*After the 6-month introductory period, your APR (annual percentage rate) will be calculated based on index plus a margin. The index is Prime Rate and is published by the Wall Street Journal. As of January 2, 2025, Prime Rate was 7.50%. The margin will be based on your credit score. The APR is variable and subject to change periodically with a change in Prime Rate. The APR will never be less than 3.50% per annum nor more than 18.00% per annum. Except as limited by these minimum and maximum amounts, there is no limit on the amount the APR can increase or decrease. Loans subject to credit approval and program guidelines. Other loan programs may be available. Property securing the loan must be an owner-occupied principal residence located in the state of Wisconsin. Credit limits over $500,000 are ineligible for the introductory rate. Refinancing of current Park Bank HELOCs must be increased by at least $30,000 to qualify for the introductory rate. Closing costs, including title insurance, appraisal fee, and other fees, may be required and generally range from $375-$975. A non-refundable annual fee in the amount of $50 will be charged annually after the first year. Adequate property insurance is required. If the collateral is determined to be in a Special Flood Hazard area, adequate flood insurance will be required. You should consult a tax advisor regarding the deductibility of interest and charges for the account. Interest rates and program terms are subject to change without notice.
