APRIL 2020 • LONGISLANDPRESS.COM 43
Quick, easy, and
no closing costs.1
Flexible funds for life’s major decisions.
HOME EQUITY LINE OF CREDIT
Fixed for 12 months. Prime for life, thereafter. Currently:
Everyone can bank at Bethpage.∞
or visit lovebethpage.com/heloc.
1 Closing costs for the first $500,000 will be paid by Bethpage, but must be repaid by the borrower(s) if line is closed within first 36 months. Loan amounts over $500,000 may be available on a case-by-case basis
to qualified applicants, are not eligible for the discounted introductory rate at any time, and the borrower(s) will be responsible for mortgage tax and title insurance costs on the loan value portion over $500,000.
*APR = Annual Percentage Rate. For one year, Prime for life, thereafter. Home Equity rates and terms accurate as of 3/18/2020 and are subject to change without notice. All offers of credit are subject to credit approval;
applicants may be offered credit at higher rates and other terms. Loan-to-value restrictions apply. Hazard insurance is required on all loans secured by real property; flood insurance may also be required. No closing
costs on new HELOCs up to $500,000. Closing costs for the first $500,000 will be paid by Bethpage, but must be repaid by the borrower(s) if line is closed within first 36 months. The introductory rate is 1.99% APR for
12 months for loans with a maximum 75% Loan-to-Value (LTV), and members who take an initial draw of $25,000, maintain this balance for 12 months, and have automatic transfers from a Bethpage personal savings
or checking account for the monthly payments on the HELOC account. The introductory rate only applies to loans that have not had an introductory rate within the past five years. Published rates
and terms based on primary homes. The floor APR is 3.25%. HELOC is a variable rate product with a rate not to exceed maximum legal limit for Federal Credit Unions (currently 18%). Consult a tax
professional regarding the potential tax deductibility of your interest payments and charges. Home Equities not offered in TX. $5.00 minimum share account required. Membership conditions apply.
**Prime rate as of 3/18/2020 = 3.25% as published in the Wall Street Journal. The floor APR is 3.25%. ∞Membership requires a $5 minimum share account.