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Home Equity Loan Rates - APR

0-5 Year Term			6.50% with payment deduction from a ParkeBank Account.
6-10 Year Term			6.75% with payment deduction from a ParkeBank Account.
11-15 Year Term			7.25% with payment deduction from a ParkeBank Account.
Prime Home Equity Lines of Credit			Prime Floating - Current Prime Rate 5.00% (Parke Floor of 5.00%) (Ceiling of 16.00%)
Prime minus Home Equity Line of Credit			Prime - 1.00% Floating Currently 5.00% (Parke Floor of 5.00%) (Ceiling of 16.00%)
NOTES: Add .50% to Rate if payments are not deducted from a ParkeBank Account Prime minus Home Equity Line of Credit requires minimum $25,000 loan balance plus $5,000 deposit account Home Equity Loans over $250,000 require Title Insurance, Appraisal and fees may also apply