Loan Rates

• Higher credit limits may require collateral and/or additional approvals.  
  
• APRs are for Loan to Value Ratios up to 80%.
• Property insurance is required.
• For Home Equity Loans over $250,000, an appraisal fee of up to $550 is required.
• Consult a Tax Advisor regarding the deductibility of interest.

• TERM	MINIMUM LOAN AMOUNT	PAYMENT AND INTEREST (P&I) Per Each $1,000
  5 Year Fixed	$10,000	$19.80
  10 Year Fixed	$10,000	$11.74
  15 Year Fixed	$10,000	$ 9.41

HELOC Line of Credit Discount Disclaimer

* Home Equity Lines of Credit are established for a ten-year draw period.  Rates listed are for single-family primary or secondary owner-occupied residences, with a loan-to-value ratio not exceeding 80%.  Minimum payments are interest only.  No fees are charged for repayment of loan principal.  If only the minimum required monthly interest payments under the HELOC plan are made, these payments will NOT be sufficient to repay the debt and the remaining loan principal and any interest due will be due and payable at the end of the ten-year draw term.  

For HELOC amounts over $250,000, an appraisal fee of up to $550 is required. No fees for Home Equity Lines of Credit $250,000 and under. 

Offer of credit is subject to credit approval.  Renewals of the HELOC are not guaranteed.  Homeowner's insurance is required to be maintained.  Flood insurance may also be required, depending on the property.  Consult your tax adviser regarding the possible deductions of interest. For a detailed HELOC Plan disclosure, please contact our Consumer Lending Department at 302-658-6881, please select option#5. 

** This interest rate is variable and may change each month, based on the Wall Street Journal Prime as appearing on the first day of each month.  As of March 14, 2025, the Prime Rate = 7.50% APR.  The APR shown reflects a 0.25% discount for automatic payments from an Artisans' Bank account.  If automatic payment is discontinued, you will no longer receive an automatic payment discount.  The maximum APR over the life of the loan will never exceed 18% APR.  Interest begins to accrue on the business date a draw is made against the credit line and is posted to the account. 

For HELOC amounts over $250,000, an appraisal fee of up to $550 is required. No fees for Home Equity Lines of Credit $250,000 and under. 

Offer of credit is subject to credit approval.  Renewals of the HELOC are not guaranteed.  Homeowner's insurance is required to be maintained.  Flood insurance may also be required, depending on the property.  Consult your tax adviser regarding the possible deductions of interest. For a detailed HELOC Plan disclosure, please contact our Consumer Lending Department at 302-658-6881, please select option#5. 

• Higher credit limits may require collateral and/or additional approvals.
• Personal Lines of Credit are subject to credit approval.