Equity Edge Line of Credit
*Annual Percentage Rate of Prime Rate, as quoted in the western edition of the Wall Street Journal, minus .25% is available for owner-occupied properties with automatic payments from a Mechanics Bank checking account. Without automatic payment from a Mechanics Bank Checking account, the APR will be based on the current Prime Rate without the discount of .25%. This is a variable rate loan, but will not exceed 18% APR. The annual fee of $75.00 is waived the first year. Property insurance required.
EQUAL HOUSING LENDER
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