Consumer Loan Rates

Home Equity Lines of Credit
Home Equity Loans
Consumer Loans

Home Equity Lines of Credit

For approved line amounts of $25,000 or more, your APR will be equal to the Index (Prime Rate). The maximum APR is 18%. The minimum APR is 6.00%. The draw period is five years with a repayment period of ten years. Payments of interest only are required during the draw period.

*APR includes a 1/4% discount with automatic payment deduction from a checking or money market account. 

** There are no closing costs or annual fees with InsurBanc's Home Equity Line of Credit, unless there are certain costs related specifically to the jurisdiction in which you reside. However, if you close your account within the first two years after the date of your closing, you may pay a prepayment penalty fee of 1% of the approved line amount.

Home Equity Loans

* APR includes a 1/4% discount with automatic payment deduction from a checking or money market account.

** There are no closing costs with InsurBanc's Home Equity Loan, unless there are certain costs related specifically to the jurisdiction in which you reside.

For InsurBanc Home Equity Lines of Credit and Home Equity Loans, approval and interest rate availability based on credit worthiness. The rates referenced above are available for the most credit worthy applicants. Rates are subject to change without notice.

Available only for 1-4 family owner-occupied properties and approved condominiums and are not available on cooperatives. Home Equity Lines of Credit and Home Equity Loans are for a minimum of $25,000 and a maximum line of $250,000. You can borrow up to 75% of the equity in your home (65% for 2-4 family homes and 50% for condominiums) less your current mortgage. For requests of $250,001-$500,000, you can borrow up to 70% of the equity in your home (50% for 2-4 family homes and condominiums) less your current mortgage. Requests that are over the allowable limit may be approved at the bank's discretion but will require the purchase of mortgage insurance. Property insurance is required and flood insurance may be required. Home Equity Lines of Credit and Home Equity Loans are subject to additional terms and conditions.

Apply for a Home Equity Loan Product today!
Click here to download an application or contact us.

To help us process your Home Equity Line of Credit or Home Equity Loan application promptly, include your two most recent pay-stubs, and the last two years' W-2s [If self-employed, submit full copies of your last two tax returns (both Personal and Business, please)]; a copy of your most recent Real Estate Tax Bill; your homeowners insurance statement [or Declarations page]; and, statements for debts to be paid with loan.

Consumer Loans

We can help finance new and used auto* loans. Contact us today.

* Older Model and high mileage on case-by-case basis.

Rates subject to change without notification. Loan approval and interest rates availability based on credit approval and bureau score. Not everyone may be eligible for quoted rates. Click Here To Download Application.

To help us process your application promptly, include your two most recent pay-stubs, and the last two years' W-2s [If self-employed, submit full copies of your last two years tax returns (both Personal and Business)].

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