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Home on

the

Range

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Equity Line of

Credit

2.75. % *

Call To Speak To A Loan Officer Today !
( 201 ) 862 - 8626 Ext . 1124
* Start Rate of 2.75 % based on NY Prime rate as published in the Wall Street Journal minus 1.50 % for the life of the loan . Floor is 2.75 %. Product has a 15-year period of draw and repayment , followed by 15-year repayment only period . Maximum line amount of $ 500,000 . Line amounts over $ 300,000 may require title insurance at borrower ’ s expense . Product available on 1-4 family owner-occupied dwellings in many NJ counties . Appraisal required showing a Maximum loan to value ( LTV ) of 75 % for lines up to $ 300,000 ; 70 % for lines up to $ 500,000 . Rate valid as of October 23 , 2020 . Adequate property insurance is required . Flood insurance is required where applicable . Other loan products , rates and terms are available . Subject to change without prior notice . Subject to all bank underwriting conditions . The bank is not responsible for any errors or misrepresentations .
www . BogotaSavingsBank . com 60 East Main Street , Bogota 819 Teaneck Road , Teaneck Open 7 Days A Week