Every Dream Needs a Blueprint

Loans are subject to credit and property approval, bank underwriting guidelines, and may not be available in all states. Other loan programs and pricing may be available. Certain conditions, terms, and restrictions may apply based on the loan program selected. The term of the loan may vary based upon program chosen. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required.

*Consumer HELOC: Effective as of 04.01.24 and subject to change. The Annual Percentage Rate (“APR”) on 90% or less Loan to Value loans will be the highest Prime Rate (the index) published in the Wall Street Journal, plus our margin. As of 04.01.24, the APR was 10.25% for lines of credit from $5,000 to $25,000 and 8.75% for lines of credit $25,001 or greater and subject to change. The initial APR may be lower with automatic payment set-up from a Johnson Bank checking account and will be higher without automatic payment set-up from a Johnson Bank checking account. There is no limit on the amount by which the rate can change during any one‐year period. Rates may vary but will not exceed 18% and will not fall below 3.99% over the term of the loan. To be eligible, a minimum initial draw of $25,001 is required. For more information, please request our current interest rate, margin and rate limitations. Required closing costs related to a property appraisal, title insurance and other fees generally range from $500 to $2500 and are waived for lines of credit less than $250,000. A Recapture Fee may be charged in the amount of the lesser of 1% of your credit limit or $400 if closed within 3 years of the account opening. A non‐refundable annual fee of $50 will be charged each year after the first year. A maximum of two carve-out options at one time are available. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required. Interest on the portion of the credit extension that is greater than fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult a tax adviser for information regarding the deductibility of interest and charges.

*Private Banking HELOC: Effective as of 04.01.24 and subject to change. The Annual Percentage Rate (“APR”) on 90% or less Loan to Value loans will be the highest Prime Rate (the index) published in the Wall Street Journal, plus our margin. As of 03.04.24, the APR was 9.50% for lines of credit from $5,000 to $25,000 and 8.50% for lines of credit $25,001 or greater and subject to change. The initial APR may be lower with automatic payment set-up from a Johnson Bank checking account and will be higher without automatic payment set-up from a Johnson Bank checking account. There is no limit on the amount by which the rate can change during any one‐year period. Rates may vary but will not exceed 18% and will not fall below 3.99% over the term of the loan. To be eligible, a minimum initial draw of $25,001 is required. For more information, please request our current interest rate, margin and rate limitations. Required closing costs related to a property appraisal, title insurance and other fees generally range from $500 to $2500 and are waived for lines of credit less than $250,000. A Recapture Fee may be charged in the amount of the lesser of 1% of your credit limit or $400 if closed within 3 years of the account opening. A maximum of two carve-out options at one time are available. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required. Interest on the portion of the credit extension that is greater than fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult a tax adviser for information regarding the deductibility of interest and charges.