Equity Loan Rates


Effective as of 03/09/2010

(APR defined as Annual Percentage Rate; is subject to change without notice. Customers must live within our Lending Area to qualify.)

Equity Line of Credit
Category Rate Max. Term
Prime for Life, monthly adjustable tied to WSJ Prime,      
an interest only required payment during the Draw period, then a 10 YR Repayment Period of P & I pay'ts. HELOC up to $100,000 3.25%* APR 25 Years
HELOC up to $100,001 to $250,000 3.25%* APR 20 Years
     
Single family dwellings 70% max LTV; Condos 50% max LTV.      
Annual Maintenance Fee $35; fee waived if disbursed balance on Line anniversary is over $10,000. If the Line is closed within the first 3 years, a $500 termination fee will be charged.      
Maximum APR 18%, Minimum APR 3.25%. Properties held in Trust will have approx. $176 additional closing costs. Property insurance is required. Also, a Foxfed Checking acct. and an automatic loan payment are required.      

No Cost Fixed Equity Loans
Rate Max. Term Cost per $1000
Min. Loan Amt. $30,000 5.75% APR 5 Years 19.22
Min. Loan Amt. $30,000 5.99% APR 10 Years 11.10
Min. Loan Amt. $50,000 6.25% APR 15 Years 8.57
Min. Loan Amt. $50,000 6.50% APR 20 Years 7.46
No Points/No Closing costs*, Requires automatic loan payment from a Foxfed Checking account . Single family owner occupied properties only. Maximum LTV 70%. *Appraisal and/or recording fees may apply.      
Property held in a Trust will have some closing costs approx. $176. Prepayment Penalty. Property insurance is required.      

Fixed Equity Loans
Rate APR* Max. Term Cost per $1000
Loan Amt. $25,000-$250,000 5.25% 5.32% 5 Years 18.99
5.75% 5.79% 10 Years 10.98
5.99% 6.02% 15 Years 8.43
6.25% 6.27% 20 Years 7.31
Closing costs approximately $700. Owner occupied SF properties only. Maximum 70 LTV%. Appraisal cost is additional if required.        
Properties held in a Trust add approx. $176 to closing costs. Property insurance is required.        
APR based on a $50,000 loan.        

Please call 508-543-5321 or our toll free loan line, which is 1-877-FOXFED1 (1-877-369-3331) for rates pertaining to other loan terms.



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