New Customer Incentive!
Open your home to new possibilities
Learn about TNBANK's 3 for 3
What you want can be yours, simply use your home's equity
3.00% APR for 3 years-variable rate thereafter
Current effective rate is 4.25% APR
May not refinance existing TNBANK debt
No purchase transactions or bridge loans. 80% max LTV
Owner Occupied Property located in TN
Existing Consumer Checking customer
Enrolled in E-statements & Online Banking
Monthly HELOC payment via auto-draft
Equal Housing Lender
Limited Time Offer. Subject to credit approval. $50 Annual Fee. If terminated within 34 months of account opening, a fee equal to the lender-paid closing costs will apply. Promotional interest rate of 3.00%, Annual Percentage Rate of 3.00%, is fixed for 3 years. After 3 years the variable rate will be equal to Wall Street Journal Prime, with a Floor Rate of 4.25%. Annual Percentage Rate may vary monthly after 3 years. The current Wall Street Journal Prime rate is 3.25%, and would be suject to the 4.25% Floor Rate. Maximum interst rate is 18.00%. Required minimum monthly payments are calculated by applying the interest rate in effect to the outstanding balance. Both the draw period and repayment period are 10 years. Line matures in 10 years; all outstanding balances are due at maturity. A balloon payment may result if principal reductions are not made prior to maturity. Hazard insurance is required. 401 S. Illinois Ave. Oak Ridge, TN. 37830. Member FDIC. Equal Housing Lender.