PRIME EQUITY LINE OF CREDIT
ALTERNATE PAYMENT OPTIONS
Predictability can be a nice thing—especially if you’ve used a Prime Equity Line of Credit to purchase a car or when interest rates are rising.
Get Control Over your Rate and Payment with these Options
With an outstanding balance of $5,000 or more, you can convert all or a portion of the balance to an amortized, fixed rate payment. Or, you may choose to fix your rate for a period of 3 or 5 years and either pay interest only payments, or 1.5% of the principal balance.
- No application required
- No fees
- One monthly statement
As you pay down the fixed-rate balance, your revolving line of credit is replenished for future use (at the current variable rate.) The Alternate Payment Options are available in AK, AL, AZ, CA, CO, CT, DC, DE, FL, GA, IL, KS, MD, MS, NH, NC, NJ, NV, NY, OK, PA, SC, TN, TX, VT, VA, WI.
Find Out More
To learn more about locking in a part or all of your Prime Equity Line of Credit, call us at (800) 249-3869, 8:00am to 9:30pm ET, Monday through Friday.
To learn more about our Alternate Payment Options for your Prime Equity Line of Credit call us at (800) 249-3869, 8:00am to 9:30pm ET, Monday through Friday.
Home Equity Comparison Chart
How to Use the Equity in Your Home
Understanding the Application Process
Email This Page
Printer Friendly Version
