*APR is the Annual Percentage Rate. The bank offers home equity lines of credit with variable APR as low as 3.75% (as of 5/27/20), on line amounts of $50,000 or greater". Term is a 10-year draw/interest-only period followed by a 10-year fully amortized repayment. Rates quoted assume excellent borrower credit history. We will set your initial variable APRs based on your individual circumstances, including your credit history, loan amount, and our internal credit criteria. Line of credit rates are variable and will be calculated by adding a margin to the Wall Street Journal Prime Rate as published in the Wall Street Journal. The Wall Street Journal Prime Rate was 3.25%. APR range is 3.74% -10.24%. Maximum APR is 18%. All loans and lines of credit are subject to credit approval, verification, and collateral evaluation. Rates and terms are subject to change without notice. Other terms available. The maximum line plus other liens cannot exceed 80% of the home’s fair market value. Offer does not include manufactured homes. Broadway Bank must have a valid first or second real estate lien under Article XVI, section 50 (a)(6) of the Texas Constitution. The property must be your primary residence and occupied by you. Property insurance will be required including flood insurance where applicable. Standard closing costs of $250-$350 may include a title search, credit report, flood certification, property inspection and filing fees. Other closing costs can range from approximately $500 (on lines up to $250,000) to $4,000 (on lines greater than $250,000 up to $350,000). You will receive a lender credit of $200 toward closing costs. Minimum line amount is $25,000. Minimum advance is $4,000. Lending area and other restrictions apply. Member FDIC.