*Home Equity Line of Credit Rates
The APR is the Annual Percentage Rate, and the Index is the Prime Rate.
The introductory Annual Percentage Rate (APR) will be fixed at 2.99% for the first 12 months. Thereafter (see rate table above for rates with AutoPay from a HarborOne checking account), the Index is variable and based on the Prime Rate (Prime) as published in the Wall Street Journal (4.75% as of 11/1/2019). No additional rate reduction is included during the period of the promotional discount. Home Equity Line of Credit Rates shown above requires monthly automatic repayment from a HarborOne checking account. Termination of automatic repayment option will result in an undiscounted rate after the introductory period. Other HELOC programs offered by HarborOne do not include an automatic repayment feature. APR is subject to change and may increase after consummation. The corresponding APR will never be less than 3.99% or more than 18.00% per annum on our featured Home Equity Line of Credit Rate. Subject to credit approval. No points.
Advertised rates are available for lines of credit between $25,000 and $1,500,000 on 1 to 4 family owner occupied and second/vacation homes located in New England with a combined loan to value ratio (CLTV) of 80% or less as determined by the property type, an appraisal acceptable to the lender and acceptable FICO score of applicants. No closing costs except for properties held in a Real Estate Trust or a Life Estate. A non-refundable attorney review fee of $150.00($125 for Rhode Island) or $ 100.00 respectively will be assessed on Real Estate Trusts and Life Estates. Hazard insurance is required. Flood insurance may be required. Deductibility of interest is not guaranteed, consult your tax advisor. If you pay off the entire balance and close your line of credit account within 36 months of consummation, there will be a $575.00 Early Termination Fee. Annual fee of $50.00 (waived the first year). Other terms and restrictions may apply. Offer subject to change without notice.
**APR is based on the current Prime Rate (4.75% as of 11/1/19) plus or minus the margin indicated in the rate table above. Rates are variable and subject to change.