Rental Equity Loan

Use the equity in your rental property to upgrade, remodel, or even make repairs to the property. What you do with the money is up to you.

Up to 70% CLTV
Loan amounts up to $50,000
Terms from 84 to 144 months
Low, fixed rate
Minimal fees

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Rates

Term	Fixed APR¹
84 months	as low as View rates
120 months	as low as View rates
144 months	as low as View rates

¹APR=Annual Percentage Rate. Rates quoted are the best possible rate for each tier based on credit score and other factors. Other rates and terms are available. The actual rate you qualify for will be based on credit history and other factors. Rates are subject to change without notice. Estimated costs related to the process: Drive-by Appraisal ($225.00), Title Fees ($230.00-$450.00), Origination Fee ($60.00).

Property must be non-owner occupied
Payments can be made in branch, by phone, by mail, via online banking or direct deposit
Rate based on FICO/credit score
15-day grace period on payments
15-day grace period on payments
The terms of repayment, which reflect the repayment obligations over the full term of the loan, including any balloon payment (i.e. $25,000 borrowed would be 84 monthly payments of $353.35)
The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater

Late payment charge: 5% of payment amount
No application fee
No pre-payment penalty