Mortgage & Equities ^top

1: Annual Percentage Rate (APR) shown is current as of March 20, 2008 and is subject to change without notice. The Prime Rate was 5.25% as of March 20, 2008, and the rate featured is based on a loan-to-value ratio up to 90% for lines of $25,000 or greater. If you do not qualify for a line limit of $25,000 or greater, your contract rate will be Prime plus .50%. Lines are also available up to a loan-to-value ratio of 100% and could range from Prime plus 1.25% to Prime plus 1.50%. The contract rate is based on Prime Rate plus your contract margin and may vary monthly but will never exceed 15.90%. Rates are available to new accounts only and cannot be used to refinance existing ESL equity debt. 2: ESL waives the closing cost for a home equity line of credit of $10,000 or more. However, if you close your line within the first 24 months of your account open date, you must reimburse us for actual costs and fees paid in connection with opening your account. For a line of credit between $5,000 and $9,999.99, a $298 closing cost fee will apply. Minimum line amount is $5,000. Property insurance and flood insurance, if applicable, are required. 3: Consult your tax advisor. 4: Qualification for the Owners' Dividend is subject to eligibility requirements. Payment of a Dividend is not guaranteed. ESL is a registered service mark of ESL Federal Credit Union. Membership is subject to eligibility.