![]() ![]() The maximum combined (existing mortgage loan balances plus Home Equity Credit Line limit) loan-to-value ratio (“LTV”) is 80% of market value if total liens do not exceed $1,000,000, the property is mortgage free or has a first mortgage held by Liberty and the applicant has a minimum FICO score of 680. Annual fee of $50 due each year of the draw period beginning with the 12th billing cycle. As of, Prime Rate is 8.50% with an APR of 8.00%. The minimum APR for the life of this line, after the first 12 full billing cycles is 3.00% maximum is 18%. ![]() After fixed rate promotional period, the APR is a variable rate based on the Wall Street Journal’s Prime Rate minus. Promotional Annual Percentage Rate (APR) of 5.99% is fixed for the first 12 full billing cycles. Not available to existing Liberty Bank Home Equity Line customers, unless the current Liberty home equity is within 24 months of the end of the draw period. ![]()
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