Bluestone Bank

* Annual Percentage Rate (APR) based on the Prime Rate as published in The Wall Street Journal on the last business day of the billing cycle. This rate may increase or decrease monthly. As of January 2, 2020, the Prime Rate is 4.75% with a Minimum Floor Rate of 3.50%. The maximum APR is 18% during the life of the line of credit. Line amounts from $10,000 to $300,000 for 1-2 family primary residences within Massachusetts. Bluestone Bank will waive fees to obtain a Home Equity product. Fees to be waived include automated valuation (AVM) fee on single family homes, credit report fee, flood zone determination fee and legal fees. Appraisal fee, if required, is payable in advance by applicant. There is a $50 annual fee. There is a $400 early termination fee if the line is terminated within 36 months after the Agreement is signed. 80% combined loan to value ratio up to $200,000 for 1-family residences and condominiums. Lower loan to value ratio for all other transaction & property types. All home equity products require proof of adequate property insurance.

** APR is Annual Percentage Rate. Loan amounts from $10,000 - $300,000 for 1-4 family primary residences within Massachusetts. For 5 years fixed at 5.125%, 60 monthly payments of $18.93 per $1,000 borrowed. Bluestone Bank will waive fees to obtain a Home Equity loan. Fees to be waived include automated valuation (AVM) fee, credit report fee, flood zone determination fee and legal fees. Appraisal fee, if required, is payable in advance by applicant. 80% combined loan to value ratio up to $200,000 for 1-family residences and condominiums. Lower loan to value ratio applies to all other transaction & property types. All home equity products require proof of adequate property insurance. Monthly payment example based on minimum term. Rates shown assume monthly payments are made via automatic payment from a Bluestone Bank checking or statement savings account. Add .25% to rate if automatic payment is not desired. Payments do not include amounts for real estate taxes and insurance premiums, if applicable, which will increase your total payment obligation.