Your Current ZIP | Change
Enter new 5-digit ZIP Code below: Submit
In the Community About Us Careers Branch/ATM Locator Go
Home Personal Small Business Commercial Investing Customer Service Contact Us
redirect > Capped Rate Home Equity Line of Credit Text Size
  Applying is Easy...   call 1-800-340-LOANCall 1-800-340-LOAN visit branchVisit Branch
Capped Rate Home Equity Line of Credit®
  • Eliminate uncertainty
  • No points
  • No closing costs

You want a home equity line of credit for its flexibility, but you're worried about rising interest rates. Well, our Capped Rate Home Equity Line of Credit lets you borrow what you need at an attractive variable rate of Prime +0%, while giving you the peace of mind of knowing that the rate won't exceed 9.25% at any time during the draw period. So borrow what you need and relax. We've got you covered.

The Capped Rate Home Equity Line of Credit is available exclusively at your nearest branch or by phone.

To apply or learn more from our helpful bankers, call 1-800-340-LOAN or locate your nearest branch.

Site Map  |  Privacy  |  Security  |  Terms of Use
© Copyright 2009 Citizens Financial Group. All rights reserved.
Citizens Bank is a brand name of RBS Citizens, N.A. and Citizens Bank of Pennsylvania. Deposit accounts held at RBS Citizens, N.A. and Citizens Bank of Pennsylvania are separately insured.
Member FDIC  |  Equal Housing Lender Equal Housing Lender

 

Variable APR based on The Wall Street Journal "Prime Rate" ("Prime") published on the last business day of the month. Prime plus 0% (7.25% APR as of 1/1/08) available for qualifying properties in CT, NH, RI, VT, MA, PA, NJ, DE, and NY for lines of $10,000 or more with a loan-to-value (LTV) of 80%, with a balance of $10,000 at closing. Checking Account with $100 minimum opening balance required. 1 to 4-family owner-occupied properties only. Rate and terms may change at any time and vary by property type, loan amount and LTV ratio. Maximum APR 9.25%, minimum APR 2.5% during initial 7 year draw period. Minimum APR 2.5%, maximum APR 21% (18% maximum APR in PA and NJ) after 7 year draw period. Not available for homes currently for sale or intended to be sold within six months of closing. Property insurance required. Flood insurance may be required. Trust review fees ranging from $85 to $175 apply for properties held in trust. Accounts subject to individual approval. No annual fee the first year, then $50 per year. If you pay off the entire balance and close your line of credit account before the due date, you may be charged an early termination fee. See a banker for details.