Home Equity Loan Rates

** Add 0.25% to the posted APR for loans with LTV ratios of 80.1% to 85%

The following apply to both the First Lien and Junior Lien Home Equity Loans:

Maximum loan amount is $425,000
APRs include 0.25% discount for automatic payment from an American Bank account. The APR and payment on your loan may increase if the automatic payment is discontinued
Property must be an owner occupied 1 – 4 family residential property located within the Pennsylvania counties of Lehigh, Northampton, Carbon, Berks, Bucks, Montgomery, Lancaster, and Delaware with a first or second lien position
No application or documentation fees. No closing costs for loans up to and including $425,000
Borrower must pay mortgage satisfaction fees at loan termination
Monthly payment does not include taxes or insurance. Actual payment obligation will be greater
Interest may be tax deductible; consult your tax advisor
Homeowner’s insurance is required. Flood insurance may be required
If your home is on the market for sale at the time of application or your property is held in a Trust, you are not eligible for this offer
APRs apply to loans $15,000 or greater
Other APRs available for loans with similar terms and conditions
Loans are subject to credit approval
Rates, terms and conditions are subject to change at any time and may be withdrawn without notice