step 3 The pace is fixed towards lifetime of the fresh new mortgage. % Apr (ounts between $a hundred,one hundred thousand and you may $499,999 which have 120-day label and equity property in next lien standing. Loan terminology can vary out of 5 years so you’re able to thirty years. The new Annual percentage rate doesn’t surpass 18%. Almost every other rates are available for almost every other financing number and you may words.
For loan/line amounts more than $500,100, additional terms and conditions tend to implement
You are able to file complaints and get more info towards servicer of the getting in touch with this new York State dept. regarding Economic Features Consumer Recommendations Unit at 1-800-342-3736 otherwise when you go to the latest Department’s webpages during the dfs.ny.gov.