Consumer Lending
Please scroll down to review rates for Consumer Lending. We offer Home Equity Loans, PHEAA Student Loans, Personal (unsecured) Loans, Home Equity Lines of Credit, New and Used Auto Loans, Loans for Unimproved Land (lots) and more.   
The APR is accurate as of March 19, 2008 .

Home Equity Lines of Credit
Borrow the money you need whenever you need it simply by writing a check for your purchase. You pay interest only on the amount you actually use even though you may be approved for a higher amount. You receive a competitive rate and interest may be tax deductible. (Ask your tax advisor about any specific tax advantages for which you may qualify.) Here's what you get with a Home Equity Line of Credit:

 

 Home Equity Line of Credit:

  • Variable interest rate (currently based upon Wall Street Journal prime rate plus 0% for lines of credit of $10,000 or more)
  • Monthly statement of account activity
  • Initial supply of checks at no charge (25)
  • Credit line up to $150,000
 

FlexTerm Home Equity Credit Line:

FlexTerm Home Equity lines of credit allows you the flexibility to pay interest only during the first five years of your loan.

  • Variable interest rate (currently based upon Wall Street Journal prime rate minus 0.5% for lines of credit of $10,000 or more)
  • Monthly statement of account activity
  • Initial supply of checks at no charge (25)
  • Credit line up to $150,000

  Recording and satisfaction fees will be required and vary depending upon county regulations. Ask a FNB Palmerton Banker for details.  Available for residential property only.  This offer may be withdrawn at any time without further notice.

Type

 Term Annual Percentage Rate (APR)*

Monthly Payment Example

Home Equity** 
(rate with automatic 
debit)		 Up to
36
months		 5.625% Borrow at 5.625% for 36 months and make a low monthly payment of $30.25per month for every thousand borrowed.
Home Equity** 
(rate with automatic 
debit)		 37 to 60
months		 6.125% Borrow at 6.125% for 60 months and make a low monthly payment of $19.39 per month for every thousand borrowed.
Personal Loans**   rate with automatic 
debit)

 

 36
months		 12.99% Borrow at 12.99% for 36 months and make a low monthly payment of $33.68 per month for every thousand borrowed.
New Auto/Light Truck Loans** (minimum down payment of 15% of purchase price)         (rate with automatic 
debit)		 48
months		 6.50% Borrow at 6.50% for 48 months and make a low monthly payment of $23.71per month for every thousand borrowed.
New Auto/Light Truck Loans** (minimum down payment of 15% of purchase price)         (rate with automatic 
debit)		 60
months		 7.00% Borrow at 7.00% for 60 months and make a low monthly payment of $19.80per month for every thousand borrowed.
Unimproved Land "Lots" - First Mortgage Only**,*** (rate with automatic 
debit)		 60
months		 8.00% Borrow at 8.00% for 60 months and make a low monthly payment of $20.27per month for every thousand borrowed.
Unimproved Land "Lots" - First Mortgage Only**,*** (rate with automatic 
debit)		 84
months		 8.25% Borrow at 8.25% for 84 months and make a low monthly payment of $15.71 per month for every thousand borrowed.

* Additional terms and rates are available, and in some cases fees may be applied. Please contact our professional loan officers for more details. Rates may be subject to change without notice. 

** Conditions: Above rate assumes automatic debit of a First National Bank of Palmerton Checking or Statement Savings Account and will be a half percent higher without such an account. Maximum loan to value will be eighty percent. Limit of one free property report and flood report per loan. Additional reports, if needed, are at the customer's expense. 5.625% A.P.R. is a special rate requiring a new loan of $5,000 or more, or an increase of $5,000 to an existing loan. Loans that do not meet this requirement will be at the regular rate of 6.125% A.P.R.  and subject to fees, with automatic debit.

***All financing will be subject to a narrative-style land appraisal by a bank-approved Certified Appraiser. The maximum amount of financing shall be based on eighty percent of the appraised value or of the purchase price, whichever is less.

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