Loan Rates

All rates are subject to change without notice.

¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term.

² Purchase money rates listed. For non-purchase money loans, add an additional 2.00% APR. 

Payment example based on a $10,000 loan: $191.83 at 7.24% APR with a 63-month term; $167.88 at 7.49% APR with a 75-month term.

All rates are subject to change without notice. Henrico will obtain a valid first or second lien position on the consumer’s dwelling. Adequate property insurance is required. If you close your Home Equity Line of Credit Plan and satisfy the security instrument within 12 months of the Plan's opening, you will reimburse us 100% of the closing costs we paid on your behalf. If you close your Home Equity Line of Credit Plan and satisfy the security instrument within 13-36 months of the Plan's opening, you will reimburse us for part of the closing costs we paid on your behalf by paying us a partial reimbursement fee of $350.00. If you decide not to enter into this plan within three business days of receiving this disclosure and the home equity brochure, you are entitled to a refund of any fee you may have already paid.
¹Actual rate will vary depending on the applicant’s credit ratings and length of the loan term. 
²You may draw against your credit line any time during the first five years after closing. 
³APR may vary, minimum APR is 3%, maximum APR is 16%.
⁴Maximum loan amount is $25,000 or less when LTV exceeds 80%
⁵Payment example based on a $10,000 loan: $109.98 at 5.74% APR with a 10-year term; $83.20 at 5.74% APR with a 15 year-term; $71.78 at 5.99% APR with a 20-year term; $61.69 at 6.24% APR with a 30-year term.