3.49% Fixed APR until 3/31/2021 on initial advance taken at closing! 4

Utilize the equity you have built at home to get into funds for major expenses having a 10 line of credit followed by a 20 year repayment period year.

To be able to make use of this offer, you will have to turn into a PenFed Member

To be a known user, you will need just meet two needs:

1. Determine your eligibility

2. Start a share that is regular with at least $5

Owner Occupied Homes

70% or Less CLTV

Variable % APR _{(Prime +. 25%)}

70.01% to 80per cent CLTV

Variable % APR _{(Prime +. 50%)}

80.01% to 85per cent CLTV

Variable % APR _{(Prime + 1.00%)}

85.01% to 90percent CLTV

Variable % APR _{(Prime + 1.5%)}

1 Prime speed is percent at the time of. There was a minimal price floor of percent APR and a maximum price of percent APR.

Non-Owner Occupied Homes

80% or Less CLTV

Variable % APR _{(Prime + 1.5%)}

2 The Loan to Value(LTV) is capped at 75% in TX.

3 Prime Rate is percent as of. There was a minimal price flooring of percent APR and a maximum price of percent APR.

4 The fixed price is qualified to receive all true home Equity 10/20 applications received by 3/31/20. This offer is just designed for improvements prepared in the time the house Equity account is opened. If your stability is staying from the advance on 4/1/2021 the rate shall return to your note rate.

FEATURES & ADVANTAGES

• Loans from $25,000 – $500,000
• 10 draw period and 20 year repayment period year
• Interest only repayments during 10 year draw duration
• Change from a adjustable to a rate that is fixed all or a few of your credit line

• PenFed pays most costs that are closing †

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