Variable Rate Tied to Prime plus 0.25% ¹

Do you need to make some home improvements, pay taxes, pay educational expenses, consolidate debt, purchase a new car/truck – or just have money available for a rainy day? If yes, then we have a special offer that may meet your needs and save you hundreds of dollars every month!

Many borrow money to buy the more important things in life; but smart money managers pay the lowest possible interest rates, find tax breaks, and save money. The equity in your home can help you obtain the money you need to:

Fix Up Your Home: Add that extra room or remodel your home.

Buy A New Vehicle: Time to get a new car, truck, or SUV? Act now, and you'll have NO closing cost. Maximum line amount is $250,000².

Pay For Education: Cover school bills and avoid paying higher taxes! While interest on most other loans are not deductible on your Federal income taxes, interest you pay on your equity line may be tax deductible³!

Pay Off Your Bills:Consolidate other monthly higher-interest rate credit card or store charges into one lower monthly payment.

For current rates or to learn more about the benefits of having your own Home Equity Line, or to ask us about our other credit products, visit or call a local Cathay Bank Branch, or call us at: 1-800-9CATHAY.

¹ The Annual Percentage Rate (APR) is a variable rate tied to the WSJP Index plus a margin of 0.25%. As the WSJP Index changes, the rate on the Line changes. As of May 7, 2008, the APR is 5.25%. The rate on the Line will not exceed 18% APR.
² An annual fee of $60 is charged except in the first year the Home Equity Line is opened and is waived in years when the average outstanding balance is the credit limit or $20,000, whichever is less. There is $0 application fee. An early closure fee may apply. Property insurance is required. Offer is available for properties that are owner occupied in California.
³ Consult a tax advisor regarding the deductibility of interest.