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Home Equity Loans |
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| Loan Type |
Interest Rate
Loan Linked* |
Interest Rate
With Coupons |
Property Type |
Maximum
Loan
Amount |
| 5 Year Home Equity |
| 1st Lien |
5.000% |
5.250% |
1-4 Family |
$500,000 |
| 2nd Lien |
5.250% |
5.500% |
1-4 Family |
$350,000 |
|
| 1st Lien |
5.000% |
5.250% |
Condo/Town Home |
$250,000 |
| 2nd Lien |
5.250% |
5.500% |
Condo/Town Home |
$250,000 |
10 Year Home Equity |
| 1st Lien |
5.375% |
5.625% |
1-4 Family |
$500,000 |
| 2nd Lien |
5.875% |
6.125% |
1-4 Family |
$350,000 |
|
| 1st Lien |
5.375% |
5.625% |
Condo/Town Home |
$250,000 |
| 2nd Lien |
5.875% |
6.125% |
Condo/Town Home |
$250,000 |
15 Year Home Equity |
| 1st Lien |
5.990% |
6.240% |
1-4 Family |
$500,000 |
| 2nd Lien |
5.990% |
6.240% |
1-4 Family |
$350,000 |
|
| 1st Lien |
5.990% |
6.240% |
Condo/Town Home |
$250,000 |
| 2nd Lien |
5.990% |
6.240% |
Condo/Town Home |
$250,000 |
20 Year Home Equity |
| 1st Lien |
6.375% |
6.625% |
1-4 Family |
$500,000 |
| 2nd Lien |
6.375% |
6.625% |
1-4 Family |
$350,000 |
|
| 1st Lien |
6.375% |
6.625% |
Condo/Town Home |
$250,000 |
| 2nd Lien |
6.375% |
6.625% |
Condo/Town Home |
$250,000 |
| Equity
Loan Notations |
* Loan Linked rates are based upon having monthly loan payments deducted from an NVE Bank checking account which maintains an average monthly collected balance of $1,000.00. Customers requesting loan coupons pay an interest rate of .25% higher.
Recording Fees: $70
|
Home Equity Lines of Credit (HELOC) |
|
| Loan Type |
Interest Rate |
Property Type |
Maximum
Loan Amount |
| 15 or 20 Year |
4.750% |
1-4 Family |
$500,000 |
| |
4.750% |
Condo/Town Home |
$250,000 |
| Equity
Credit Line Notations |
The interest rate for home equity lines of credit is Prime -.25% with a floor of 4.75%.
Recording Fees: $70
|
|
New Auto Loans |
|
| Loan Type |
Interest Rate
Loan Linked* |
Interest Rate
With Coupons |
Vehicle Yearear |
Maximum
Amt. |
3 Year |
6.750% |
7.000% |
2009 |
$40,000 |
4 Year |
7.000% |
7.250% |
2009 |
$40,000 |
5 Year |
7.250% |
7.500% |
2009 |
$40,000 |
| New
Auto Loan Notations |
* Loan Linked rates are based upon having monthly loan payments deducted from an NVE Bank checking account which maintains an average monthly collected balance of $1,000.00. Customers requesting loan coupons pay an interest rate of .25% higher.
90% maximum loan to value for new automobile loans.
Recording Fees: $40
|
Used Auto Loans |
|
| Loan Type |
Interest Rate
Loan Linked* |
Interest Rate
With Coupons |
Vehicle Yearear |
Maximum
Amt. |
3 Year |
7.000% |
7.250% |
2007-2008 |
$20,000 |
3 Year |
7.250% |
7.500% |
2005-2006 |
$20,000 |
| Used
Auto Loan Notations |
* Loan Linked rates are based upon having monthly loan payments deducted from an NVE Bank checking account which maintains an average monthly collected balance of $1,000.00. Customers requesting loan coupons pay an interest rate of .25% higher.
80% maximum loan to value for used automobile loans.
Recording Fees: $40
|
Loan rates are effective as of 07/01/2009 and are subject to change without notice.
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