ASB - Athol Savings Bank: A Solutions Bank
ASB - Athol Savings Bank: A Solutions BankASB - Athol Savings Bank: A Solutions Bank
Consolidate your debts into one low payment, and cover other expenses too.
4.990% APR* for 12 months
Prime Rate Minus 0.50% Thereafter, Currently
6.75% APR*
*Annual Percentage Rate (APR): Variable rate after the introductory period is Prime rate, as published in the Wall Street Journal, minus 0.50%. Currently 6.75% as of 9/18/25. After the introductory period, the minimum APR is 3.49% with a maximum APR of 12.00%. Rates quoted are for owner-occupied 1-4 family and owner-occupied residential condominiums. Additional fees will apply if the property is held in a trust. The maximum combined LTV (loan-to-value) is 80% of the property value, less any existing first mortgage liens. An appraisal is required. With each product there is a 10-year draw period with interest-only payments followed by a 10-year repayment period with interest and principal payments due. Minimum loan amount is $10,000.00. Property insurance and flood insurance (if applicable) are required. If the line is paid off and closed within 36 months, the Bank paid closing costs must be repaid and can range from $500-$1,500 depending on the final expenses incurred by the Bank. A $50 annual fee applies after the first year. Offer and rates are subject to change at any time and all loans are subject to credit approval and are available only on new home equity lines of credit. Consult a tax advisor on the deductibility of interest.