FREE Check IntroPak when you open a new SimpleValue Business Checking® account.*
*The Annual Percentage Rate (APR) for the Equity Extra Creditline may vary and is based on the highest Prime Rate as published in The Wall Street Journal on the 15th of the month. As of July 2016, the Prime Rate is 3.50%; therefore, our interest rate of Prime is 3.50%. The maximum APR is 17%. There is a $35 annual fee that is waived for the first year. For a line of $125,000, closing costs are estimated to be between $1,160 and $11,458. Rates and terms are subject to change without notice. All loans are secured by a mortgage or lien on your home. Property insurance is required. Available on owner-occupied family residences and condominiums.
**Consult your tax advisor regarding the deductibility of interest to determine if you qualify under current tax laws.
Apple Bank home equity loans are not available on property located in New Jersey or Connecticut.
Apple Bank is the lender (NMLS #446713) on the Equity Extra Creditline product.