Why Choose Far East National Bank's Home Equity line of Credit?

Low Interest Rates
After the introductory period, the monthly interest rate is as low as the Prime Rate published in the Wall Street Journal.

Tax Benefit
With possible tax deductibility and low interest rates, you can actually borrow money to save money. (Consult your tax advisor for details.)

No Set-up and No Annual Fees
All initial set-up fees are waived for lines up to $250,000. We do not charge any annual fees.

Easy Application
To apply, please call or visit one of our branches for an application.

Stated rates and Prime Rate of 7.50% are as of 01/31/06. Line of Credit eligibility is subject to credit approval and our appraisal valuation system of collateral property. Good for owner occupied single-family residence, condo, PUD or 2-4 units with loan amount up to $250,000. Introductory APR (Annual Percentage Rate) applies to the first 3 months at 2.98% and is applicable for 1st time home equity line of credit borrowers at Far East National Bank (FENB. APR after the introductory period is a variable rate based on Wall Street Journal Prime Rate. Contact any FENB branch location and ask for our Money Management Account (MMA) Home Equity Line of Credit program. Maximum lifetime APR is 18%. A $500 setup fee applies to lines of credit over $250,000. No annual fees apply but you may be required to pay certain fees to third parties, such as appraisers, credit reporting firms, title insurance companies, and government agencies to open a line of credit. These fees generally total between $800 and $2500 depending on your credit line granted. Property insurance is required. An early closure fee of $500 will be assessed if your Line of Credit is closed within the first three years. Other limitations and restrictions may apply. All terms are subject to change without notice.