Winter is ending and summer is just around the corner. Now may be a great time to pay off any debt, work on home renovations, or finance a large project with our Home Equity Loan at 2.74% APR for 5 years.* If you’ve lived in your home for a few years, and its appraised value has risen significantly above your loan amount, you may be surprised at just how much equity you have accumulated.
With Fidelity Bank’s 3-Day Guarantee you will have a decision on your Home Loan within 3-business days. Borrow against the equity you have built in your home and get fast, convenient access to funds to start doing the things you want or need to do.
Want to apply for your home equity online with a local bank? There’s an app for that!
Introducing the Fidelity Bank Mortgage App
Use for all your home lending needs!
*Annual Percentage Rate (APR) effective as of February 10, 2021 and is based on loan amount of $75,000.00 or greater for a term of up to sixty (60) months. Maximum loan to value is 80.00% and a minimum credit score of 740 and maximum debt to income of 43%. One (1) to four (4) family owner-occupied homes, primary and secondary residences, and a first (1st) or second (2nd) lien only. Promotional rate requires automatic deduction of payments from a Fidelity Bank checking account. 60 monthly payments of $17.85 per $1,000 borrowed. Payments do not include taxes or mortgage insurance premiums; actual obligation will be higher. “No Closing Costs” applies to loans $25,000.00 or more and with $25,000.00 in new money, defined as money not currently borrowed from Fidelity Bank. Loan must remain open for at least thirty-six (36) months. If loan is paid off at thirty-six (36) months or sooner, borrower agrees to repay Fidelity Bank all closing costs as outlined on their Note. Homeowner’s insurance with Fidelity Bank listed as mortgagee is required, flood insurance is required if applicable, and title insurance is required on loans greater than $250,000.00. Subject to credit approval. Other rates are available, but fees may apply. Please consult a tax advisor regarding the deductibility of interest. Offer may change or discontinue at any time. Offer cannot be combined with any other offer. Not a commitment to lend.
•Guarantee of loan decision is within three (3) business days pending receipt of complete loan application including signatures of all borrowers, signed disclosures, and all necessary financial information. Restrictions apply on loans greater than $548,250. Not a guarantee for an extension of credit. Please see a Fidelity Banker for more details.