Forcht Bank is currently offering a Zero Percent Home Equity Line of Credit! Take advantage of this limited time offer today and enjoy Zero Percent Interest* and NO Closing Costs! So if you're thinking about making an addition to your home, paying medical bills, financing a college tuition, or taking the vacation of a lifetime, now is the time to act! Call or stop by your local Forcht Bank today, and we'll give you the freedom to make the financial decisions you need.
*0% Annual Percentage Rate (APR) is introductory and valid for 6 months from the date of the closing on new Forcht Bank Home Equity Lines of Credit only. Minimum $5000 draw and primary checking account required to receive intro rate. After 6 months, the APR is variable and can change each month with the Prime Rate as published in the Wall Street Journal (WSJ). As of June 30, 2015, the variable rate for lines of credit is Prime + 0.00% (currently 3.25% APR) to Prime + 1.00% (currently 4.25%). Rates vary by loan to value. Subject to credit and property approval. The 0% APR intro rate advertised is based on a maximum of LTV of 80% or less, and for new loans only. APR will not exceed 23%; floor rate is 3.25%. Stated rates apply to lines secured by owner occupied, single-family residences (excluding mobile homes). No closing costs. Additional fees, terms and conditions may apply. An annual maintenance fee of $25 will apply. An early termination fee of 3% of the commitment amount is charged on lines that close within 24 months of opening. Property and flood insurance may be required. forchtbank.com Member FDIC. Equal Housing Lender.