Line of Credit

** Prime Rate 3.25% **

Rates Effective As Of October 03, 2011

*** All LINE OF CREDIT PROGRAMS HAVE AN EARLY CLOSURE FEE OF $350.00 FOR THE FIRST TWO YEARS OF THE LOAN AS OF JANUARY 22, 2009

ALL PROGRAMS - $195.00 DOC PREP FEE AT CLOSING

Line of Credit Programs
$10,000 Min. to $250,000 Max.
Five year balloon term / $50.00 Annual Fee after first year
Max LTV - 65%

                             **FIXED RATE EQUITY LINE - 5.25% FIXED FOR TERM OF LOAN - 60 MONTHS**

                                MAX LTV 65% -  $195.00 DOC PREP FEE AT CLOSING.   

Prime minus .25% (variable) - Conforming Loans only - Max LTV 65% - If AJ Smith 1st Mortgage Customer -  Max LTV 75% -$195.00 Doc Prep Fee at closing!


Prime plus 1.00% (variable) - Max LTV 65% - Nonconforming Loans- All Fees Apply!
Prime plus 2.00% (variable) - Max LTV 65% - Nonconforming Loans - All fees apply!

Tiered Line of Credit
Non-Conforming loans - Max LTV 65% - All fees apply!
Rate tiered: $10,000 - $24,999.99 Prime plus 2
$25,000 - $99,999.99 Prime plus 1
$100,000 - Over Prime

Like us

 

Home | Search | Security | Privacy & COPPA Policy

Click here to send questions or comments

 

 

Each Depositor is Insured for at least $250,000.00.

 

For a summary of Coverage and Coverage Limits, please follow the link below:

FDIC Deposit Insurance Summary and Limits