Personal

This EquityLine account has a promotional APR of 5.99% fixed for 12 months when LTV is 80% or below. A promotional APR of 6.49% fixed for 12 months is applied when LTV is greater than 80%. No action is needed by the customer to activate a promotional rate and all balances on the account will receive this rate for the promotional period. After 12 months, the account will turn to the variable rate specified in your EquityLine agreement and may change at any time. APR is based on the highest Prime Rate published in the Money Rates table of The Wall Street Journal on the last business day of the previous calendar month. The current Prime Rate, as of December 1, 2024, is 7.75%. The APR is variable and may change at any time. Maximum APR is 18.00%. Minimum APR is 3.99%.

EquityLine will have a 10-year draw period at the variable rate specified in your loan agreement followed by a 15-year repayment period with a fixed rate determined prior to the end-of-draw term as specified in your loan agreement. Closing costs are generally between $150 and $1,500 but will vary depending on loan amount and on the state in which the property is located. First Citizens Bank may choose to advance certain closing costs on your behalf.