|Product||APR||Minimum Loan Amount||Initial Disbursement at Closing|
|Line of Credit* (10 Year Draw / 15 Year Repayment)||5.50%||$20,000||N/A|
The annual percentage rate (APR) is accurate as of: May 20, 2019
Make borrowing money as convenient as writing a check with BankNewport's Home Equity Line of Credit. A Home Equity Line of Credit keeps your loan funds available whenever you need them simply by writing a check. Other features include:
Minimum loan amount of $20,000
0.25% rate reduction with automatic deduction from a BankNewport BN Smart or BN Premium checking account.**
Apply online, email us at firstname.lastname@example.org or call us at 401.845.2265 or 877.709.2265 toll free for more information.