Home Equity Loan

Fixed Rate Home Equity Loan Specials
Home Equity Installment loan for 5 years with an APR of 5.79% and 10 years with an APR of 5.99%, offer is valid April 3 through June 30, 2023, subject to change without notice. Standard underwriting criteria apply. Property must be located in the ACNB Bank service area. The Annual Percentage Rate (APR) is effective as of April 3, 2023, but may be modified or discontinued without notice. The minimum loan amount is $20,000. The interest rate for your loan is based upon your creditworthiness. New money requirement of 15% of loan amount with up to 90% loan-to-value. Payoffs to existing debt with ACNB is not considered new money.  Disbursements for all payoffs will be done on the 4th business day after closing by the Bank via check or wire.  Maximum loan amount is $250,000. With an APR of 5.79%, the monthly loan payment is $384.71 for $20,000 borrowed for a term of 60 months.  With an APR of 5.99%, the monthly loan payment is $221.94 for $20,000 borrowed for a term of 120 months. The loan amount is up to 90% loan-to-value with a rate increase of .15%.  Property insurance is required. Payment must be automatically deducted from an ACNB Bank checking or statement savings account. Rate will increase .20% if auto draft is not used. Fees (Flood Certification, Lien Search, Automated Valuation Model (AVM), Property Condition Report (PCR), mortgage recording and wire fee), will be waived if applicant has or opens an ACNB Bank Checking or Statement Savings account with recurring direct deposits.  For those applicants that do not have direct deposit, fees (Flood Certification, Lien Search, Automated Valuation Model (AVM), Property Condition Report (PCR),  mortgage recording and wire fee), will be waived if the applicant has or opens an ACNB Bank checking account and completes, within the first 60 days, 1.) Establish a Mastercard® debit card and conduct 10 unique transactions, and 2.) Enrollment in online banking.  If the requirements are not met within the first 60 days, the loan fees will be added to the principal balance of the loan.  The applicant will be responsible for paying the appraisal fee, and Maryland Recordation Tax, if necessary.  If the applicant has an ACNB Checking or Savings Account, a $100 lender credit will be given towards the appraisal fee.  If we are unable to determine the property value with an Automated Valuation Model (AVM) and Property Condition Report (PCR), the Bank may be required to order an appraisal. Subject to appraisal requirements.  For properties located in the state of Maryland, recordation tax applies. Appraisal, and Maryland Recordation Tax fees will not be waived and the applicant will be responsible for these costs. Other rates and terms are available.

5-Year Lock Home Equity Line of Credit Special
Standard underwriting criteria apply. Property must be located in the ACNB Bank service area. At the Bank’s discretion, interest rates may change at any time without notice. The APR (Annual Percentage Rate) is fixed for the first 60 months, and then converts to a variable rate. As of May 4, 2023, the variable APR is based upon The Wall Street Journal Prime Rate plus .74% was 8.99%. The maximum APR is 18.00%. APR based upon line of credit up to 80% loan-to-value/90% loan-to-value with 0.15% rate bump. The interest rate for your line is based upon your creditworthiness. The payment must be automatically deducted from an ACNB Bank checking or statement savings account. Your minimum payments may not be sufficient to fully repay the principal that is outstanding on your line at the end of the term. If they are not, you will be required to pay the entire outstanding balance in a single payment. The prepayment penalty for home equity lines of credit terminated in the first 36 months is 2% of the credit limit or $350, whichever is less. Property insurance is required and all fees are charged. Subject to appraisal requirements. If we are unable to determine the property value with an Automated Valuation Model (AVM) and Property Condition Report (PCR), the Bank may be required to order an appraisal. The cost of the appraisal will be the applicant’s responsibility. If the line request is over $250,000, title insurance may be required and if so, the fee will be the applicant’s responsibility. In addition to the information above, for properties located in the state of Maryland, mortgage recordation taxes will be paid by the borrower. Other rates and terms are available.