Consumer Loans-New York
Dreaming about updating your kitchen? Paying high interest on credit cards or loans? Worried about covering high tuition bills? A taxSense™ Home Equity Line of Credit may be the perfect solution.
taxSense Home Equity Line of Credit
A taxSense™ Home Equity Line of Credit is ideal if you need access to cash over a period of time, but interest is charged only on the amount you actually use -- not on the entire line of credit.
The Home Equity Line of Credit offers competitive interest rates and is available for loan amounts up to $250,000 (which is based on equity in your New York home and your ability to repay). There is no application fee involved. You pay only a modest mortgage recording charge and New York State Mortgage Recording Tax after closing.
Interest may be tax deductible (check with your tax advisor).
Variable Rate Line of Credit
- Current Annual Percentage Rate (APR) is 3.25%. (Maximum Rate 16.0%)
- Interest Rate subject to change without notice. Rate varies monthly with Prime Rate (index) as published in The Wall Street Journal
- Ten Year Draw Period
- Monthly payment from the start of the loan will be 1/240 principal outstanding or $100.00, whichever is greater plus interest
| Current Annual Percentage Rate (APR) is 3.25% | |||
| Interest rate is subject to change without notice. |
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Try one of our Financial Calculators to assist you in estimating financing and payment options, and even compare loan rates easily!
For more information, visit one of our branches, call 1-800-222-0194, ext. 1332 or 1336, or click on this link to e-mail our Consumer Loan Department.
