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Equity Express^SM Home Equity Line of Credit

Let us help your home work harder for you!

Make the most of your home's stored value with an Equity Express credit line for home improvement projects, bill consolidation, a well-deserved vacation – almost anything at all.

Features:

• Low interest rates – Starting at prime
• No points* or closing costs for most owner-occupants*
• No annual fee – Whether you use your line or not*
• Affordable interest-only monthly payments during 10-year draw period*
• Long 20-year repayment period, which allows you to fully repay your balance with principal and interest monthly payments up to 20 years*
• Interest may be tax deductible¹
• Option to fix your rate on all or portions of the outstanding balance**
• $10,000 to $500,000 lines of credit available based on home equity
• Access to funds by check, Visa credit card and online banking
• TravelAwards Plus^SM – enroll and earn points on card purchases²

1. Consult your tax professional regarding the deductibility of interest.

2. Participation in the TravelAwards Plus program is optional; cost is $50/year (waived for first year). TravelAwards Plus Terms and Conditions apply.

See How Equity Express^SM compares to the competition

Learn about the Secure and Fair Enforcement for Mortgage Licensing (S.A.F.E.) Act

1. * 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.