CFE -

Home Equity Loans

A fixed rate fully amortized second mortgage perfect for additions or renovations on your home.

Terms up to 15 years

Minimum loan amount $7,500; maximum loan amount $400,000

Financing available up to 80% of your home’s appraised value minus your first mortgage balance.

Rate based on loan-to-value ratio and term financed

No prepayment penalties

Fixed Rate Second Mortgage example:

Loan Amount	Sample Interest Rate	APR¹	Term	Monthly Payment (Principal and Interest)	Total Finance Charges

$50,000	5.250%	5.283%	15 Years	$402.18	$22,344.20

¹Annual Percentage Rate.