Unleash the equity in your home.
When you need some ready cash, Clifton Savings Bank is right behind you. Whether you're planning a home improvement project, or consolidating your bills, or buying a car, our residential Home Equity Loans are just the answer.
Borrow up to $250,000 at a low fixed rate with a second mortgage, or open a Home Equity Line of credit to have cash available when you need it. And, we keep all loans in-house, so you're assured of Clifton Savings Bank's personal service.
When you're ready to put the equity in your home to work for you, call our Mortgage Department at 1-888-LOANS-CS, or fill out the form below.
|Home Equity Line Of Credit|
|Rate:||3.25%; rate to adjust monthly to prime rate (prime rate is currently 3.25%)|
|Term:||20 Years (15 year draw period, 5 year repayment period)|
|Rate Caps:||18.00% maximum /3.25% minimum (no cap per adjustment)|
|Maximum LTV:||80% 1-4 Family and Condominiums|
|Loan Amounts:||$250,000.00 maximum / $5,000.00 minimum|
|Property Type:||1-4 family and condominium; primary residences only|
|Term||Rate||Points||APR||Payment per $1000||Max LTVR||Max/Min Loan|
|20 Year Fixed||4.500%||0||4.507%||$6.33||80%||$250,000/$5,000|
|15 Year Fixed||4.250%||0||4.259%||$7.52||80%||$250,000/$5,000|
|10 Year Fixed||4.000%||0||4.013%||$10.12||80%||$250,000/$5,000|
|5 Year Fixed||3.750%||0||3.774%||$18.30||80%||$250,000/$5,000|
|1-4 Family & Condominiums:||80% maximum loan to value ratio|
|Investment Property:||70% maximum loan to value ratio / Interest rate is 1% higher|
|Second Homes:||75% maximum loan to value ratio / Interest Rate is 1/2% higher / 1 family only|
|Rates and terms are subject to change at any time without prior notice.|
|Rates as of 08/19/2014|
Want More Information From Clifton Savings?
1433 Van Houten Ave
Clifton, NJ 07013
Toll Free: 1-888-562-6727