3.99% HELOC | Prime minus – 1.01% home equity loan
Tuesday, May 6th, 2008Absolutely No closing costs line of credit, APR 3.99%
This is a 3 month introductory rate at Prime minus 1.01% and then goes to Prime minus .25%. The Prime interest rate is currently 5.000%. You are able to make interest only payments on this loan… A borrowed amount of $50,000 would have a minimum payment of only $198. If you bought a $50,000 car and got a great car loan at 6.0% for 5 years, your payment would be $966.64.
To see how much you qualify for please contact us. With such a low cost of money it is worth considering this home equity loan instead of pulling money out of your savings where you can potentially earn more right now. Looking to buy a home? Ask us about our purchase program for a (no down payment, no closing costs, no $ needed at settlement) no money loan in MD, DC, and VA.
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