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2.99! Camden National New Home Equity Line of Credit

March 24, 2017

Camden National Bank:
Possibilities are endless with our Home Equity Line of Credit

A limited time offer!  2.99% APR* 
Introductory fixed rate for first 12 months on loans amounts of $35,000 or more.  3.75% APR** Variable thereafter

It gets better! Enjoy no annual fees and no closing costs, for loans under $250,000, when you set up an automatic payment from your Camden National Bank checking account prior to closing.  
For you 24/7: : 800-860-8821 or www.camdennational.com 

*APR (Annual Percentage Rate). This limited time offer will be available if you submit your application between March 6 and June 2, 2017. The terms of the offer (which are subject to change or withdrawal by us at any time) are as follows (1) Available only on new lines of credit with a minimum loan amount of $35,000 (2) A Camden National Bank checking account is required (3) Offer only for first and second mortgages on primary residences and second homes; mobile homes and seasonal cottages are excluded from this offer (4) A minimum draw of $20,000 is required (5) Loans $250,000 and greater you pay only title and appraisal fees (see disclosures for details) (6) Prepayment penalty of $450 if closed within 3 years (7) Loan product is available to qualified applicants who meet the Bank’s current loan underwriting guidelines (8) Other terms and conditions may apply.

**After the initial 12 months of the fixed interest rate of 2.99% APR, the non-discounted variable interest rate will equal the highest domestic “prime rate” published in the Wall Street Journal, Eastern Edition, plus 0% with a minimum floor of 3.50% APR. The prime rate from the Wall Street Journal was 3.75% as of 3/6/17.

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