Spencer Savings Bank - Investment Home Equity Loan Rates

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Rates as of 01/3/2012

Loan Type	APR/Rate	Monthly Payment Per $1000 Borrowed	Apply Now	Download Application
5 Year Fixed	6.260%	$19.45	N/A
7 Year Fixed	6.365%	$14.78	N/A
10 Year Fixed	6.365%	$11.29	N/A
15 Year Fixed	6.375%	$8.64	N/A
SpencerFlex Line of Credit	6.000%	N/A	N/A

APR=Annual Percentage Rate. Investment property must be located in New Jersey. Application Fees as follows: Loans and Lines up to $100,000: $250 (1 family), $250 (2-4 family), Loans and Lines above $100,000: $350*(1 family), $500 (2-4 family); *however, if the loan or line is $250,000 or more and secured by a property in excess of 2,800 square feet a fee of $400 will be charged. Commitment Fee of $150 will be charged on all loans. Flood Insurance may be required. Payments shown do not include applicable taxes and insurance. Rates are subject to change without notice.