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Consumer Lending
Home Equity Lines
Home Improvement

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Essex Bank provides you with a line of credit that you can access by simply writing a check, secured by the equity value of your home. Use your LifeLine Home Equity Line of Credit for home improvement, college tuition, the purchase of a car, or other needs. The Essex Bank LifeLine Home Equity Line of Credit combines convenience and flexibility with possible advantages when tax time arrives.**

**Offer is subject to credit and property approval and is based on a minimum equity line amount of $10,000 with a maximum combined loan to value of 85%. The lowest APR (Annual Percentage Rate) offered of 3.50% is a variable rate, and is subject to change. All balances will be calculated at a standard variable APR as indexed to the Wall Street Journal Prime Rate (currently 3.50% as of December 16, 2015) plus a margin of 0.00% with a floor of 3.50% for the life of the loan. Automatic deduction of payment is required rom an Essex Bank checking account to obtain advertised rate. APR may increase to 4.50% if automatic payment is discontinued. The Maximum APR is 18.00%. Bank will pay all closing costs for non-purchase money second lien equity lines up to $250,000. Bank will pay all closing costs except for title insurance for non-purchase money first lien equity lines up to $250,000. Available only to primary and secondary single-family residential real property located in Virginia and Maryland. Home Equity Lines of Credit closed within 24 months of the opening date are subject to the following terms and conditions: a prepayment penalty equal to 1.00% of the original line amount will be charged for lines that are secured by real property located in Virginia; a recapture of the closing costs funded by Essex Bank for establishing the line of credit will be charged for real property located in Maryland. Property insurance and, if applicable, flood insurance, must be in effect on property securing the loan. Certain conditions and restrictions may apply. Consult a tax advisor regarding interest deductibility.

**Consult your tax advisor.

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