Home Equity Loans

APR = Annual Percentage Rate.

Logix Home Equity Loan (closed-end, Second Mortgage) – APRs listed are our best rates based upon creditworthiness and the disclosed combined loan-to-value (CLTV); applicant's rate may be higher depending on credit rating and LTV, and other underwriting factors. Applicant to pay all fees on fixed-rate second mortgages. Attorneys' fees apply in some states. APRs are calculated using a $25,000 loan amount and monthly repayment schedule. PMI is not required. Minimum credit limit/loan amount is $25,000; maximum is $500,000. Mortgage rates listed apply only in certain conditions. Loan rates depend on several factors/assumptions. A loan's final rate will depend on financial market conditions, specific characteristics of the loan transaction and applicant's credit profile up to the time of closing. Home Equity Loans are available in CA, MD, NV, NH, VA, MA, ME, AZ and Washington DC only. Loans between 75.01% to 80% CLTV add 0.50% to rate.

Monthly payment examples:
$25,000 at for 5 years is per month.
$25,000 at for 7 years is per month.
$25,000 at for 15 years is per month.
$25,000 at for 20 years is per month.

†$25,000 at on a 30-year amortization with a 15 year term is per month with a final balloon payment of at maturity.

Your rate and payment may be different.