December 17, 2008

Home Equity Loan Rates

 

Term	Credit Limit	Interest Rate	APR
10 Years	$0 - $99,999	Prime + 1.00%	5.00%
10 Years	$100,000 - $499,999	Prime + 0.50%	4.50%
10 Years	$500,000 - $999,999	Prime + 0.25%	4.50%

 

*Offer applies to new home equity customers only.  The Annual Percentage Rate (APR) is a variable rate based on the highest Prime Rate in the Money Rates section of the Wall Street Journal (the "WSJ Prime").  The maximum APR for all credits is 20%.  The minimum APR for all credits is 4.50%.  Consult your tax advisor about the deductibility of interest.  Purchase of property insurance is required.  Offer applies to 75% loan-to-value or less, secured by owner-occupied, one-to-four family residences located in the state of Illinois.  Normal underwriting guidelines may apply.  The Bank will pay third party costs associated with this program.  However if you payoff and close your line of credit within one year, you agree to reimburse the Bank for fees paid on your behalf.  These third party fees range from $100.00 to $750.00. 

 

Other Loans (Construction, Overdraft Protection, Auto, Debt Consolidation)

 

Contact us for current rates.