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Home Equity Loans & Lines of Credit
If you own your home, and are looking for a loan to remodel your house, take your family on vacation, or nearly any other purpose, our Home Equity Term Loan or Home Equity Line of Credit is right for you! Please contact your local branch for more information.
HOME EQUITY TERM LOAN |
TERM |
APR |
LOAN-TO-VALUE (LTV) |
UP TO 3 YEARS |
4.99% |
85% |
UP TO 5 YEARS |
5.75% |
85% |
UP TO 10 YEARS |
6.24% |
85% |
UP TO 15 YEARS |
6.79% |
85% |
UP TO 20 YEARS |
6.99% |
85% |
Minimum Loan Amount: $10,000.00 - No Fees!* |
APR = Annual Percentage Rate.
Requires an automatic
payment
from a Centric Bank checking or savings account.
Interest rates are 0.50% higher without automatic payment.
95% LTV available at 0.25% above listed interest rates; special underwriting applies. Interest rates current as of 07/02/2010.
*Fees may apply to Home Equity Loans above $250,000.
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HOME EQUITY LINE OF CREDIT
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INTEREST RATE |
APR |
LOAN-TO-VALUE (LTV) |
WSJ
PRIME - 0.50%* |
2.75% |
85% |
Minimum Line Amount: $10,000.00 - No Fees!** |
APR = Annual Percentage Rate.
10 year interest-only
followed
by 10-year amortization.
*Adjustable rate at WSJ Prime minus 0.50%;
starting January 1, 2011, a floor of 4.00% will go into effect.
90% LTV available at WSJ Prime - 0.25%; 95% LTV available at WSJ Prime + 0.50%.
Special underwriting applies for LTV above 85%.
**Fees may apply to Home Equity Loans above $250,000.
Interest rates current as of 07/02/2010.
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Residential Mortgages
Are you in the market for a new home, or do you want to refinance your existing mortgage to a lower interest rate? Centric Bank offers residential mortgages at very competitive rates with no application fees to make your home-buying experience simple. We have programs available for first-time home buyers as well as no-money-down programs.
TERM |
POINTS |
INTEREST RATE |
15 YEARS |
0 POINTS |
Please call for
today's fixed
interest rates!
|
15 YEARS |
1 POINT |
20 YEARS |
0 POINTS |
20 YEARS |
1 POINT |
30 YEARS |
0 POINTS |
30 YEARS |
1 POINT |
Our mortgage interest rates change daily. Please contact your local branch for today's interest rates.
Interest rates are subject to change without notice and are determined
by market conditions and/or customer qualifications. Offers subject to change without notice. |
Consumer Construction Loans
If you are working to build a dream home for your family, Centric Bank can help.
Please contact your local branch for more details regarding your specific needs.
TERM |
INTEREST RATE |
FEES |
6-12 MONTHS |
5.75% FIXED RATE |
1-POINT FEE STANDARD |
$575 APPLICATION FEE
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Interest-only Payments During Construction! |
Permanent take-out financing available. $575 required mortgage application fee.
Offer is subject to individual approval and may change
at any time.
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Vehicle Loans
Whether you are buying a car or motorcycle, we can help finance your new or used vehicle.
Please contact your local branch for more details regarding your specific needs.
VEHICLE |
VALUE / AGE |
TERM |
APR |
NEW |
UNDER $30,000 |
UP TO 5 YEARS |
6.29% |
NEW |
ABOVE $30,000 |
6 YEARS |
6.59% |
USED |
UP TO 2 YEARS OLD |
UP TO 5 YEARS |
6.99% |
USED |
3 YEARS OLD |
UP TO 4 YEARS |
7.99% |
USED |
4 TO 5 YEARS OLD |
UP TO 3 YEARS |
9.24% |
APR = Annual Percentage Rate.
Requires an automatic payment
from a Centric Bank account.
Interest rates are 0.50% higher
without automatic payment. Interest rates current as of 07/02/2010.
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Personal Loans
Our unsecured personal loans have a fixed interest rate with a limited term.
Please contact your local branch for more details regarding your specific needs.
TERM |
APY |
UP TO 3 YEARS |
11.99% |
APR = Annual Percentage Rate.
Requires an automatic payment
from a Centric Bank account.
Interest rates are 0.50% higher
without automatic payment. Interest rates current as of 07/02/2010. |
All interest rates are accurate as of listed dates.
Changes may occur at any time and without warning.
Interest rates are updated as soon as possible when changes occur.
Fees could reduce earning on depository accounts where applicable.
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