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Home Equity Term Loans and Home Equity Lines of Credit
 

American Bank’s home equity loans and lines of credit are tailored to meet your financial needs. Whether you’re buying a car, financing home improvements or college education, American Bank offers competitive rates and outstanding service.

HOME EQUITY PROMOTION -GOING ON NOW!
American Bank is currently offering a 4.99% APR* on a home equity loan. Choose your term - 5, 10 or 15 years.

* Annual Percentage Rate (APR) for the first 6 months is available when you open, or already have, an American Bank checking account. Offer is subject to normal credit qualification. Total loans against your home may not exceed 90% of its appraised value. Appraisal is required.

5 year term: 6.99% APR remainder of term for a composite APR of 6.601%.
10 year term: 7.24% APR remainder of term for a composite APR of 7.001%.
15 year term: 7.49% APR remainder of term for a composite APR of 7.299%.

Completed applications must be received no later than 12/31/08. Consult your tax advisor regarding the deductibility of interest.
 


For more information contact us at:
Metro: 651-643-8417
Albert Lea/Alden: 507-377-7000
Olivia/Renville: 320-523-1111



 

  Equal Housing LenderMember FDIC © 2005 American Bank of St. Paul