Dream Big with a Home Equity Line of Credit*
2.99% APR introductory rate for 6 months
As low as 3.30% APR after 6 months variable rate based on WSJ Prime
- Make home improvements
- Consolidate debt
- Pay for college and other recurring expenses
- Potential tax benefits
* The introductory rate of 2.99% APR (annual percentage rate) is fixed for 6 months. At the end of 6 months, the interest rate and APR is variable based on Wall Street Journal (WSJ) Prime Rate plus a margin up to 1%. WSJ Prime is a variable rate; as it changes the APR on your account will also change. WSJ Prime as of 03.01.15 is 3.25%. APR based on 3.25% interest rate is 3.295%. APR maximum is 18.00%. Closing cost may range from $300 to $1,500. Bank pays closing costs for new HELOCs up to $250,000, subject to initial draw of $10,000 and maintaining outstanding balance of not less than $10,000 for first 180 days. Primary or secondary personal residences only. Monthly automatic payment debit to a Progress account is required. Offer is subject to credit approval. Consult a tax advisor regarding deductibility of interest. Offer expires 09.30.15.