- Introductory rate as low as Prime* minus 1% for first 12 months.
- Rate adjusts monthly based on Prime* thereafter.
- Revolving 10-year interest only period.
- Equal principal and interest payments for the next 20 years.
- Borrow $25,000 to $500,000 for up to 30 years.
- No closing costs up to $500,000.**
Lending products are subject to credit and property approvals. Rates, program terms and conditions are subject to change without notice. This loan product not available to purchase primary residence. Other restrictions and limitations may apply. **No closing costs subject to three-year prepayment penalty, consult loan disclosures for details. *Prime is defined as the highest Prime rate published in the Wall Street Journal on the first business day of each month. As of September 23, 2020 Prime Rate minus 1% is 2.25%. Under this plan, the maximum annual percentage rate is 16%. Property insurance required.