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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 LOANS |
TERM |
APR |
LOAN-TO-VALUE (LTV) |
UP TO 3 YEARS |
3.49% |
85% |
UP TO 5 YEARS |
3.49% |
85% |
UP TO 7 YEARS |
4.49% |
85% |
UP TO 10 YEARS |
4.99% |
85% |
UP TO 15 YEARS |
6.24% |
85% |
UP TO 20 YEARS |
6.74% |
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.
Borrowers seeking higher than 85% LTV or first-lien home equity
should
contact a local branch for details, as rates and/or costs
may be
different than those listed.
*Closing costs waived with the exception of appraisal fee if an
appraisal is required. Fees are generally in a range of $110 - $500.
Interest rates effective 01/27/2012. |
HOME EQUITY LINE OF CREDIT |
TERM |
APR |
LOAN-TO-VALUE (LTV) |
10 YEARS |
2.69%* |
85% |
Minimum Line Amount: $10,000.00 - No Fees!** |
*Introductory annual percentage rate (APR) is 1.30% under the rate floor of 3.99% until December 31, 2012, after which
will revert to a variable rate at WSJ Prime minus .50% with a rate floor of 3.99%. Introductory rate includes discounts
for automatic debit from a Centric Bank account. Maximum APR is 18%. Ten years interest only line of
credit followed by a ten year amortization.
**Closing costs waived with the exception of appraisal fee if an
appraisal
is required. Fees are generally in a range of $110 - $500. Maximum
LTV 85%. Minimum line amount is
$10,000. Existing Centric Bank HELOC account requires $10,000 increase in existing line to qualify for refinancing.
Property insurance required. All accounts are subject to approval. Consult
your tax advisor regarding the tax
deductibility of interest and charges.
Offer subject to change at any time.
Borrowers seeking higher than 85% LTV or first-lien home equity should
contact a local branch for details, as rates and/or costs may be
different than those listed.
Interest rates effective 01/27/2012.
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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 to make your home-buying experience simple. We have programs available for first-time home buyers as well as no-money-down programs.
CALL FOR DETAILS! |
Mortgage interest rates and costs vary based on each customer's
specific situation and needs. For further details, please contact
our mortgage
specialist, Gale Gallo, at (717) 909-8302.
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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 |
4.50% WITH 20% DOWN |
1-POINT FEE STANDARD |
4.75% WITH 10% DOWN |
$695 ADMINISTRATIVE FEE |
Interest-only Payments During Construction! |
Permanent take-out financing available. $695 required administrative 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 effective 01/27/2012.
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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 |
APR |
UP TO 3 YEARS |
11.24% |
APR = Annual Percentage Rate.
Requires an automatic payment
from a Centric Bank account.
Interest rates are 0.50% higher
without automatic payment. Interest rates effective 01/27/2012. |
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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