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Our HELOC Rates are. Whether you want to remodel your home, consolidate other high-interest debt, or simply take a vacation, NOVA can help.
Our home equity line of credit - currently priced at Wall Street Journal Prime less 1.10% APR* - can help you save money, lower
monthly payments, and possibly reduce your tax liability.
Stop by any one of our business centers to take advantage of this opportunity to make your home work for you.
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*ANNUAL PERCENTAGE RATE. APR is available with a loan to value up to 85% for a minimum of $100,000. Offer includes a 120 Month INTEREST ONLY HELOC.
Purchase money transactions do not apply. Minimum draw is $300 per advance. If below $300, a $50 minimum advance fee will be charged. A single balloon
payment is required at maturity. An application is required, and offer is subject to credit approval and may be modified or discontinued at any time.
Closing costs may range from $0 - $400 and offer is for single-family owner occupied properties only. Property insurance is mandatory and flood
insurance may be required. A Periodic Rate used to compute the FINANCE CHARGE will be based on the published Wall Street Journal (WSJ) Prime.
Should two rates appear, the higher of the rates will apply. WSJ Prime was 5.25% as of March 19, 2008 according to wsj.com. APR will vary. Under no circumstances will ANNUAL PERCENTAGE RATE exceed 18.000% per annum or go below 4.490% per annum at any time during the term of the plan. |
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