Equity loans and lines available for owner-occupied single-family California residences. Loans for townhouses, condominiums and 2-unit properties are available with different terms. The lowest rates as shown require (a) $20,000 loan or advance at closing; (b) 75% or better loan to value (LTV) ratio; and (c) automatic loan payments. Six-month introductory rate not available on Lines of Credit used as purchase money. No annual fee.
20-year term is available on loan amounts of $50,000 or more. 30-year term is available on loan amounts of $150,000 or more. Payment example: 360 monthly payments of $4.92 per $1,000 borrowed at 4.24% APR.
*Rate is variable, based on Prime Rate as published in The Wall Street Journal Money Rates Table (the \"Index\"), with a floor of 3.99% and a lifetime maximum variable APR of 16.00%.
**Zero (0) points and fees are available only on new loans and lines of credit, and are not available for refinances of existing KeyPoint loans. For a limited time, pay no fees to establish a Home Equity Loan or Line up to $500,000. Important Note: If you pay off the loan within 36 months, you will pay a $350 early closing fee on loan amounts up to $250,000, or $1,000 fee on loan amounts over $250,000. Fees to establish equity loans and lines over $500,000 typically range from $1,325 to $2,500.
Minimum loan amount is $20,000.