Home Equity Loan: Metro’s special 2.99% APR introductory Home Equity Loan rate is applied to member loans for a six month period following approval. Following the introductory period, the rate becomes variable and is tied to the current Prime Rate for the remaining term of the loan (Floor Rate 5.00% Ceiling: 15.00%). As of 6/18/08 Current Prime Rate was 5.00%. Offer available on new HELOCs $20,000 or more, with approved credit. Borrow up to 95% of the existing equity in your home based on current tax valuation or appraised value. Appraisal fee may apply. Some restrictions apply. *Please consult tax advisor for deductibility.
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