Home Equity Line of Credit
- 4.99% APR* 12-month fixed introductory rate**
- Variable rate after introductory set to Prime, currently 5.00% APR
- No annual fee
- Up to $350 off closing costs
With a low interest rate and the flexibility of borrowing only as much as you need, a Home Equity Line of Credit allows you to be in control of your financial plan. Apply today at your local branch or call 800-860-8821.
* APR (Annual Percentage Rate). Limited time promotional offer available only on new lines of credit of $25,000 or more. A Camden National Bank Checking account is required.
** After the initial 12 months of the fixed interest rate of 4.99% APR (Annual Percentage Rate), the non-discounted variable interest rate will equal the highest domestic "prime rate" published in the Wall Street Journal. Loan-to-value ratio not to exceed 80%. Pre- payment penalty of $500 if closed within 3 years. Eligible properties include primary residences and true second homes only; mobile homes and seasonal cottages are excluded from this offer. Property insurance required. Interest may be tax deductible; please consult your tax advisor. Other terms and conditions may apply. Loan products are available to qualified applicants who meet the Bank's current loan underwriting guidelines. Offer good on applications taken between 04/01/08 and 05/31/08.
