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• *20-year draw period followed by a 20-year repayment period for owner occupied properties. No closing costs except for cooperatives and properties held in a trust. $40 Annual Fee is waived for the first year. Early termination fee of $250 or 2% of the HELOC's credit limit, whichever is less applies if Line terminates within 12 months of closing. Maximum loan-to-value (LTV) of 80% of appraised value. Properties valued at over $1 million may be subject to a lower LTV. The Annual Percentage Rate (APR) varies daily, is based on the Prime Rate as listed in the Wall Street Journal (Prime) plus or minus a margin, and will also depend on the amount of the home equity line of credit that we approve. However, the APR will not be less than 3.00% APR or more than 18% APR. As of 7/29/2022 the Prime Rate is 5.50% APR. Minimum Line of Credit is $25,000. For home equity lines of credit of $25,000 to $749,999, the APR will be Prime minus .25%, currently 5.25% APR. For lines of $750,000 to $1,499,999, the APR will be Prime plus 0.00%, currently 5.50% APR. APRs reflect a .25% auto-pay discount from a Brookline Bank checking account. Other rates, terms, conditions and restrictions apply. Offer subject to change without notice. Credit approval required. NMLS ID #715671.