National Bank of Commerce has a team of experienced mortgage lenders who can respond to your mortgage needs with approvals within 24 to 48 hours. Mortgage options include:

• Conforming conventional mortgages with terms up to 40 years
• Adjustable rates mortgages: 3/1, 5/1 7/1
• Interest only mortgages
• Jumbo mortgages
• FHA mortgages
• Mortgages with no closing costs

A National Bank of Commerce Mortgage Lender will be pleased to help you determine which option is right for you. For more information on current rates and options, please e-mail us at loaninquiry@natlbankofcommerce.com. Alternatively, please call us at either (708)544-5500 (Berkeley) or (630)285-5500 (Addison) and ask for the mortgage department.

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Home Equity Lines of Credit

Get a National Bank of Commerce home equity line of credit (HELOC) for the flexibility of using as much as you want, whenever you want.

• Low, flexible monthly payments let you pay just your interest
• Easy access by simply writing a check
• No points, closing costs, or application fees to open your Home Equity Line of Credit
• No annual fee for the first year, and a charge of only $35 thereafter.
• Good safety net for unexpected expenses.

You could be paying less for your loans, starting today. A home equity line of credit (HELOC) is a variable rate loan based on the available equity in your home.

A HELOC is great for homeowners who want a lower initial rate then fixed rate loans, or those who want easy access to funds in case of emergency.

Access checks allow you to withdraw money when you need it. As you pay, the remaining line of credit is available to you to use any way you like – consolidate your credit card debt, pay off auto loans and personal loans, pay for educational expenses or home improvement – the choice is yours.

Have more questions? A National Bank of Commerce Personal Banker will be pleased to help you determine which option is right for you. For more information on current rates and options, please e-mail us at loaninquiry@natlbankofcommerce.com. Alternatively, please call us at either (708)544-5500 (Berkeley) or (630)285-5500 (Addison) and ask for the mortgage department.

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Home Equity Loans / Home Improvement Loans

Do you want to lower your monthly payments by paying off higher rate credit cards? Ho about funds to repair the roof, put in new windows, install a pool or take that trip to Europe? National Bank of Commerce’s Fixed-Rate Home Equity Loan can help you use the financial power of your home to make your big dreams come true, and fund your little ones, too.

• You can borrow the equity in your home and receive a single disbursement.
• Your interest rate and monthly payments will remain the same throughout the term of the loan for up to 5 years.
• No application fee, no closing costs, and there could be some tax savings for you.

Please consult your tax advisor for information regarding possible tax benefits of home equity loans.

Have more questions? Please email us as noted above or call a personal banker today for your no-obligation loan consultation and find out which loan is right for you.