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Interest Advantage Home Equity Loan
Variable rate, fixed for first 5 years with up to 15-year repayment
Disclosure: Interest Advantage Home Equity Loan (Variable Rate)

Initiate your loan with a $20,000 minimum draw. Choose up to a 15-year term to amortize your loan amount. SELCO may loan up to 100% of the available equity in your home depending on credit qualifications.

• Original Rate holds for first five years
• Loan Fee: None
• Borrower pays all third-party costs: $35-$710 (estimated)
• Cost to reconvey deed of trust: $75-$100 (charged when loan is paid in full)
• Prepayment penalty of $500 if loan is paid in full within first 24 months after account opening
• Property insurance is required
• Other third-party fees may apply
• Maximum lifetime Annual Percentage Rate: 18%

Home Equity Loan
Fixed rate with up to 15-year repayment
Disclosures: Home Equity Loan (Fixed Rate)

Initiate your loan with a $5,000 minimum draw. Choose from 5, 7, 10, and 15-year terms to lower your monthly payments. SELCO may loan up to 100% of the available equity in your home depending on credit qualifications.

• Loan Fee: None
• Borrower pays all third party costs not to exceed $200
• Appraisal fee: If required, $300 (est.)
• Cost to reconvey deed of trust: $75-100 (charged when loan is paid in full)
• Prepayment penalty: $500 if loan paid in full within first 24 months after account opening
• Property insurance is required
• Other third-party fees may apply

Home Equity Loan (1-Year Variable Rate)
Variable rate with up to 15-year repayment
Disclosures: Home Equity Loan (Variable Rate)

Initiate your loan with a $20,000 minimum draw. SELCO may loan up to 100% of the available equity in your home depending on credit qualifications.

• Repayment Term: 15 years
• Loan Fee: None
• Appraisal Fee: $300-$450 (required for loan amounts above $150,000)
• Cost to Reconvey Deed of Trust: $75-100 (charged when loan is paid in full)
• Prepayment Penalty: $500 if loan paid in full within first 24 months after account opening
• Late Payment Fee: if 15 days late; 5% of past payment (maximum of $15)
• Property Insurance is Required
• Other third-party fees may apply
• Maximum lifetime Annual Percentage Rate: 18%

About You
- Two most recent paycheck, retirement, or disability stubs
- Past two years' W-2s and 1099's
- List of consumer debts and account numbers
- If applicable: Award letters, insurance, retirement benefits, e.g. Social Security, PERS
- If self-employed or on commission: Prior two-years' tax statements and year-to-date profit and loss statement.

About Your House
- Most recent mortgage statement and county tax assessment
- Copy of current homeowner's insurance declaration page

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