but not as exciting as
winning a year
A great rate on an
Equity Line for
the life of your loan
and a chance to win CA$H.
Today’s Variable Floating Rate
Variable Rate Based on
Wall Street Journal Prime
» Visit any branch
» Call 800.773.5601
» Visit berkshirebank.com
What would you do?
Whether it’s for home improvements or repairs, planning a vacation, making a
major purchase, education or debt consolidation, a home equity line may be
right for you.
» No application fee
» No appraisal fee
» No closing costs**
» No gimmicks
» No teaser rate
Don't miss this exciting
Simply visit your local branch or
apply online before May 23 and
you’ll be automatically registered
Do you already have a Berkshire Equity Loan?
As a customer, you’ll be automatically entered to win.
What you can do
with a home equity line
is exciting . . .
berkshirebank.com Life is exciting. Let us help.
Banking products are provided by Berkshire Bank: Member FDIC. Member DIF. Equal Housing Lender. Berkshire Bank is a Massachusetts chartered bank. Product Terms: 20-year line of credit with a 10-year interest-only draw period, followed by a
10-year principal and interest repayment period. Annual Percentage Rate (APR) as of 3/11/14 is variable based on Prime as found in the Money Rate section of the Wall Street Journal and is floating during the life of the loan. The minimum APR can be no lower
than 3.25% and will never exceed 18.00%. The margins are as follows: For a loan amount of $15,000-$24,999, + 0.00%; for a loan amount of $25,000-$250,000, -.50%; for a loan amount of $250,001 or more, + 0.00%. Stated margins require a Berkshire
Bank checking account and $15,000 minimum draw into the Berkshire Bank checking account at closing. +.50% will be added to the margin for an approved bank policy exception. The following fees apply: an annual fee of $50; a minimum advance fee of
**No closing costs for loan amounts $250,000 or below. For lines exceeding $250,000, the customer pays the cost of lender’s title insurance, attorney fee over $250, and the portion of the N YS mortgage tax on the line amount exceeding $250,000. The bank pays the New York
State mortgage tax on line amount up to $250,000.
Loan approval is subject to underwriting criteria and subject to credit approval. Other restrictions may apply. First or second lien on 1-4 family residences and qualified second homes only. Offer does not apply to non-owner occupied properties, rehabilitation loans, or
manufactured housing. Homeowners insurance is required. Flood insurance may be required. Offer subject to change without notice. Interest may be tax-deductible. Check with your tax advisor.
NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. LEGAL RESIDEN TS OF CONNEC TICUT, MASSACHUSE T TS, NE W YORK AND VERMON T. VOID WHERE PROHIBITED. Sweepstakes ends 5/23/14. For Official Rules, prize descriptions
and odds disclosures, visit berkshirebank.com/HELOCSweepstakes.
$50 annual fee will be
waived each year for
for the life