APRIL 2021 • LONGISLANDPRESS.COM 69
Home is your
safe place.
Let us help make it your happy place, too.
HOME EQUITY LINE OF CREDIT
2.99%
APR 1
Fixed for
12 months.
3.25%
APR2
Prime for life,
thereafter.
Call 855-244-0090, or visit
lovebethpage.com/heloc.
1 APR = Annual Percentage Rate. The introductory APR is fixed for one year (twelve months). After one year, the APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin. To obtain
an introductory rate, borrower must meet credit and loan program requirements, including (but not limited to): 1) maximum Combined Loan-to-Value (CLTV) of 75%, 2) borrower must take an initial draw of $25,000 and
maintain this balance for 12 months, 3) borrower must have automatic transfers from a Bethpage personal savings or checking account for the monthly Home Equity Line of Credit (HELOC) payments, and 4) borrower
must not have had a previous introductory rate for a Bethpage HELOC within the past five years. The introductory rate applies to the variable line in use only.
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%. HELOCs are variable rate products and rates may not
exceed the maximum legal limit for Federal credit unions (currently 18%). The Prime Rate as of 03/22/2021 = 3.25%.
Rates and terms are subject to change without notice. All offers of credit are subject to credit approval requirements, and applicants may be offered credit at higher rates and other terms. Loanto
Value (LTV) and/or Combined LTV (CLTV) restrictions apply. Hazard insurance is required on all loans secured by real property (flood insurance may also be required where applicable). Rates
shown are based on a borrower’s primary residence, maximum CLTV of 80% (or 75% for the intro rate), a minimum initial draw of $25,000 taken at HELOC account opening, and automatic
transfers from a Bethpage personal savings or checking account. Consult a tax professional regarding the potential deductibility of interest. Bethpage does not currently offer HELOCs in Texas.
Membership at Bethpage is required by opening a minimum $5 share savings account at or prior to HELOC account opening.
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