*APR=Annual Percentage Rate. Rates and terms accurate as of 11/08/2024 and are subject to change without notice. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. Loan rates featured are the lowest for the product advertised. Loan-to-value restrictions may apply. No closing costs on new HELOCs between $50,000 and $250,000. Rates advertised are for primary residence. For Home Equity Lines up to $250,000 a minimum balance of at least $25,000 must remain open and be maintained for 36 months after the funding date of the Line of Credit to avoid payment of closing costs. These fees generally range between $1,500.00 and $3,500.00 depending on the line amount, property value, location, and/or property type.  Hazard insurance is required on all loans secured by real property; flood insurance may also be required.   Introductory Rate is not available to members who are currently paying Introductory Rate on an existing Ocean Financial Home Equity Line of Credit or if Ocean Financial paid the closing costs for a HELOC taken within the past three years. Borrower may obtain credit advances for 10 years. HELOC is a variable rate product with a maximum rate of 18.00% APR. **After the introductory period, your APR will vary with the market based on the Prime Rate. Prime rate as of 11/08/24 = 7.75% APR as published in the Wall Street Journal. The floor APR is 3.00% plus your margin. For Home Equity Lines up to $250,000 a minimum balance of at least $25,000 must remain open and be maintained for 36 months after the funding date of the Line of Credit to avoid payment of closing costs.