At This Rate, Imagine
Kick off your big plans with our
Home Equity Line of Credit and
a special fixed rate for the first year.
1.99% APR1 for the first year if you draw
10% or more of the loan at closing
3.25% APR2 Prime for life, thereafter
Or, 2.24% APR1 for the first year if you draw
less than 10% of the loan at closing
3.50% APR2 Prime plus 0.25% for life, thereafter on
loans with a CLTV greater than 65%
Perfect for debt consolidation, big purchases,
dream vacations and more! Apply online
or schedule a time to apply at your local branch.
www.ridgewoodbank.com | (866) 772-4111
1 1.99% APR (annual percentage rate) for the first year if you draw 10% or more of
the loan at closing, or 2.24% APR for the first year if you draw less than 10% of the
loan at closing, followed by a variable APR as low as Prime Rate. The introductory
APR is fixed for one year (twelve months). After the first year, the APR is determined
by Combined Loan to Value (CLTV) ratio. If CLTV is 65% or less, the rate is prime for
a primary or vacation home, prime plus 0.25% for an investment property. If CLTV
is greater than 65%, the rate is prime plus 0.25%. All rates can change monthly. The
maximum APR is 10.99%.
2 The Prime APR is variable based on the U.S. Prime Rate as published in the Wall
Street Journal, plus a margin (if applicable). The minimum floor APR is 3.25%. If
CLTV is 65% or less, the rate is prime for a primary or vacation home, prime plus
0.25% for an investment property. If CLTV is greater than 65%, the rate is prime
plus 0.25%. HELOCs are variable rate products and rates may not exceed the
maximum APR of 10.99%. The Prime Rate as of 6/01/2021 = 3.25%. Loan products
and services subject to credit approval. All loans secured by a mortgage/lien
on the property. Rates and terms are subject to change without notice. Rates
are effective as of 6/01/2021.
COURIER LIFE, AUG. 27-SEPT. 2, 2021 33
© 2021 Ridgewood Savings Bank
All rights reserved
Sept 6 Monday eve 6PM
SEpt 7 Tuesday 930 AM and 6:30 PM
Sept. 8 Wednesday 930 AM and 630 PM
Sept. 15 Wednesday eve 6 PM
Sept 16 Thursday 9AM Yizkor 12 noon
CALL Rabbi Sorscher 718-646-9368
People with Medicare,
Mark Your Calendars!
Open enrollment is October 15th to December 7th, 2021.
During this period, you can sign up for
or switch your Medicare Prescription Drug Plan
and/or Medicare Advantage Plan.
All changes are effective January 1, 2022.
For more information, call Aging Connect
and ask for “HIICAP” or “SHIP”
This project was supported by a grant from the U.S. Administration for Community Living.