Loans

Home Mortgage Home Equity Term Loan Home Equity Line of Credit
Benefits The safety and security of a fixed rate, term, and monthly payment amount The safety and security of a fixed rate, term, and monthly payment amount A flexible revolving line that allows access to funds whenever you need them at a low variable rate
Recommended use New home purchase or refinance of existing mortgage Immediate borrowing needs like debt consolidation, major purchase, or home remodel Long term access to credit funds for debt consolidation, college tuition, on-going home improvement or unplanned expenses
Interest Rate Fixed Rate Fixed Rate Variable Rate
Tax deductable interest Yes – consult your tax advisor Yes – consult your tax advisor Yes – consult your tax advisor
Fees Among the lowest fees in Lancaster County $250 processing fee waived* $250 processing fee waived*
Terms 10 to 30 year terms available 12 to 240 monthly payment terms available Draw and pay on the line as needed
Repayment Fixed monthly payments for the term of the loan Fixed monthly payments for the term of the loan Interest billed monthly, pay down principle at your own pace
East Access Meet face to face at a branch, your home, a Realtors office, or over the phone View account information and make payments with online banking, by phone or in the branch Access funds, view account information, and make payments with online banking, by phone or in the branch
Other options Special programs for first time home buyers and low down payment programs through VA, FHA, PHFA and USDA

*Excluding appraisal fees if required.