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Consumer Loan Rates

Within all tables below, APR means Annual Percentage Rate.

Rates as of February 10, 2016


Fixed Rate Loan Products

 Loan TermMinimum Loan AmountMaximum Loan AmountAPR with auto deduction from PLB account (H)Maximum APRLoan to Value RatioFees
Secured
Loans- 2nd Lien Position
   
    
Home Equity Loan (G)3 years$10,000$1,000,0003.99%N/A80%Document Preparation Fee $150
 5 years$10,000$1,000,0004.49%N/A80%Document Preparation Fee $150
 10 years$10,000$1,000,0004.74%N/A80%Document Preparation Fee $150
 15 years$10,000$1,000,0004.74%N/A80%Document Preparation Fee $150
Secured Loans-1st Lien Position: Call 888-795-7366 for current Annual Percentage Rates.      
Auto Loans      
New Automobile Loan (A)3 to 5 years$2,000$50,0008.00%N/A100% Valuenone
Used Automobile Loan (A)2 to 4 years$2,000$50,0009.00%N/A100% Valuenone
Unsecured
Loans
       
Personal Loan3 to 5 years$5,000$25,00013.25%N/AN/Anone

 

Variable Rate Line of Credit Products

 Minimum Line AmountMaximum Line AmountAPR %Margin (J)Maximum APRLoan to Value Ratio %Fees
Equity Line of Credit(1) (G) (J) - Secured$10,000$1,000,0004.50%Prime18.00%80%Document Preparation Fee $150. Annual Fee $50.
Convertible Line of Credit (2) (G) (J) - Secured$25,000$350,0004.75%Prime +0.25%18.00%80%Document Preparation Fee Fee $150. Annual Fee $50.
Freedom Line of Credit  (1) (H) (G) (J)$10,000$1,000,0004.24%Prime +0.74%18.00%80%Document Preparation Fee Fee $150. Annual Fee $50.
Liberty Line of Credit (1) (B) (G) (J) - Secured$10,000$1,000,0004.25%Prime -0.50%18.00%80%Document Preparation Fee $150. Annual Fee $50.
Swing Line of Credit (D) - Secured$50,000$500,0005.50%Prime +2.00%18.00%75%-80%$350 Application fee plus 0.50% orgination fee.
Personal
Line of
Credit - Unsecured
(J)
$3,500$25,00010.00%Prime +6.00%18.00%N/AAnnual Fee $25

  APR is subject to change up to the maximum stated throughout loan term.
Annual Percentage Rate (APR) assumes automatic deduction from a Penn Liberty Bank checking or savings account.

 

Fixed Rate Line of Credit Products

 Minimum Line AmountMaximum Line AmountAPR %Margin (J)Maximum APRLoan to Value Ratio %Fees
Overdraft Line of Credit- Unsecured$500$25,00018.00%N/AN/AN/AAnnual Fee $25

 

Other Loan Products

ProductMinimum
Amount
Maximum AmountAPR%Fees
Collateral Loan$500up to 100% of collateral balanceThe higher of 3.00% above collateral OR 5.00% minimumnone

Annual Percentage Rate (APR) assumes automatic deduction from a Penn Liberty Bank checking or savings account.

Loan DescriptionPayment per $1,000 borrowed (K)
3 Year Home Equity Loan$29.52
5 Year Home Equity Loan$18.64
10 Year Home Equity Loan$10.48
15 Year Home Equity Loan$7.77
5 Year New Auto Loan$20.28
4 Year New Auto Loan$24.89
5 Year Personal Loan$23.14
3 Year Collateral LoanBased on the minimum APR of 5.00%,
the payment per $1,000 is $29.97

Prime Rate since December 17, 2015  3.50% 

* Maximum Loan amount may be adjusted downward based on Loan to Value Ratio.
(A) Used Auto Loans are available for automobile models of the last two calendar years only. Insurance required.
(B) Must have automatic payment from a Penn Liberty Bank checking or savings account.
(1) Interest only option available. Billed interest only for first 5 years then converted to our standard 15 year line of credit (1/180 principal monthly plus interest)
(2) Convert outstanding balances of $10,000 or more to fixed Home Equity Loan rates up to 3 times during the first 5 years of the Line of Credit term at the APRs offered at time of conversion request. No conversion fees are charged.
(D) LTV varies in relation to agreement of sale.  With agreement of sale, LTV is 80%, without agreement of sale, LTV is 75%.  Origination fee is 0.50% of line amount, minimum of $750 applicant pays for appraisal, 6 month term, interest only payable monthly, principal due at maturity.
(E) Loan to Value may be less.
(F) Interest only payments. Maximum term 6 months.
(G) All Home Equity Loans and Lines of Credit require property insurance.
(H) APR without automatic payment deduction for Personal Loans, and Freedom Line of Credit is .50% higher, all other loan APRs are .25% higher.
(J) Minimum APR: Home Equity Line of Credit: 4.50%, Convertible Line of Credit: 4.75%, Liberty Line of Credit: 4.25%, Freedom Line of Credit: 3.99% with automatic payment, Freedom Line of Credit: 4.49% without automatic payment, Swing Line: 5.00%, Personal Line of Credit 10.00%.  
(K) Payment amounts do not include taxes or insurance premiums therefore payments will be greater. 

All consumer loans and lines of credit are subject to credit approval. Rates offered may be withdrawn without prior notice.

For questions, please call any Penn Liberty Bank branch or Customer Service at 888-795-7366.

 

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