Accurate as of 09/18/2026 and are subject to change at any time. Annual Percentage Rate = APR.
HOME EQUITY LINE OF CREDIT - LOAN AMOUNTS UP TO $249,999
Please contact us today for higher loan amounts
| Loan Type | Product Rate | APR* |
|---|---|---|
| HOME EQUITY LINE OF CREDIT | Wall Street Journal (WSJ) Prime Rate minus 1.00% with a floor of 4.750%. Prime is currently at 7.000%. | 6.000% |
*APR = Annual Percentage Rate. APR may change at any time. Maximum APR of 16%. Available on 1-4 family owner-occupied homes (Primary or secondary residences in New Jersey only), excluding investment properties, mobile homes, co-ops, homes for sale, under construction or leased land. This product is a variable rate Line of Credit with a 10-year interest only draw period followed by a 15-year repayment period with 180 payments of principal plus interest. Rates are subject to change without notice. Any change to Wall Street Prime Rate may result in a change of interest rate on this Line and the payment due. Minimum loan amount is $10,000.00. Total loan term is 25 years. Property insurance required; flood insurance is required where applicable, at Borrower’s expense. Closing fees typically range from $425.00 to $1,945.00 for loan amounts up to $249,999. There are no membership or participation fees. The maximum Loan to Value is 75% for loan amounts up to $249,999. Other loan products, rates, and terms available. Interest may be tax deductible, please consult your tax advisor. Offer subject to credit approval.
PRIMARY RESIDENCE/SECOND HOME - HELD IN A PERSONAL NAME
We also offer Primary Residence/Second home – held in a limited liability company and Investment Property adjustable-rate mortgages. Please contact us today to learn more.
| LOAN TYPE | INTEREST RATE | APR*** | FULLY INDEXED RATE**** | MONTHLY P&I PAYMENTS PER $100,000.00 BORROWED* | Maximum LTV |
|---|---|---|---|---|---|
| 3/1/30 Year ARM | 6.500% - for 3 years** | 6.669% | 6.500% - for 27 years**** | 359 Payments of $632.07* 1 Payment of $629.85* | 75%***** |
| 5/1/30 Year ARM | 6.500% - for 5 years** | 6.669% | 6.500% - for 25 years**** | 359 Payments of $632.07*
1 Payment of $629.85* | 75%***** |
| 7/1/30 Year ARM | 6.625% - for 7 years** | 6.796% | 6.625% - for 23 years**** | 359 Payments of $640.31*
1 Payment of $641.23* | 75%***** |
*Monthly payments do not include taxes and insurance and the actual payment obligation will be greater. All loans are subject to credit approval.
**The maximum rate increase is 5% over the life of the loan.
***APR = Annual Percentage Rate. APR based on a $100,000 loan. Rates are for Purchase or Refinance. Rates subject to change without prior notice. Application Fee and Origination Fee Applies. LTV = Loan to Value Ratio. ARM loans are variable rate loans; interest rates and payments may increase after consummation. For example a 3/1 ARM with a term of 30 years for $100,000 with an APR of 6.669%, Initial Introductory Rate of 6.500%, your monthly payments for years 1-3 would be $632.07, and for years 4-30 monthly payments would be $632.07 – $629.85 (based on current index plus margin currently 6.500% – fully indexed rate). Monthly payments do not include taxes and insurance and the actual payment obligation will be greater.
****6.500 and 6.625% are variable and the rates may change resulting in a corresponding change in the monthly payment.
*****75% LTV is limited to loan amounts up to $1,000,000.00. Please contact us today for higher loan amounts.
