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Fixed Rate Home Equity Loans
| Term||Interest Rate||APR**|| Monthly Payment|
Per $1,000 borrowed
Fixed-rate, closed-end loan secured by primary residence. Property insurance required. Rates are for qualified applicants and offer subject to credit approval. Rates are contingent upon automatic payments made from a Mid Penn Bank checking account. Add 0.20% to rate if borrower does not elect to have payments automatically deducted from a Mid Penn Bank checking account. Monthly payment of approximately $17.96 per $1,000 borrowed. Payment amount does not include taxes and insurance; your actual payment obligation may be greater. Maximum loan-to-value = 80%. Maximum debt-to-income = 43%. All rates effective as of 07/31/2014 and are subject to change without notice.
*2.99% APR based on five-year (60 month) term. No fees charged at closing. Rate is effective as of 07/31/2014 and is subject to change without notice.
**Annual Percentage Rate
Home Equity Lines of Credit (10 Year Draw Period)
| Interest Rate||APR* ||Annual Fee|
|Variable = WSJ Prime
Maximum Rate = 21.0%
*Annual Percentage rate is equal to Wall Street Journal Prime rate. APR is variable and may increase or decrease monthly. APR includes a discount for automatic payment deduction from a Mid Penn Bank deposit account. Add .20% to the Prime Rate if borrower does not elect to have payments automatically deducted from a Mid Penn Bank deposit account. Maximum APR is 21.0%. Primary residence only. Property insurance is required. Maximum loan-to-value is 80%. Fees paid by the borrower generally range from $0 - $600. Consult a tax adviser for deductibility of interest. Offer subject to credit approval. All rates effective as of 1/30/15 and are subject to change without notice. This offer is available to existing home equity line of credit customers, subject to a processing fee. Other rates and terms available. NMLS ID# 514439
*Annual Percentage Rate