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Planning a dream vacation? Hoping to remodel your home? Need tuition money? Want to consolidate you bills? Whatever it is that's important to you, make it happen now with a HomeLine Equity account!
Use is anytime for anything and make low, interest-only payments for the life of the advance. There is no annual fee, and we'll even waive the closing costs!** To find out more or to apply for your account today, stop by ANY Mercantile location and make your dreams happen!
Get a variable rate as low as
Prime minus 1% less 0.25% discount
2.75%APR*
*Annual Percentage Rate (APR) information is current as of 10/31/08. Your applicable interest rate will vary depending upon your credit qualifications and loan to value (LTV) ratio from a variable APR of Prime - 1% (currently 3.00% APR) to Prime + 4% (currently 8.00% APR). APR is indexed to Prime Rate as published in the Wall Street Journal (currently 4.00% APR). APR will never exceed 25% or the maximum allowed by applicable state law. The rate shown is based on the lowest rate for this account less the additional discount (0.25%) for having a deposit relationship with Mercantile Bank. A deposit relationship is defined as including a Mercantile checking account, a savings or money market account or a certificate of deposit. Ask your Mercantile banker for more details.
**No closing costs offer requires $5000 initial draw and if no appraisal is required. This offer is for new HomeLine Equity accounts only. Property insurance required, including flood insurance where applicable. Terms and conditions subject to change without notice. No other discount applies. Consult a tax advisor regarding deductibility of interest. Member FDIC and Equal Housing Lender. |