National Iron Bank: Since 1847
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Lending Solutions
 

Home Equity Loans
  
Where do I turn?
 
Marco Polo traveled to China in search of riches.  Find your riches in your home with National Iron Bank's fixed rate Home Equity Loan.  The search is over--click in to a low, fixed rate and set your payment today or look at our Home Equity Line of Credit.
 
Home Equity Fixed Loans - Disclosures and Rates for Connecticut and Massachusetts

Rates as of Friday, February 3, 2012
Points Origination Fee Interest Rate Annual Percentage Rate Fully Indexed Rate Payment per $1,000 Payments Apply
Home Equity Loan - term 5 years - CT & MA
0.000 $0.00 4.000% 4.156% N/A $18.42 Show Payments and Rates
Home Equity Loan - term 10 years - CT & MA
0.000 $0.00 4.250% 4.337% N/A $10.24 Show Payments and Rates
Home Equity Loan - term 15 years - CT & MA
0.000 $0.00 4.750% 4.813% N/A $7.78 Show Payments and Rates

* Initial one time draw. Amortized monthly automatic payment deductions from an Iron Country Checking Accounts is required. Loan must be at least $25,000 new money. Loans are subject to a $150 closing fee. On loans Property insurance required. Rates vary by overall credit worthiness and loan to value ratio of each applicant. Rates subject to change without notice. All New York state loans involving a lien on real estate will price at 1/4% above the posted rates. The Bank’s credit criteria apply.

 
Home Equity Fixed Loans - Disclosures and Rates for New York

Rates as of Friday, February 3, 2012
Points Origination Fee Interest Rate Annual Percentage Rate Fully Indexed Rate Payment per $1,000 Payments Apply
Home Equity Loan - NY - Term 5 years
0.000 0.000% 4.250% 4.415% N/A $9.27 Show Payments and Rates  
Home Equity Loan - NY - term 10 years
0.000 0.000% 4.500% 4.589% N/A $10.36 Show Payments and Rates
Home Equity Loan - NY - term 15 years
0.000 0.000% 5.000% 5.065% N/A $7.91 Show Payments and Rates

* Initial one time draw. Amortized monthly automatic payment deductions from an Iron Country Checking Accounts is required. Loan must be at least $25,000 new money. Loans are subject to a $150 closing fee. On loans Property insurance required. Rates vary by overall credit worthiness and loan to value ratio of each applicant. Rates subject to change without notice. All New York state loans involving a lien on real estate will price at 1/4% above the posted rates. The Bank’s credit criteria apply.

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