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Home Equity Loans and Lines of Credit

Interest Rates and Terms    Effective: 01/26/2012
Term
Rate
Points
APR**
Payment per $1000  
Max LTVR
Max Loan
20 Year Fixed
15 Year Fixed
10 Year Fixed
5 Year Fixed
4.875%
4.625%
4.375%
4.125%
0
0
0
0
4.882%
4.634%
4.388%
4.150%
$6.53
$7.71
$10.30
$18.47
75%
75%
75%
75%
$250,000/$5,000
$250,000/$5,000
$250,000/$5,000
$250,000/$5,000

1-4 Family & Condominiums: 75% maximum loan to value ratio.
Investment Property: 70% maximum loan to value ratio / Interest rates 1% higher
Second Homes: 75% maximum loan to value ratio / Interest rates 1/2% higher / 1 family & condominium only.
Application Fee: $150

Important Details
• Borrow up to $250,000
• We keep all loans in-house, so you're assured of Clifton Savings Bank's personal service.

*APR = Annual Percentage Rate
Interest rates and terms are subject to change without prior notice

Home Equity Lines of Credit      Effective: 01/26/2012
Rate: 4.00%; rate to adjust monthly to prime rate (prime rate is currently 3.25%)
Points: 0
APR*: 4.00%
Term: 20 Years (15 year draw period, 5 year repayment period)
Rate Caps: 18.00% maximum /4.00% minimum (no cap per adjustment)
Maximum LTV: 75% 1-4 Family and Condominiums
Loan Amounts: $250,000.00 maximum / $5,000.00 minimum
Minimum Draw: $500.00
Application Fee: $150.00
Property Type: 1-4 family and condominium; primary residences only

*APR = Annual Percentage Rate
Interest rates and terms are subject to change without prior notice