Closing costs vary by state and loan amount. If checking account and debit card are not maintained in an active status throughout the term of the loan, a $100 annual fee will be assessed. Eligibility for introductory rate and reduced closing costs require a United Community Bank checking account and debit card. The stated APRs represent borrowers with a minimum 760 credit score, owner-occupied first or second lien primary residence, maximum 80% LTV and 0.25% discount for auto-debit from a United checking account. The margin for each loan is determined by credit qualifications, lien position, owner occupancy, loan-to-value (LTV) ratio and other loan features. Thereafter, the APR is variable and may change daily but will never exceed 16%. The discounted introductory APR is fixed for the initial 12-month period. A withdrawal of interest will reduce earnings.ΔΆ The Annual Percentage Rate, referred to as APR, is based on an index (WSJ Prime Rate) plus a margin. The APY assumes that interest remains on deposit until maturity. A penalty will be imposed for early withdrawal. The minimum balance required to open the account and obtain the APY is $2500. Annual percentage yields are current as of.
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