All rates are quoted as Annual Percentage Rate. Rates are subject to change without notice.No points, fees, or closing costs (Effective 04/01/13 though 06/30/13).

Primo Home Equity Line of Credit

• 80% or less loan to value (LTV) 6.50% APR

All rates subject to change. Full product information is also available in our branches. Prime Rate + 0% Annual Percentage Rate (APR) based upon 80% or less Loan to Value ratio. Rate to change quarterly (January 1, April 1, July 1, October 1) and will correspond to changes in the Index. The Index is the Major Bank Prime Rate as published periodically in the Wall Street Journal.  The Index value used at each Change Date is the value in effect on the first day of the month preceding each calendar quarter. Minimum line amount is $20,000; Maximum line amount is $250,000.  There is a 10-year draw period (interest only payments) with a 15 year (fully amortized) repayment period. Minimum draw is $500. LBS Financial will pay closing costs (estimated at $535).  If Primo line of credit is terminated within the first 36 months, borrower must reimburse LBS Financial for the closing fees. Other restrictions may apply. No line granted below 6.50% APR.