*APR (Annual Percentage Rate). This limited time offer will be available if you submit your application between February 19, 2019 and May 31, 2019 and the loan closes before July 1, 2019. The terms of the offer (which are subject to change at any time) are as follows: (1) Available only on lines of credit $25,000 and greater. (2) A Camden National Bank checking account must be established prior to closing and must be set up with an Automatic Funds Transfer to that account. (3) Offer only for first and second homes located in Maine, New Hampshire or Massachusetts; mobile home and seasonal cottages are excluded from this offer. (4) You pay the appraisal fees for loans over $250,000 on Maine properties, all loans on New Hampshire and Massachusetts properties, or if you request an appraisal. For all loans over $250,000 you pay the title exam fees and the Lender’s Title Insurance premium. (5) Prepayment penalty of $499 if closed within 24 months. (6) Loan product available to qualified applicants who meet the Bank’s current loan underwriting guidelines. (7) Other terms and conditions may apply.
**After the initial 12 months of the fixed interest rate of 3.74%, the non-discounted rate will be the “prime rate” published in the Wall Street Journal, Eastern Edition, with a minimum floor of 4.00% APR. The prime rate from the Wall Street Journal was 5.50% as of 2/6/19. The APR will not exceed 18%.