Home Equity Lines of Credit Sample Clauses

Home Equity Lines of Credit. There is no minimum credit advance on home equity lines of credit. The maximum credit advance cannot exceed the amount permitted by the Consumer Loan Agreement governing the home equity line of credit.
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Home Equity Lines of Credit. A home equity line of credit is a type of Consumer Loan and the only type of Consumer Loan from which you may make an advance using Online Banking. There is no minimum advance amount from your home equity line of credit with us. You may only make an advance by transferring funds from your home equity line of credit with us to a checking account with us. The maximum advance amount cannot exceed the amount permitted by the Consumer Loan Agreement governing your home equity line of credit.
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Home Equity Lines of Credit. For new Home Equity Lines of Credit the client may be eligible for an introductory six (6)-month fixed rate. Line subject to credit and property approval. Fee Waiver on Mortgage Loans Preferred Banking clients may receive a waiver of certain mortgage origination fees. Mortgage loans are subject to credit and property approval. Mortgage Relationship Pricing Preferred Banking clients may receive a discount on their mortgage based on the overall relationship with City National. Foreign Currency Service4 When you order foreign currency for your traveling needs, simply identify yourself as a Preferred Banking client for the Preferred rates on foreign currency exchange services. Up to 25 Qualifying Commission-Free Online Equity Trades Preferred Banking clients with a Brokerage Account with CNS qualify for commission-free online equity trades for the first 25 online trades of $5 or more per share and no more than 5,000 shares per trade during each 12-month period or per year, subject to CNS terms and conditions. Offer available to one (1) CNS self-directed online Brokerage Account associated with each Preferred Platinum Checking Account.5 CNS Advisory Program Discount New Preferred Banking clients with new balances of over $1,000,000 invested in a CNS Advisory Program with CNS qualify for a 10% discount. CNS Brokerage IRA Discount Preferred Banking clients with a Brokerage Individual Retirement Account receive a waiver of the annual IRA maintenance fee. No Fee Cashier' s Checks When you purchase cashier's checks in our branches, simply identify yourself as a Preferred Banking client and the associated fees will be waived. No Fee City National Bank Visa® Gift Card When you purchase gift cards in our branches, simply identify yourself as a Preferred Banking client and the associated fees will be waived. Visa Signature® Credit Card with City National Rewards® Preferred Banking clients may apply for a Visa Signature Credit Card with City National Rewards. Card subject to credit approval. City National Online Preferred Banking clients can manage their accounts, bills and payments using City National Online or Direct Connect with Quicken®. Both are available with no additional fee.6
Sample 1
Home Equity Lines of Credit. Members’ Information Bulletin What is a Home Equity Line of Credit Many members own homes in which the value of the property is greater than existing mortgage debt. The difference between the value of the home and the mortgage debt is called equity. A new line of credit can be obtained, generally at a favorable interest rate, by offering to grant the lender a security interest (sometimes called a second mortgage) in the equity value of the home. This service is an open end line of credit designed for members interested in a Home Equity Loan with the convenience of a line of credit. Members are able to take advances as needed, rather than a lump sum. We offer two lines of credit, a variable rate and a fixed rate. The variable rate is tied to prime rate and may change only two times per year. Home Equity lines of credit can be used for any purpose such as home improvement, education, debt consolidation or other reasonable expenses.
Sample 1

Related to Home Equity Lines of Credit

  • CONCENTRATIONS OF CREDIT (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written asset diversification program consistent with OCC Banking Circular 255. The program shall include, but not necessarily be limited to, the following:

  • Line of Credit Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including April 2, 2015, not to exceed at any time the aggregate principal amount of One Million Five Hundred Thousand Dollars ($1,500,000.00) (“Line of Credit”), the proceeds of which shall be used to finance Borrower’s working capital requirements. Borrower’s obligation to repay advances under the Line of Credit shall be evidenced by a promissory note dated as of May 1, 2012 (“Line of Credit Note”), all terms of which are incorporated herein by this reference.

  • Credit Card If you choose to pay by credit card, you will be prompted to provide your credit card information and will be presented with a screen that reflects the amount of your subscription, the amount of fees that would be charged by the credit card issuer for the transaction and the total amount payable.

  • Credit Cards About 93% of graduating students report they have at least one credit card, including 29% who say they have two or more. Among those students who have credit cards, about 79% report they pay off their balance each month and, as such, their current credit card balance is zero; however, when asked what their current credit card balance is, just 37% say it is zero. Among those with an unpaid balance, the average credit card debt students have is $2,771. Table 47: Credit cards All students (n=14,760) Group University of Victoria (n=339) 1 (n=3,531) 2 (n=6,238) 3 (n=4,991) Number of credit cards (FIN1) None 7% 8% 7% 7% 4% One 64% 65% 62% 66% 65% Two 21% 19% 22% 20% 24% Three or more 8% 7% 8% 7% 8% Regularly pay off balance each month* (FIN2) Yes 79% 70% 81% 80% 77% Total credit card balance* (FIN3) Zero 37% 34% 37% 38% 39% $500 or less 14% 14% 13% 14% 12% $501 to $1,000 6% 6% 6% 7% 5% Over $1,000 10% 14% 8% 10% 10% Don't know 33% 32% 36% 31% 34% Average (those with credit card) $792 $1,176 $655 $753 $639 Average (those with unpaid balance) $2,771 $3,366 $2,395 $2,745 $2,334 * Total credit card balance and payment of the balance were asked of those who had at least one credit card.

  • Letters of Credit (a) The Letter of Credit Commitment.

  • Credit Line If your application is approved by us, this agreement will constitute a revolving line of credit for an amount which will be the credit line under your Account. We will advise you of the amount of your credit line. That amount will be the maximum amount you may have outstanding at any time. You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit line and if you exceed your Credit Limit repeatedly, we may suspend your credit privilege under this Agreement. We retain the right to increase or decrease your credit line at any time for any reason. Any increase of reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due under this Agreement and returned all Cards.

  • Transfer of Credit A minimum of 64 credit hours must be completed at four-­‐year institutions with completion of the final 30 hours of credit at Avila. Transfer students with an Associate of Arts -­‐ Graphic Arts from MCC will have junior standing at Avila.

  • Bank Financing The Buyer’s ability to purchase the Property is contingent upon the Buyer’s ability to obtain financing under the following conditions: (check one) ☐ - Conventional Loan ☐ - FHA Loan (Attach Required Addendums) ☐ - VA Loan (Attach Required Addendums) ☐ - Other:

  • Alternative Risk Financing Programs The County reserves the right to review, and then approve, Contractor use of self-insurance, risk retention groups, risk purchasing groups, pooling arrangements and captive insurance to satisfy the Required Insurance provisions. The County and its Agents shall be designated as an Additional Covered Party under any approved program.

  • Credit Check You are authorized, in your discretion, should you for any reason deem it necessary for your protection to request and obtain a consumer credit report for the Customer.

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