Southern Indiana Living MayJune 2017
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INTRO<br />
FOR<br />
Home Equity<br />
FLEXLINE 0.99 % APR* 90<br />
RATE<br />
DAYS<br />
VISIT YOUR LOCAL BRANCH FOR DETAILS<br />
AS LOW AS<br />
3.74 % APR*<br />
AFTER INTRO PERIOD<br />
WESBANCO.COM<br />
Kentucky: 3rd Street Bardstown • Blankenbaker • Brandenburg • Cedar Grove • Eastpoint • Flaherty • Ft. Knox (Drive-Thru) • Hillview<br />
John Rowan • Mount Washington • Pear Orchard • Radcliff • Ring Road • Riverfront Plaza • Shepherdsville • Sir Barton Way<br />
St. Matthews • Stony Brook • Tates Creek Road • Vine Street • West Dixie<br />
<strong>Indiana</strong>: Austin • Evansville • Floyds Knobs • Jeffersonville • New Albany • Scottsburg • Sellersburg<br />
*<br />
The introductory Annual Percentage Rate (APR) of .99% is available on a new Home Equity Line of Credit for 90 days (not applicable for new WesBanco FlexLines that are paying off an existing WesBanco<br />
loan or line). After 90 days, the APR during the draw period will vary based on Wall Street Journal Prime Rate plus or minus a margin and may change monthly (currently the APR is as low as 3.74%). The<br />
margin is based on the home’s loan-to-value (LTV) ratio, line amount and borrower credit score. The post introductory rate quoted is available as of 4/01/<strong>2017</strong> and is based on current WSJ Prime of 4.00%<br />
minus .01% on lines with LTV of 80% or less, a credit score of 740+, and a minimum line of $50,000; includes a discount of .25% for optional automatic payment from a WesBanco checking account.<br />
Maximum APR: 18%. Origination fee of $150 may apply. Annual participation Fee of $50.00 may apply. Late Fee & Over the limit Fee: Maximum amount provided for by governing state law. Prepayment of<br />
all or a portion of principal may be made at any time; however, if you prepay the loan within three (3) years of the date of the Agreement, the Bank shall charge a prepayment penalty equal to the<br />
lesser of 1% of the original principal amount of the loan or $350.00. Prepayment penalty waived if refinancing with WesBanco and not applicable in Pennsylvania. Property insurance is required on<br />
the property securing a WesBanco Home Equity Line. Minimum amount financed - $5,000. Offer can be changed at any time without prior notice. All loans subject to credit approval.<br />
May/June <strong>2017</strong> • 46
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