Home Equity Loans

Equity Choice Lines of Credit

Minimum $7,500.00
TypeTermRateCap Rate
Variable Choice15 - 20 YearsHighest Wall Street Prime + 0.00. Floor Rate 3.99%14.75%
Fixed Choice1 - 60 MonthsPrime + 2.25%14.75%
61 - 120 MonthsPrime + 2.25%14.75%
121 - 180 MonthsPrime + 2.75%14.75%

Fee: None for loans of $100,000 or less. Loans of over $100,000, STC will pay the NYS mortgage tax up to $100,000 and the customer will pay anything over that amount. No closing cost.*


*If the loan is closed within 3 years after opening date, customer must reimburse the bank any closing costs paid to third parties in connection with opening this loan, unless the closed loan results in a new STC Home Equity.

Home Equity Loans - Fixed Rate

Minimum $7,500.00
TermRate
1st & 2nd Lien (with STC)2nd Lien (1st with another institution)
1 - 60 Months4.10%6.10%
61 - 120 Months4.375%6.375%
121 - 180 Months4.50%6.50%

Fee: None for loans of $100,000 or less. Loans of over $100,000, STC will pay the NYS mortgage tax up to $100,000 and the customer will pay anything over that amount. No closing cost.*


*If the loan is closed within 3 years after opening date, customer must reimburse the bank any closing costs paid to third parties in connection with opening this loan, unless the closed loan results in a new STC Home Equity.