*APR is the Annual Percentage Rate and is based on Wall Street Journal Prime minus 0.50%.  Rate may change monthly during draw period. Rate is accurate as of January 31, 2012 and subject to change without notice. Stated APR is available to applicants meeting established underwriting criteria. Your rate may be higher. To qualify for advertised rate, you must have maximum loan-to-value of 80% and request a minimum credit amount of $75,000. This open-end, revolving line has a draw period of 120 months. Interest-only payments are due monthly during the draw period.  The balance outstanding at 120 months will be amortized over 240 months, with principal and interest payments due beginning on the 121st month at the rate then in effect for twenty-year equity loans at the beginning of the repayment period.  Maximum APR is 18%. There is an application fee of $100 and an annual fee of $30 during the draw period. An appraisal may be required. Offer is available for new Gateway Bank home equity lines only and does not apply to refinancing of existing Gateway accounts. Contact a tax advisor regarding the deductibility of interest. Other rates and terms available.