Home Equity Loans

Rates Effective as of Monday, February 06, 2012

Rates and terms subject to change without notice and are valid for Maryland residents only.

Total Control Home Equity Line of Credit2
Line of Credit Amount	APR1
Up To $500,000	Prime Rate minus 1/4% (up to 80% LTV)

Prime rate is 3.25% as of 12/16/08 according to the Wall Street Journal.
Floor is 4% up to 80% LTV and ceiling is 24%

¹ Annual Percentage Rate

² For Total Control Home Equity Lines of Credit of $250,000 or less with LTV's of 80% or less, closing costs are paid by the Bank and are subject to recapture in the event interest paid in the first three years of the loan does not exceed the closing costs. For lines over $250,000 or loans over 80% LTV, closing costs are paid by the customer, and range from $550-$6,200 primarily based on loan amount and property location.

Fixed Rate Loans – Up to 80% LTV - Maximum Loan Amount: $500,0002
Term	Rate	APR1	Monthly Payment per $1,000 Borrowed
5 Years	5.750%	5.782%	$19.22 (60 months)
10 Years	6.000%	6.017%	$11.10 (120 months)
15 Years	6.250%	6.262%	$8.57 (180 months)

¹Annual Percentage Rate

² For fixed rate loans, closing costs range from $550-$6,200 primarily based on loan amount and property location.

Unlock the equity in your home to make home improvements, buy a car, cover tuition, or to consolidate other high-interest debt.

Bring your home equity loan home to BCSB and find out why our loans are just right for you:

• Fixed rate loans or variable rate lines of credit
• Terms to meet your needs
• Closing costs paid by the Bank on lines of credit of $250,000 or less, with 80% LTV or less, for qualified customers.

Our convenient Debt Consolidation Calculator and Tax Benefits Calculator can help you decide on the loan that’s right for you.

Call 410.256.5000 or click here to have a loan officer contact you.

Click here to view our loan officer Nationwide Mortgage Licensing System registration identification information.

Home Equity Fixed Rate Loans
APR means Annual Percentage Rate. APR is based on the minimum loan amount of $100,000. Rate is based on the latest U.S. Prime Rate as published in the Wall Street Journal as of the first business day of the month, plus a margin based on the term. The margins are 2.50% for a five-year term, 2.75% for a ten-year term, and 3.00% for a 15-year term. As of 3/1/11 the Prime Rate was 3.25%, which would result in a rate of 5.75% for a five-year term, a rate of 6.00% for a ten-year term, and a rate of 6.25% for a 15-year term. The maximum loan amount is 80% of your homes value, less the outstanding first mortgage, with a maximum loan amount of $500,000. Closing costs range from $550 to $6,200, based primarily on loan amount and property location. Offer valid on primary, single-family, owner-occupied properties in Maryland only, and is subject to change without notice. Adequate property and flood insurance may be required. Approval is subject to BCSB’s normal underwriting standards. Consult your tax advisor regarding deductibility of interest and charges.

Total Control Home Equity Lines of Credit
Annual Percentage Rate (APR) may vary monthly based on the latest U.S. Prime Rate as published in The Wall Street Journal as of the first business day of the month, minus ¼%. The minimum APR or floor is 4.00%. The maximum APR or ceiling is 24.00%. The maximum loan amount is 80% of your home’s value, less the outstanding first mortgage, with a maximum line of credit of $500,000. As of 3/1/11 the Prime Rate was 3.25%, which would result in an APR of 4.00% (due to the floor) based on a loan amount of $100,000 with a maximum 80% LTV. The line of credit provides a 30-year term with a 15-year draw period and a 15-year repayment period. For lines of $250,000 or less, the closing costs are paid by the bank, and are subject to recapture in the event interest paid in the first three years of the line does not exceed the closing costs. Closing costs apply to lines over $250,000 and range from $550 to $6,200, based primarily on loan amount and property location. Borrower has the option to create three fixed rate lock loans, at a minimum of $5,000 each, from the line of credit during the 15 year draw period. A written request is required to process a lock. The APR for each lock is based on the latest Prime Rate plus a margin based on the term. The margins are 2.50% for a five-year term, 2.75% for a ten-year term, and 3.00% for a 15-year term. As of 3/1/11 the Prime Rate was 3.25%, which would result in an APR of 5.75% on a five-year lock, an APR of 6.00% on a ten-year lock, and an APR of 6.25% on a 15 year lock. Offer valid on primary, single-family, owner-occupied properties in Maryland only, and is subject to change without notice. Adequate property and floor insurance may be required. Approval is subject to BCSB's normal underwriting standards. Consult your tax advisor regarding deductibility of interest and charges.