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1All loans are subject to credit and property approval. Rates, program terms, and conditions vary.
2The introductory rate of 3.85% APR is for a Home Equity Line of Credit (HELOC) for 12 months only for borrowers with a maximum 80% combined loan to value (CLTV) who take an initial draw of $25,000 at closing, maintain this balance for 12 months and have automatic payments from a Popular Bank deposit account. 1-4 family primary residence only, no co-ops, new Popular Bank HELOC accounts only. APR determined at application and is subject to change. After the introductory period, your APR will vary based on the Prime Rate (currently at 5.00% as of 9/19/19) plus an applicable margin between 0.25% and 6.25% depending on your credit score, amount borrowed and the state where the collateral property is located. Borrowers may be offered credit at higher rates and other terms. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will also be required. Annual fee of $50, waived for the first year. Offer ends 11/15/2019.
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