Savers Bank Offers 2 Home Equity Products

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Home Equity Line of Credit

Home Equity Lines of Credit are revolving lines of credit secured by a mortgage on your home and easily accessed just by writing a check. Loan amounts are capped at 80%*** of the available equity in your home, minus the outstanding principal balance of the 1st mortgage. The Annual Percentage Rate (APR) on a Savers Bank Equity Line of Credit is variable and adjusts monthly on the first of each month at the Prime Rate published in the Wall Street Journal on the last business day of the previous month, plus or minus the margin. Payments are interest only during the 10 year draw period and then fixed principal plus accrued interest during the 10 year repayment period.

There are no points, no closing costs and no appraisal fees unless you request to have a full residential appraisal report prepared at your expense. Offer available for owner-occupied residences only. Homeowners insurance on the property securing the line is required.

Prime For Life

Loan Amount	Term	Rate	APR	Max LTV	Minimum Draw at Closing
Min $10,000 Max $500,000	20 Years 10 yr Draw 10 yr Repayment	4.00%** Prime plus 0.00%	4.00%	80%***	$0

You may Pay-Down Principal Balance to $0 (zero) at any time without penalty. If the borrower pays off and closes the line during the first three (3) years the borrower will pay a $500 Early Termination Fee.

** The interest rate is variable and subject to adjustment monthly equal to the prevailing Prime Rate, as published on the last business day of the month in The Wall Street Journal plus 0.0%, with a minimum rate of 4.00%, maximum APR that may be charged is 18.00%.

***Full Residential Appraisal Report required on any loan request with CLTV greater than 70% of current assessed value (Cost of Appraisal Paid By Borrower)

Home Equity Loan

Home Equity Loans are fixed rate loans secured by a mortgage on your home. The minimum loan amount is $10,000.00 and is capped at 80%*** of the available equity in your home, minus the outstanding principal balance of the 1st mortgage.

Type	Rate	APR	Max. Term	Monthly Payment per $1,000
Fixed	4.990%	4.990%	5 yrs.	$18.87
Fixed	5.875%	5.875%	10 yrs.	$11.04
Fixed	6.250%	6.250%	15 yrs.	$8.57
Fixed	6.750%	6.750%	20 yrs.	$7.60

You may make a full prepayment or partial prepayment without paying a penalty.

There are no points, no closing costs other than the appropriate Registry recording fee and no appraisal fees unless you request to have a full residential appraisal report prepared at your expense***. Offer available for owner-occupied residences only. Homeowners insurance on the property securing the loan is required.

***Full Residential Appraisal Report required on any loan request with CLTV greater than 70% of current assessed value (Cost of Appraisal Paid By Borrower)

PLEASE NOTE:

The Current Prime Rate is 3.25%

Interest rates and programs are subject to change at any time; please call your local representative for updated interest rates and program information.