Home Equity Line of Credit 1
Variable Rate
APR
Minimum Line Amount
Minimum Initial Advance
For first six months
2.60%
$25,000
$10,000
After introductory period, prime minus 1.25% for the life of the line. Rate will not go below 4.00% APR.
Home Equity Loan 2
Loan Term
APR
Minimum Loan Amount
5 Years
5.89%
$25,000
5 Years / 15 Years Amortization
5.89%
$25,000
10 Years
5.99%
$25,000
10 Years / 15 Years Amortization
5.99%
$25,000
15 Years
6.09%
$25,000
Automobile Loans 3
New (Current–1 yr.)
Used (1–2 yrs.)
Used (3–4 yrs.)
Payment Terms
(Months)
APR
APR
APR
12
6.49%
6.99%
7.75%
24
6.49%
6.99%
7.75%
36
6.49%
6.99%
7.75%
48
6.49%
6.99%
N/A
Personal Installment Loan
Loan Amount
Loan Term
APR
Fees and Conditions
$5,000-$25,000
Up to 36 months
15.00%
Loan Document Fee is $50.00. Auto-debit from Cardinal
Bank DDA required.
1 Home Equity Line of Credit
Terms and Conditions: Limited time offer. Annual Percentage Rate (APR) effective as of 2-20-09 on Home Equity Lines $25,000 and above and is subject
to change. The 2.60% APR is valid for six months. After six months, the interest rate adjusts to a variable rate equal to the Wall Street Journal Prime Rate
minus 1.25% (current APR 4.00%). The minimum APR will not go below 4% and the maximum APR will not exceed 24%. After the initial six months, the
rate is subject to change monthly based upon changes in the Wall Street Journal Prime Rate. Direct debit of minimum monthly payments from a Cardinal
Bank account is required to obtain this product at this rate. Available for principal residences only located in Northern Virginia, Washington, D.C., and
Montgomery and Prince George’s counties in Maryland. Cooperatives and purchase money loans are not eligible. Rates apply to loan-to-value ratios of up
to 80% when the appraised value is $750,000 or less and 75% when the appraised value is $750,001 to $1,250,000. Property insurance is required. No
closing costs offer is for lines up to $250,000