Extol June-July 2019 | Page 12

That moment when... you make a splash with your new backyard pool. Adding a backyard pool in addition to tearing down walls, replacing cabinets and flooring or changing light fixtures? German American’s Smartest Home Equity Line of Credit can transform the expense of the project into affordable monthly payments. Securing a line of credit to use when you need it, for whatever you need, is a smart choice as it gives you the freedom of drawing on the line of credit as you wish without getting additional approval. Your local German American lenders will help you understand how much you might be able to borrow based on the equity in your home. NO ANNUAL FEE. Pay no interest for 90 days! Apply online today at germanamerican.com 5 .50 % Variable Thereafter* Floyds Knobs • Jeffersonville • New Albany • Sellersburg I (800)482-1314 *No annual fee. Annual percentage rate is accurate as of 5/13/19 and applies to new Home Equity accounts. The annual percentage rate in effect is 5.50% with loan-to-value of 80% or less and a credit score of 720 or above. If your credit score is lower than 720 and/or your loan-to-value is higher, your interest rate may be higher. Rate is variable and subject to change. APR will not exceed 21% or the maximum rate allowed by applicable law. Subject to credit and underwriting approval. Property Insurance is required. If your line closes within 12 months from the opening date, you will have to pay a $250.00 early termination fee.