Home Equity Loan

• Rates are subject to change without notice.
• Rates are dependent upon the customer’s credit, term and loan-to-value.
• Closing costs, if any, may vary by state
• Loan-to-value can be up to 70% - principal balances of all liens.
• Minimum loan amount is $10,000.
• Minimum monthly payment is $100.
• Maximum loan amount is $500,000.
• A pre-payment penalty of $300.00, plus any state imposed mortgage tax and applicable attorney fees paid on behalf of the customer by State Farm Bank, will apply when the loan is paid in full within the first 36 months. For terms of 36 months or less, the pre-payment penalty, plus any state imposed mortgage tax or attorney fees paid on behalf of the customer by State Farm Bank, applies if the loan is paid off early.

Home Equity Line of Credit