Rates Page – Product Specific Disclosure

Power Equity Line of Credit

Annual Percentage Rate (APR) is subject to application and credit approval. Specific rate is subject to application, approval, and acceptable property appraisal and title search; loan-to-value ratio; credit history. The APR is variable and can change quarterly but will never be higher than 18.00%. Lowest rate available is for well qualified borrowers who are approved for a new credit line amount of $25,000 or higher; a loan-to-value ratio of 80% or less; assumes property is owner occupied. Rates reported are  based on Prime plus or minus a margin. The margin is based on your home’s loan-to-value ratio, credit history, and the amount of the credit line. “Prime” means Bank Prime Loan Rate published by the Board of Governors of the Federal Reserve System in its Statistical Release H.15(519) entitled “Selected Interest Rates.” Use of the word “Prime” does not mean the rate is the best or lowest rate offered by any lender.

Hazard Insurance must be carried on the real property securing the account, and flood insurance is required on buildings located in a Special Flood Hazard Area.

There is a Draw Period for 10 years after the account is opened during which advances and purchases may be made, and during which reductions to principal are not required (unless credit limit has been exceeded), followed by a 10-year Repayment Period during which the minimum monthly payments amortize the outstanding balance on the line at the end of the Draw Period.

Home Equity Loan

Annual Percentage Rate (APR) is subject to application and credit approval. APR is based on a $10,000 loan amount. Specific rate is subject to acceptable property appraisal and title search; loan-to-value ratio; 740 or higher credit score. Property must be owner occupied. Hazard Insurance must be carried on the real property securing the account, and flood insurance is required on buildings located in a Special Flood Hazard Area.

12 Year Mortgage Loan

Annual Percentage Rate (APR) is subject to application and credit approval. APR is based on a $100,000 loan amount. Specific rate is subject to acceptable property appraisal and title search; loan-to-value ratio; 740 or higher credit score. Property must be owner occupied. Hazard Insurance must be carried on the real property securing the account, and flood insurance is required on buildings located in a Special Flood Hazard Area.

Auto Loans

Annual Percentage Rate (APR) is subject to application and credit approval. APR is based on $20,000 amount financed, including a $175 loan fee. Refinances of existing Pathways’ loans and private vehicle purchases are subject to a $250 loan fee. Rates available subject to meeting certain underwriting criteria. Your rate may be different depending on credit history.

Personal Loans
Annual Percentage Rate (APR) is subject to application and credit approval. APR is based on $5,000 amount financed, including a $35 loan fee. Rates available subject to meeting certain underwriting criteria. Your rate may be different depending on credit history.