HOME EQUITY LINE
PRIME FOR LIFE
0/
/0
APR
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For example: Minimum monthly payment
$210 based on a $30,000 outstanding balance.
"Prime for,Life otter require, Home Equity Line of Credit ut 530,000 or more
and loan-to-value of 80% or less. The current variable APR will range between
8.50% and 12.25% depending on the equity in your home and the amount
borrowed. Home Equity Line payment example based on current prime rate
of 8.50r.. APR. line of 530,000 or more, Sir. or less loan-to-value and interest-
only minimum payment. APR is subject to change monthly, and not to exceed
21".. in Illinois and Indiana and 25% in Michigan. A S100 repricing tee will
be charged for refinancing an existing First of America Home Equity Line.
Property insurance is required. An annual fee of 530 may be assessed:
this fee is currently waived for the first year.
HOME EQUITY LOAN
O
APR
■
As your daughter begins her new life, give her the kind of
wedding reception she'll althays remember with the help of a
First of America Home Equity loan or line of credit. Or, you can
use the equity in your home to consolidate your high-interest
credit card bills into one low monthly payment, buy a car or finance
**
0
For example: No payment for 90 days.
$295 monthly payment on a $30,000 loan for 15 years.
an education. Plus, the .interest you pay may be tax-deductible.
To apply, stop by your nearest First of America office,
call us 7 days a week at 1-800-347-LOAN (5626), or visit
our Web site at wwwfirstofamerica.com . Do it today, and take
control of your family's future.
"Offer expires 7131;98. Refinancing of a First of America loan requires a
SI0,000 addition to loan balance. Home Equity Loan payment example includes
an additional 1/4% off the loan rate for automatic deduction of loan payment
from an FOA checking or savings account, plus principal, interest and pro&ssing
fee. Flume Equity APR based on a 8U%. loan-to-value and a loan amount
of 530,000 or more. Home Equity loan rates may vary depending upon
amount financed and equity percentage.
FIRST °F AM Ell Cik e
Consult your tax advisor regarding the deductibility of interest. Offers not
available in conjunction with other discounts. Equal Housing
Lender. First of America Bank Corporation. For individuals with a (1/4),,.
it= Zin""
TDD device, service is available M-F from 9-5 EST at I-800-289-16N.
A National City Company
www.firstofamerica.com • Member FDIC • ©1998, National City Corporation
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36 months
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H
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