Home Equity Line of Credit Loan
5 YEAR FIXED RATE
200,000 competitors and spectators for
its equestrian shows annually.
Carol Anderson Ward, daughter of
Fred and now CEO of the Murieta Equestrian
Center, is a longtime resident of the
area and has played an integral role in
the community’s development. Anderson
Ward, who describes herself as a “ranch
kid,” grew up entrenched in the local lore;
the ranch her family lived on was established
in the mid-1800s as a dairy farm
and cheese factory.
Rancho Murieta now spans 3,500
acres and is home to approximately
5,000 residents. There are two gated
housing facilities — Rancho Murieta
North and Rancho Murieta South —
with the Rancho Murieta Country Club
between them. But what truly makes
Rancho Murieta a special place to live,
Anderson Ward says, “is the people. This
place is so serene and secure.”
In January 2018, Anderson Ward
opened the 83-room Murieta Inn & Spa,
giving visitors from the equestrian center,
or those visiting the nearby wineries in
Amador and El Dorado counties, a place
to stay. She also played a key role in the
development and opening of the Bel Air
market and shopping center in May.
“We need these amenities in order
to have a true community and to support
our economy’s growing infrastructure,”
she says.
Anderson Ward’s next project is
an 800-home development in Murieta
North. “This new development will provide
more housing, but will also preserve
our great open space,” she says.
Christina Kiefer is a communications consultant
and freelance writer in Sacramento who
specializes in public relations, copywriting,
content marketing and strategy. She is online
at www.christinakiefer.com.
4.25 % Initial APR*
CHECK THE EL DORADO ADVANTAGE:
✓ FIXED RATE for 5 Years
✓ Local Processing & Servicing
✓ No Closing Costs on Qualifying Transactions
✓ Flexibility and Convenience
✓ Have Funds Available for Current and Future Needs
✓ Home Improvement, Debt Consolidation, College Tuition
✓ Interest May be Tax Deductible (Please consult your tax advisor)
Serving our local communities since 1958
EL DORADO HILLS • 3963 Park Drive • 916-933-3002 PLACERVILLE • 4040 El Dorado Road • 530-622-1492
W. PLACERVILLE • Placerville Drive & Ray Lawyer • 530-626-3400 PLACERVILLE • (Downtown) 247 Main • 530-622-0833
FOLSOM • 300 E. Bidwell Street • 916-983-3600 CAMERON PARK • 4060 Cameron Park Drive • 530-677-1601
DIAMOND SPRINGS • 694 Pleasant Valley Road • 530-626-5701
www.eldoradosavingsbank.com Se Habla Español • 800-874-9779
*The initial Annual Percentage Rate (APR) is currently 4.25% for a new Home Equity Line of Credit (HELOC), and is
fixed for the first 5 years of the loan which is called the draw period. After the initial 5 year period, the APR can change
once based on the value of an Index and Margin. The Index is the weekly average yield on U.S. Treasury Securities
adjusted to a constant maturity of 10 years and the margin is 3.50%. The current APR for the repayment period is 4.25%.
The maximum APR that can apply any time during your HELOC is 10%. A qualifying transaction consists of the following
conditions: (1) the initial APR assumes a maximum HELOC of $100,000, and a total maximum Loan-to-Value (LTV) of
70% including the new HELOC and any existing 1st Deed of Trust loan on your residence; (2) your residence securing
the HELOC must be a single-family home that you occupy as your primary residence; (3) if the 1st Deed of Trust loan
is with a lender other than El Dorado Savings Bank, that loan may not exceed $200,000 and may not be a revolving
line of credit. Additional property restrictions and requirements apply. All loans are subject to a current appraisal.
Property insurance is required and flood insurance may be required. Rates, APR, terms and conditions are subject to
change without notice. Other conditions apply. A $525 early closure fee will be assessed if the line of credit is closed
within three years from the date of opening. An annual fee of $75 will be assessed on the first anniversary of the HELOC
and annually thereafter during the draw period. Ask for a copy of our “Fixed Rate Home Equity Line of Credit Disclosure
Notice” for additional important information. Other HELOC loans are available under different terms.
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