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Slavie Federal Home Loan Rates
Rates stated below are effective as of
. APR means Annual Percentage Rate. Please note: At this time, we are only originating loans for Maryland customers. All rates listed are subject to change without notice.
If you have any questions about any personal lending programs at Slavie, please call our Loan Officer Michael Thomas at 443-265-5561, or send us an e-mail at lending@slavie.com. |
Amounts from $10,000 to $300,000.
The following rates are for loans
up to 80% of appraised value, less any
first or second mortgage balance.
|
|
Term
|
Points
|
Interest Rate
|
APR
|
|
5 years
|
0
|
6.000%
|
6.209%
|
|
7 years
|
0
|
6.250%
|
6.403%
|
|
10 years
|
0
|
6.375% |
6.487%
|
|
15 years
|
0
|
6.750%
|
6.830%
|
|
30 years
|
0
|
7.500%
|
7.551%
|
|
Slavie Federal also offers Home Equity Loans from 80.01% to 89.9% of appraised value, less any first or second mortgage balance, in which case the interest rates are .50% higher than those listed above. The rates listed in the table above are contingent upon a credit score of 700 or higher. Credit scores below 700 will be considered, but they are subject to pricing. For more information, please ask to see our Fixed Rate Home Equity Loan policy or contact Senior Loan Officer Michael Thomas at 443-265-5561, or send an e-mail to lending@slavie.com. |
Home Equity Line of Credit Rate |
Our Home Equity Line of Credit is now available with an APR of Prime minus .25% for the life of the loan for loan-to-value up to 80%, PLUS reimbursement of settlement costs after the first year. You may borrow up to 89.9% of appraised value less any first or second mortgage balance with an APR of Prime plus .25% for the life of the loan . Certain conditions apply; see bank for details. |
|
Term
|
Amount
|
Interest Rate
|
APR
|
|
1 to 3 years
|
$1,000 to $4,999
|
10.750%
|
10.750%
|
|
1 to 5 years
|
$5,000 to $12,000
|
10.500%
|
10.500%
|
|
|
Access Our Financial Calculators |
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