Home Equity Special Rate Promotion
Renovate. Repair. Relax.
If you need cash for a home improvement project, choose a St. Mary's home equity line or loan. Get a low rate and easy payments that fit your budget.
Home Equity Line of Credit
Currently at 2.49% APR*1. Rate valid for a limited time, take advantage now.
Home Equity Loans
Fixed rate. Currently as low as 4.49% APR.*2
Act now – limited time offer
Take advantage of these special low rates. Equity line and loan applications are fast and easy, apply today.
Be sure you and your family are covered. Ask about Credit Life and Disability Insurance when you apply for a loan or click here for more information.
*Annual Percentage Rate (APR) accurate as of 3/4/13. Rates and terms may change at any time and vary by loan amount. 1-4 family owner occupied NH properties only. Combined Loan-To-Value (CLTV) up to 85% for credit scores of 730 and above and St. Mary's Bank holds the 1st mortgage; up to 80% CLTV when St. Mary's Bank does not hold the 1st mortgage; up to 75% CLTV for amounts greater than $500,000. Not available for homes currently for sale. Property insurance required. Flood insurance may be required. Applications subject to credit approval. Other rates and terms (up to 180 months) available. Properties held in trust subject to $175 fee. Payoffs to lenders other than St. Mary’s Bank subject to $50 discharge tracking fee.
1 Home Equity Line: Annual Percentage Rate (APR) valid for first twelve monthly billing cycles, then rate changes to Prime -.25%, variable monthly for the remaining life of the line (Prime Rate as published in the Wall Street Journal preceding the start of each monthly billing period. Current prime rate is 3.25%). Min. APR 3.00% and max. APR 16%. $10,000 min. line amount, $10,000 min. draw required at closing. $50 annual fee waived with automatic payment from a St. Mary’s checking account. If a line of credit agreement is paid in full and closed within 3 years of activation, a prepayment fee of $400 applies.
2 Home Equity Loan: Annual Percentage Rate (APR) based on $10,000 amount financed for 60 months. APR reflects 0.25% discount with automatic funds transfer from St. Mary’s checking account. If the loan is paid in full and closed within 3 years of activation, a prepayment fee of $350 applies.
St. Mary’s Bank is a member-owned credit union. Membership opened with purchase of one share of capital stock for $5.This credit union is federally insured by the National Credit Union Administration. Equal Housing Lender.