fixing up the home…
We Can Help!
Ask us about a Home Equity Line of Credit
as low as 3.75% APR
Subject to credit approval. Cannot be used for purchase money transactions. Available on 1-4 family owner-occupied properties only. Rate current as of 11/2/2017 and is subject to change without notice. This rate is applicable only to accounts with an automatic debit from a deposit account with The Middlefield Banking Company. Minimum APR is 3.75% and will not exceed the maximum APR of 24%. Rate is a variable rate APR based on the current Prime Rate as published in the Wall Street Journal and will be subject to change monthly. Use of the word “Prime” does not mean that the rate is the best or lowest rate offered by any lender. To determine the annual percentage rate we subtract a 0.50 percentage point margin from the value of the index. No loan origination (closing) fees. There is no early account closure fee. However, you may be responsible for reimbursement of certain costs paid on your behalf by The Middlefield Banking Company at time of account opening if loan is closed within 36 months of account opening. Annual fee of $50.00 beginning on the first anniversary date. Proof of Property and Hazard Insurance is required. Consult your tax advisor for the deductibility of interest.
- Lending up to 85% of home’s value (less the first mortgage)
- Little to no out-of-pocket closing costs for customer
- $50 annual fee
- Quick closing by direct decision makers
Let one of our experienced lenders show you how competitive we can be and why ours is the relationship you keep! To reach one of our offices ... call them today, or click on their name to find out where that office is.
Northeast Ohio 888.801.1666
- Beachwood 216.359.5580
- Chardon 440.286.1222
- Cortland 330.637.3208
- Garrettsville 330.527.2121
Lake County Loan
- Mantua 330.274.0881
- Middlefield - Main Branch 440.632.1666
- Middlefield - West Branch 440.632.8113
- Newbury 440.564.7000
- Orwell 440.437.7200
- Solon 440.542.3789
- Twinsburg 330.425.3033
Central Ohio 888.801.1666