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2.99%
APR for 3 months, then Prime Rate, currently 4.25% APR
• Use
for home remodeling projects, bill consolidation, a new car
or college tuition.
• Grab
$250,000 or less, and pay no closing costs.
Call
or visit us today for details or apply by calling TeleLoan*** at 1-800-736-9319. Please
have this information ready when you call TeleLoan:
- Social
Security Number and date of birth (borrower and co-borrower)
- Home
address and phone number/mailing address if different from home
- Previous
address if at residence for less than 2 years
- Two-year
employment history, plus employer(s) names/phone numbers
- Gross
monthly income
- W-2
(1 year) and current pay stubs; if self-employed, last 2 years'
tax returns
- Value
of collateral (i.e. real estate, stock, savings account, etc.)
- Copies
of real estate deed(s) or current loan statement(s)
- Name/phone
number of nearest relative(s) not living with you
Offer good
only on Home Equity Credit Lines up to and including $250,000.
California Bank & Trust will waive the annual fee on Home
Equity Credit Lines (currently $65, subject to change) for the
first year. In addition, there will be no points, closing costs
or third-party fees for credit lines up to and including $250,000
(except that any external appraisal requested by a borrower
will be at the borrower’s
expense). The introductory Annual Percentage Rate on the Home Equity
Credit Line is “discounted” at a fixed rate of 2.99%%
for the first three billing cycles. Beginning in the fourth
billing cycle, the standard APR will be based on the Wall Street
Journal Prime Rate (Index) plus a margin. Minimum margin is
0% and maximum margin is 1.25% depending upon individual creditworthiness.
Index is 4.25% as of 07/01/04. APR can vary monthly. Minimum
APR is 2.99% for first three billing cycles and 4.25% beginning
in the fourth billing cycle. Maximum APR is 16%. Rates and
terms are subject to change without notice. Above rates and
terms apply to owner-occupied single-family residences, including
duplexes, with LTVs up to 80%. Property insurance is required.
Consult your tax advisor regarding deductibility of interest.
Certain limitations apply. This offer cannot be combined with
other special promotions or offers. Offer only good in California.
Loan must be closed in a CB&T branch. Early closure fee
applies. See Advance Disclosure for more details. |
