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Prime
Rate Home Equity Line
Effective:
June 23, 2008
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Program
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APR*
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Prime Rate
|
5.00%
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*Annual Percentage Rate (APR) subject to change. The interest rate is subject to adjustment monthly equal to the Prime Rate as published in The Wall Street Journal on the last business day of the month. As of 6/23/08 the Prime Rate was 5.00%, which would result in an APR of 5.00%. Maximum APR is 18%. New loans only. 1–4 family owner-occupied properties only. A cancellation fee may apply for loans terminated within two years of origination date. Homeowners insurance required. Flood insurance may be required. Minimum loan amount $25,000. Other restrictions may apply.
Make the Commonwealth connection!
For more information about Commonwealth Co-operative Bank please visit our office, call (617) 227-2298 or complete our information request form.