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Equity Express^SM Home Equity Line of Credit

How Could You Resist A Rate This Low?

Our lowest rate ever comes with:

• No Closing Cost* - For most owner occupants
• No Annual Fee* - Whether you use your line or not
• Get Up to $500 to Switch* - If you have a home equity line with another financial institution switch to Equity Express and we'll give you up to $500!

How could 5 Minutes save you a bundle?
Bring in your current statement to any First Commercial Bank, N.A (USA) branch and we’ll calculate the potential savings on the spot. Isn’t 5 minutes worth the possibility of saving hundreds, even thousands, of dollars a year?

Use your Equity Express to:

• Improve your home with renovations or green appliances
• Consolidate high interest rate debts
• Pay for tuition and other education expenses
• Take a dream vacation

Click here for Terms and Conditions

Check out why 5 minutes matters in our new video!

This offer is available on new Equity Express applications received between 09/01/12 through 11/30/12 that fund by 12/31/12.

1. * Terms and Conditions - Annual Percentage Rate (APR) of 1.00% is fixed for the first twelve months from the date your new Equity Express^SM (EEX) Home Equity Line of Credit (HELOC) account is opened (Promo Period). Offer is for owner-occupant lines up to $250,000 on applications received 9/1/12 through 11/30/12 that fund by 12/31/12; requires automatic payment from an First Commercial Bank, N.A (USA) checking account; and is subject to change or discontinuation without notice. Other rates/terms are available for lines to investors or for lines over $250,000. Offer is not available to any existing FCBUSA HELOC account opened prior to 9/1/12 or when paying down/off any existing FCBUSA residential mortgage loan balance. After Promo Period, rate is variable. Current variable rate effective 9/1/12 is 4.50% APR, and is subject to change monthly based on the highest Prime Rate published in the Wall Street Journal, plus a margin (subject to the floor rate of 4.50%; maximum APR is 18.00%). Optional TravelAwards Plus^SM feature costs $50 per year and is waived for the first year. A $500 fee will be assessed if EEX is closed or credit line is reduced within the first three years. EEX must be secured by fee simple property located in California. Fire, hurricane and flood (if in flood hazard zone) insurances are required at homeowner’s expense.

   
   

      For owner-occupant EEXs up to $250,000, FCBUSA will pay or waive fees and costs for flood certification, bank’s title insurance, escrow, credit report, trust review, condo review, mortgage recording, notary, recording fee for the release of third-party mortgage, and valuation; however, at their own cost, customers may request an appraisal at an estimated cost between $500 and $1,200. For owner-occupant EEXs up to $250,000, receive a credit of up to $500 at loan closing to offset a third-party lender’s early closing fee when you make an initial advance on your new EEX to payoff your existing home equity line balance of at least $10,000 with that third-party lender. This early closing fee must be assessed and identified by the third-party lender through its payoff procedure in order to receive the credit at loan closing. For owner-occupant EEXs up to $250,000, if no early closing fee is assessed by third-party lender or if payoff of existing home equity line by third-party lender is less than $10,000, receive $100 at loan closing when you close your existing line with another lender to open your EEX.

   
   

   **  EEX credit line may include a fixed rate feature which applies to Fixed Rate Equity Loan Options. The Fixed Rate Equity Loan Options may be added upon your request, provided that you and all named borrowers on the Equity Express account execute the Equity Express with Fixed Rate Equity Loan Options Addendum to the Equity Express Credit Agreement.