Visa Home Equity Loan Promotion
Give Yourself a Little Credit... You've Earned it!
Westmark is once again pleased to offer our low, low introductory rate of 2.99% APR on new Home Equity Lines of credit. This amazingly low rate is good through September 30, 2017.
A VISA Home Equity Card that offers several advantages:
- No Annual Fee
- No Draw Fees
- No Origination Fees on Credit Lines under $50,000
2.99% APR* – Fixed until September 30, 2017**
After September 30, 2017 rate will revert to our published variable Home Equity Line rate.
If you want to apply and take advantage of this great opportunity, please visit a loan officer at any of our branches. They will be happy to assist you, or for your convenience you may Apply Online. If you have any questions, we would be happy to assist you via e-mail in our e-Lending department.
Act soon, as this is a limited time offer and only eligible for applications received by March 10, 2017!
*Introductory rate available only for NEW home equity lines. Not available for the refinance of an existing Westmark home equity line, first mortgage loan, or second mortgage loan unless the existing loan/line is at least 36 months old and applicant qualifies for and opens a new credit line with at least a $15,000 increase in the balance and commitment amount.
**2.99% Fixed Annual Percentage Rate (APR) applies to all balances until September 30, 2017. After the introductory period, the APR is variable and based on the Prime Rate (Index) plus a margin. As of January 10, 2017, the variable rate is 5.50% APR but may be more or less at the conclusion of your introductory rate period. Minimum variable rate after introductory period is 4.00% APR with a maximum variable rate of 14.00% APR. All closing costs on credit lines of $50,000 or less will be paid by Westmark, subject to reimbursement if you pay off your loan early (within 36 months of account opening). Applicant must pay closing costs on loan requests exceeding $50,000. All loans O.A.C. and subject to borrower and property qualifications.