Long Island’s #1 credit union
is now lending in Queens.
Everyone can bank at Bethpage.∞
HOME EQUITY LINE OF CREDIT† ADJUSTABLE AND FIXED RATE
Fixed for HOME MORTGAGE LOANS***
one year.
2.99%
∞$5.00 minimum share account required. *APR = Annual Percentage Rate. For one year, Prime for life, thereafter. †Home Equity rates and terms accurate as of 07/31/2017and are subject to change without notice.
All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. Loan-to-value restrictions apply. Hazard insurance is required on all loans secured by real property;
flood insurance may also be required. No closing costs on new HELOCs up to $500,000. Above estimated savings in closing costs are based on a $500,000 loan and actual savings may vary. Closing costs paid by
Bethpage must be repaid by the borrower(s) if line is closed within first 36 months. HELOC is a variable rate product with a maximum APR of 18%. The introductory rate is 2.99% APR for 12 months for loans with a
maximum 75% Loan-to-Value (LTV), and members who take an initial draw of $25,000, maintain this balance for 12 months, and have automatic transfers from any Bethpage account for the monthly payment on the
account. Published rates and terms based on primary homes. New HELOCs only. Borrower(s) who do not take the initial draw of $25,000 at closing will not be eligible for the introductory rate. The introductory rate only
applies to loans that have not had an introductory rate within the past five years. If the borrower does not qualify for the introductory rate, an advance of $25,000 is required in order to avoid a rate adjustment to the
non-introductory rate. Consult your tax advisor regarding deductibility of mortgage interest. **Prime rate as of 07/31/2017 = 4.25% as published in the Wall Street Journal. The floor rate is 3.25%. Loan amounts over
FEDERALLY
INSURED
BY NCUA
$500,000 may be available on a case-by-case basis to qualified applicants and are not eligible for the discounted introductory rate at any time and the borrower(s) will be responsible for all closing
costs related to loan value over $500,000. Home Equities not offered in TX. Membership requires a $5 minimum share account. ∞Loan amounts over $500,000 may be available on a case-by-case
basis to qualified applicants and are not eligible for the discounted introductory rate at any time and the borrower(s) will be responsible for all closing costs related to loan value over $500,000.
Home Equities not offered in TX. ***Primary residence and second homes only. Rates and terms subject to change without notice. Other rates and terms available. All offers of credit are subject to
credit approval; applicants may be offered credit at higher rates and other terms. Principal and interest payments only. Taxes, insurance and other costs will result in a higher monthly payment. For
loans greater than 80% loan-to-value, private mortgage insurance is required. Maximum loan-to-value ratio 95%, cash out refi 80%. 5% minimum down payment required on purchase transactions.
4 BEST OF THE BORO 2018 • VOTERS GUIDE • BESTOF.QNS.COM
Visit lovebethpage.com or call
443-517-5160 for today’s rates.
APR*
Prime for life, thereafter.
Currently:
4.25%
APR**
• No closing costs – save up to $7,500
• No application fee
• Lines up to $500,000
• Low initial draw
• Convenient online application
• Close from anywhere
• Great rates
• Flexible terms
• FREE rate lock
• FREE pre-approvals
• For purchase or refinance
TANY 31662 Best of Boro HELOC v1.4_NEW VERSION.indd 1 8/1/17 10:34 AM