As of , APRs for Domestic Equity Fund start around % so you can %
step 3 The interest rate is restricted for the lifetime of the fresh new financing. % Apr (ounts anywhere between $a hundred,100000 and you may $499,999 with 120-times identity and collateral assets when you look at the 2nd lien standing. Mortgage words can vary off 5 years so you can 3 decades. The fresh Annual percentage rate cannot go beyond 18%. Most other rates are offered for most other loan quantity and you may conditions.
For loan/range amounts higher than $500,000, additional small print have a tendency to implement
You may want to file issues to get more info regarding the servicer because of the getting in touch with this new York State department from Financial Properties User Direction Unit at the step 1-800-342-3736 otherwise when you go to brand new Department’s web site from the dfs.new york.gov.